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Panax provides cloud software for treasury management, cash flow forecasting, and liquidity visibility.
Founded in 2022 by Noam Mills, Niv Yaar, and Sefi Itzkovich, Panax is based in Tel Aviv-Jaffa, Israel. Its cloud platform automates transaction categorization and cash flow forecasting and connects to banks and financial systems. In May 2024, the company raised USD 10 million in Series A funding led by Team8 Capital and TLV Partners to support hiring and geographic expansion.
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