Panax
Panax's AI-driven platform connects your financial data sources to give finance teams full control over cash flows and liquidity. We help companies simplify complex financial operations and reduce dependency on legacy spreadsheets and IT resources.
Panax
Panax's AI-driven platform connects your financial data sources to give finance teams full control over cash flows and liquidity. We help companies simplify complex financial operations and reduce dependency on legacy spreadsheets and IT resources.
TL;DR
Product: AI-native cash and treasury management platform for real-time cash visibility, forecasting, automation, and risk alerts
Founded: 2022
Founders / leadership: Noam Mills, Niv Yaar; Sefi Itzkovich (co-founder & CTO)
Funding: $15.5M total disclosed; $10M Series A (May 8, 2024)
Headcount: ~74 employees
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Company Overview
Problem Domain
Cash, treasury, and finance operations automation for midsize and large companies.
Founded
2022
Industry
Financial Services
Funding Track Record
$5.5M
$10M
Series A included participation from TLV Partners
Investor Signal
“Backed by venture investors including Team8 (led Series A) and TLV Partners (seed and Series A participation)”