What is Panorays?
Panorays operates at the intersection of cybersecurity and enterprise risk management, providing a sophisticated SaaS platform that automates the evaluation and monitoring of third-party security postures. By leveraging advanced AI-driven analysis, the company enables organizations in the financial services, healthcare, and insurance sectors to gain real-time visibility into their digital supply chain. Headquartered in New York and Israel, Panorays has effectively scaled its operations to meet the rigorous compliance and security demands of North American, UK, and EU markets, positioning itself as a vital component of modern enterprise security architecture.
How much funding has Panorays raised?
Panorays has raised a total of $62M across 3 funding rounds:
Unspecified
$5M
Series A
$15M
Series B
$42M
Unspecified (2018): $5M with participation from Aleph
Series A (2019): $15M led by Oak HC/FT Partners LLC
Series B (2021): $42M supported by Greenfield Partners, Aleph, Greenspring Associates, Oak HC/FT, BlueRed Partners, and Moneta VC
Key Investors in Panorays
Oak HC/FT
A premier venture growth-equity fund specializing in healthcare information and financial services technology, providing strategic counsel and board-level expertise.
Moneta VC
Israel's most active fintech-focused venture capital firm, known for fostering long-term partnerships and connecting portfolio companies with major financial institutions.
Aleph
An early-stage venture capital fund dedicated to partnering with Israeli entrepreneurs to scale meaningful, globally recognized technology brands.
What's next for Panorays?
With the infusion of recent capital, Panorays is well-positioned to deepen its technological moat and expand its footprint within the global enterprise market. The strategic roadmap likely involves enhancing its automated risk assessment capabilities and scaling its international sales infrastructure to capture increasing demand for supply chain transparency. As organizations face mounting pressure to secure their vendor ecosystems against sophisticated cyber threats, Panorays is poised to leverage its robust investor backing to maintain its growth trajectory and solidify its leadership in the third-party risk management landscape.
See full Panorays company page