Panaya
Hod Hasharon, Israel
How Panaya hit $50M revenue and 3K customers in 2024.
Provider of cloud based testing and upgrade automation software technology. The company's services include providing change impact simulation, automated code remediation, collaborative test management and test-execution, enabling companies with the ability to address their constant flow of business application changes.
2005
Founded
$50M
2024 Revenue
66.88%
YOY
$59M
Funding
Panaya Revenue
In 2024, Panaya revenue run rate hit $50M in revenue.
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2024
Panaya hit $50M in revenue in 2024
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2021
Panaya hit $16.6M in revenue in 2021
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2005
Panaya launched in 2005 with $0 revenue
Panaya Funding History
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2015 Series E
Panaya raised a Series E of in January, 2015
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2013 Series D
Panaya raised a Series D of in January, 2013
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2010 Series C
Panaya raised a Series C of in September, 2010
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2010 Series C
Panaya raised a Series C of in June, 2010
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2009 Series B
Panaya raised a Series B of in October, 2009
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2006 Series A
Panaya raised a Series A of in April, 2006
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 08 2015 | Series E | ||
| January, 08 2013 | Series D | ||
| September, 21 2010 | Series C | ||
| June, 07 2010 | Series C | ||
| October, 10 2009 | Series B | ||
| April, 18 2006 | Series A |
Team
Panaya has 198 total employees and 47 sales reps that carry a quota. They have 3,000 customers an engineering team of 42 and a marketing team of 9.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 198 |
| Engineer | 42 (21%) |
| Sales | 47 (24%) |
| Marketing | 9 (5%) |
Founder / CEO
David Binny
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Panaya Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| David Binny | CEO | [email protected] | - |
Panaya Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| David Binny | CEO | [email protected] | - |
Frequently Asked Questions about Panaya
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When was Panaya founded?
Panaya was founded in 2005.
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How much revenue does Panaya generate?
Panaya generates $50M in revenue.
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Who is the CEO of Panaya
The CEO of Panaya is David Binny.
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How much funding does Panaya have?
Panaya raised $59M.
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How many employees does Panaya have?
Panaya has 198 employees.
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Where is Panaya headquarters?
Panaya is headquartered at Hod Hasharon, Israel
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