Tech Company Financing Transactions
Panax Funding Round
Panax secured a $15 million financing round on 5/8/2024. Investors included Team8 and TLV Partners.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further scale sales and support teams, expand its U.S. presence with a New York City office, and increase its product development resources.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
14 Isserles St.
Tel Aviv Jaffa, Undisclosed
Israel
Tel Aviv Jaffa, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Technology has revolutionized the way finance teams manage their workload. Automation and AI are oh so common, yet the most valuable asset, cash, is still left behind. Far too many finance teams still track, monitor, and manage cash flow using manual, error-prone processes. Our mission is to help finance teams become more efficient and strategics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Noam Mills
Chief Technical Officer
Sefi Itzkovich
VP - Bus. Development
Niv Yaar
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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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