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
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
Phone
Undisclosed
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
Panax LinkedIn Company Profile
Social Media
Panax Company Twitter Account
Company News
Panax News
Facebook
Panax on Facebook
YouTube
Panax on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Noam Mills
  Noam Mills LinkedIn Profile  Noam Mills Twitter Account  Noam Mills News  Noam Mills on Facebook
Chief Technical Officer
Sefi Itzkovich
  Sefi Itzkovich LinkedIn Profile  Sefi Itzkovich Twitter Account  Sefi Itzkovich News  Sefi Itzkovich on Facebook
VP - Bus. Development
Niv Yaar
  Niv Yaar LinkedIn Profile  Niv Yaar Twitter Account  Niv Yaar News  Niv Yaar on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/8/2024: Testmate Health venture capital transaction
Next: 5/8/2024: Composabl venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary