About Panaya
Panaya is a company based in Hackensack (United States) founded in 2006 was acquired by Infosys in February 2015.. Panaya has raised $59 million across 6 funding rounds from investors including Infosys, Israel Growth Partners and Battery Ventures. Panaya operates in a competitive market with competitors including AB Tasty, Wingify, MarketDial, Eppo and Leanplum, among others.
- Headquarter Hackensack, United States
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Panaya
Panaya has successfully raised a total of $59M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $20 million completed in January 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series E — $20.0M
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First Round
First Round
(18 Apr 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2015 | Amount | Series E - Panaya | Valuation |
investors |
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| Jan, 2013 | Amount | Series D - Panaya | Valuation |
investors |
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| Sep, 2010 | Amount | Series C - Panaya | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Panaya
Panaya has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Infosys, Israel Growth Partners and Battery Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity is invested in growth-stage Israeli hi-tech companies.
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Panaya
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Panaya
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Panaya Comparisons
Competitors of Panaya
Panaya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AB Tasty, Wingify, MarketDial, Eppo and Leanplum, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Website content is optimized via A/B testing and multivariate analysis.
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| domain | founded_year | HQ Location |
Provider of software products for digital experience management
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| domain | founded_year | HQ Location |
A/B testing optimization platform for offline retailers is managed.
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| domain | founded_year | HQ Location |
Tools for workflow automation are provided by Eppo.
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| domain | founded_year | HQ Location |
Mobile A/B testing, personalization & analytics platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Panaya
Frequently Asked Questions about Panaya
When was Panaya founded?
Panaya was founded in 2006.
Where is Panaya located?
Panaya is headquartered in Hackensack, United States. It is registered at Hackensack, New Jersey, United States.
Is Panaya a funded company?
Panaya is a funded company, having raised a total of $59M across 6 funding rounds to date. The company's 1st funding round was a Series C of $6M, raised on Apr 18, 2006.
What does Panaya do?
Founded in 2006 and based in Hackensack, United States, Panaya operates in the software sector, offering a SaaS platform for ERP change analytics and cloud-based enterprise software testing. The solution supports maintenance, deployment, and automation of existing ERP systems. Impacts of business process changes are analyzed automatically, with information shared among stakeholders as needed. Deployment occurs within hours to mitigate business disruption risks and lower ERP maintenance expenses.
Who are Panaya's investors?
Panaya has 7 investors. Key investors include Infosys, Israel Growth Partners, Battery Ventures, Benchmark, and Hasso Plattner Ventures.
What is Panaya's valuation?
The valuation of Panaya is $200M as of Jan 2015.
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