Panax secured $15M to scale and meet rapidly growing global demand for its AI-powered cash flow management platform
Amount Raised
$15 Million
Round Type
Funding Round
New YorkFinancial ServicesArtificial IntelligenceFintechBlockchainInvestors
Description
Panax, a company offering an AI-driven cash flow management platform, has raised $15 million to further accelerate its growth by scaling sales and support teams, expanding its U.S. presence with a New York City office, and increasing its product development resources. The investment comes from Team8 and TLV Partners.
Quick answer
Panax raised $15 Million in a Funding Round round, dated May 8, 2024. Investors: TLV Partners and Team8. Panax is based in New York, New York, United States.
- How much did Panax raise?
- Panax raised $15 Million in a Funding Round round on May 8, 2024.
- Who invested in Panax?
- TLV Partners and Team8 are named as investors in this round.
- What does Panax do?
- Panax empowers mid-market and large companies to gain full visibility and control over their cash operations and to optimize their liquidity by leveraging AI-driven automation and insights.
- Where is Panax based and how big is it?
- Panax is based in New York, New York, United States.
- Who are the decision-makers at Panax?
- Fundz holds 1 contact at Panax. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Panax that raised within 45 days of this round, from Fundz verified event records.
- Aperture Finance raised $12M (Series A) on May 29, 2024.
- Aidentified raised $13M (Series B) on June 12, 2024.
- Aidentified raised $23M on June 10, 2024.
- Mountain Protocol raised $8M (Series A) on June 6, 2024.
- SmartLoC raised $2M (Seed) on June 6, 2024.
- 11thEstate raised $2M (Seed) on June 6, 2024.
Who to call at Panax, and when
A new round usually means Panax is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Panax raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Panax, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Panax. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Panax raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Panax raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.