Panorays

Company Overview

Snapshot

Founded in May 2016 by Matan Or-el, Demi Ben-Ari, Demi Ben, Amichai Shulman, and Meir Antar, Panorays operates with 51–200 employees. The company has raised $99.7 million across 5 funding rounds from 12 investors.

Business overview

Panorays provides a SaaS platform that automates third-party security risk evaluation and management. Its core technology combines automated, dynamic security questionnaires with external attack surface assessments and business context to deliver a rapid and accurate view of supplier cyber risk. The platform serves organizations across various industries, including financial services, banking, insurance, and healthcare, operating within the Cyber Security sector.

Strategic signal

In September 2023, Panorays partnered with HALOCK Security Labs to launch a streamlined third-party supplier management solution. This collaboration indicates a strategic move to enhance its market reach and product offering, signaling to investors a focus on expanding its ecosystem and providing more comprehensive solutions for third-party risk management.

Company Intelligence Q&A

What was a key strategic partnership for Panorays in late 2023?

In September 2023, Panorays teamed up with HALOCK Security Labs to launch a streamlined third-party supplier management solution, enhancing its offerings in the cybersecurity market.

What was a significant leadership appointment for Panorays in the Americas in late 2023?

In September 2023, Panorays appointed Devin Archer as Senior Director of Channels for the Americas, aiming to accelerate additional growth in the cybersecurity market.

When did Panorays introduce its Smart Match AI capability?

In August 2023, Panorays introduced its new Smart Match AI capability, designed to reduce questionnaire response time and accelerate vendor evaluations.