Panax

AI-driven Cash Flow Management

Startup

Panax is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2022. AI-driven Cash Flow Management. The company has raised a total of $15M across 3 funding rounds, currently at the A stage. Panax was founded by Noam Mills, Niv Yaar, Sefi Itzkovich. Key investors include TLV Partners, Team8. The company has 51-200 employees. Core technologies: Platforms & Interfaces, Web.

With $15M in total funding, Panax is a A-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released.

$15M
Raised
3
Rounds
2
Investors
5
Team
2022
Founded
Sector & Technology
Fintech & InsurtechFinancial Operations SoftwarePlatforms & InterfacesWeb
At a Glance
Investors
Founders
In the News

2 articles covered by sources including www.calcalistech.com.

www.calcalistech.com · May 29, 2025
At 19, Israeli Noam Mills was the top-ranked fencer in the world in her age group and was on the way to becoming an Olympic athlete. Her journey took a sharp turn at Harvard, where she realized her ambitions extended beyond sports. Now the co-founder of Panax, a startup building a cash flow management platform, Mills explains how elite competition shaped her as an entrepreneur, and why she doesn’t look back.
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Frequently Asked Questions
What does Panax do?

Panax provides an automated cash management solution designed to help finance teams improve visibility, increase capital efficiency, and achieve total control. Panax enables finance teams to streamline their day-to-day cash and liquidity management in order to achieve optimal results.

How much funding has Panax raised?

Panax has raised $15M in total funding across 3 rounds. The company is currently at the A stage. Key investors include TLV Partners, Team8.

Who founded Panax?

Panax was founded in 2022 by Noam Mills (Co-founder & CEO), Niv Yaar (Co-founder & COO), Sefi Itzkovich (Co-founder & CTO).

What sector is Panax in?

Panax operates in Fintech & Insurtech, Financial Operations Software, with core technologies in Platforms & Interfaces, Web.

Where is Panax located?

Panax is based in Tel Aviv-Yafo, Israel. The company also has offices abroad.

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