- Acquired by Infosys for $200M, Feb 2015
- Raised $20M Series E led by IGP - Israel Growth Partners, Dec 2014
- Raised $16M Series D led by Battery Ventures, Dec 2012
About
Panaya, an Infosys company, is a global technology company offering SaaS-based change impact analysis and cloud-based testing for packaged applications, focusing on enterprise resource planning (ERP) and customer relationship management (CRM) software systems. The company's platform provides change intelligence, automated testing, and impact analysis for major ERP systems like SAP, Oracle E-Business Suite, and Salesforce. Panaya helps organizations foresee, manage, and validate the impact of changes, ensuring smoother upgrades, migrations, and ongoing maintenance. Since its founding in 2006, over 3,000 companies across 62 countries, including a third of the Fortune 500, have trusted Panaya to drive rapid, quality testing and change management in their enterprise business applications. Panaya was founded in 2006 as ChangeSoft Technologies by entrepreneur Yossi Cohen and was originally headquartered in Ra'anana, Israel. [2, 3, 4] It later rebranded to Panaya and relocated its headquarters to Hod HaSharon, Israel. [4]
Funding history · 6 rounds · $59.0M total
Headcount over time
Q&A
- When was Panaya acquired and by whom?
- Panaya was acquired by Infosys in February 2015 for $200 million.
- What is Panaya's primary business?
- Panaya is a leading provider of SaaS solutions that accelerate and de-risk ERP application lifecycle management, offering change impact analysis and cloud-based testing for packaged applications like SAP, Oracle E-Business Suite, and Salesforce.
- What was Panaya's most recent funding round before its acquisition?
- In January 2015, Panaya raised a $20 million E Round, led by Israel Growth Partners.
- What was Panaya's D Round funding details?
- In January 2013, Panaya secured $16 million in a D Round, with Battery Ventures.
- What is Panaya's latest product development announcement?
- In January 2026, Panaya launched Seemore, an AI agentic layer for ERP, CRM, and enterprise apps testing and change delivery.
- What recent partnership did Panaya announce in Japan?
- In December 2025, Panaya and VeriServe signed a distributor agreement to accelerate smart IT project testing in Japan.
- What is Panaya's recent recognition in analyst evaluations?
- In December 2025, Panaya was recognized as a Strong Performer in Autonomous Testing Platforms Q4 2025 analyst evaluation.
- What is Panaya's recent collaboration with Cognizant?
- In January 2025, Panaya announced a strategic collaboration with Cognizant to boost SAP transformation projects.
Team · 1
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | panaya.com |
|---|---|
| linkedin.com/company/35280 | |
| X / Twitter | twitter.com/panaya |
| facebook.com/mypanaya | |
| YouTube | youtube.com/user/PanayaVideos |
| Wikipedia | en.wikipedia.org/wiki/Panaya |
| Wikidata | wikidata.org/wiki/Q19647969 |
Identifiers & details
| Founded | 2006 |
|---|---|
| Employees (exact) | 221 |
| Offices | München; Minato City; France; Hackensack |
| Status reason | Acquired by Infosys on Feb, 2015 |
| Wikidata QID | Q19647969 |
Acquisitions & public offerings
Acquired by Infosys 2015-02 $200.0M
Radar intelligence
Patents
| EPO | 34 |
|---|
Publications (Crossref)
| Works | 2 |
|---|
Web history (Wayback)
| Domain | panaya.com |
|---|
Wikidata
| QID | Q19647969 |
|---|
Certificate / subdomain footprint
| Subdomains | 22 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 513772707 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2006-01-02 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 3 — charge (1), people (1), annual_report (1) |
| Registered address | החרש 6 הוד השרון |
Recent registry events
| Date | Event |
|---|---|
| 2026-01-27 | סילוק שעבוד |
| 2026-01-27 | עדכון בעלי תפקידים |
| 2026-05-18 | דו~ח שנתי |