When was Panaya founded?

Panaya was founded in 2006 and raised its 1st funding round within a year of its incorporation.

Where is Panaya located?

Panaya is headquartered in Hackensack, United States.

How many employees does Panaya have?

As of Jan 31, 2026, the latest employee count at Panaya is 205.

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 A round, raised on Apr 18, 2006.

How much is Panaya worth?

The last known valuation of Panaya was $***** as of Feb 16, 2015.

When was the latest funding round of Panaya?

Panaya's latest funding was a $***** Series E round on Jan 08, 2015, with participation from 1 investor. Its primary sector is Product Management Tools. In United States, the Product Management Tools sector has seen $157M in funding in 2026 to date.

Where does Panaya rank among its competitors?

Panaya ranks 4th amongst 261 active competitors, of which 29 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Wingify, which secured $150M in Mar, 2026.

Who are the top competitors of Panaya?

Panaya's top competitors include Wingify, Statsig and AB Tasty. Among them, Wingify secured the most recent funding round in March, 2026.

Panaya - 2026 Company Profile, Team, Funding & Competitors

Q: Is Panaya an acquired company?

Panaya got acquired by Infosys on Feb 16, 2015.

Company Details

Panaya is a SaaS solution for ERP change analytics and cloud based enterprise software testing. It enables organizations to maintain, deploy and fully automate existing ERP suites. The platform automatically analyzes the impact of pending business process changes and informs all stakeholders on a need to know basis. The platform can be deployed within a few hours to instantaneously lessen the risk of business disruption and reduce ERP maintenance costs. Clients of the company include Apple, Coca Cola, TMobile, AstraZeneca, Siemens, Verizon, GSK, etc.

Website: panaya.com
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Email ID: *****@panaya.com
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

2006

Location

Hackensack, United States

Stage

Acquired

Total Funding

$59M in 6 rounds

Latest Funding Round

Series E, Jan 08, 2015, $*****

Last Known Valuation

$***** as on Feb 16, 2015

Investors

Benchmark & 7 more

Ranked

4^th among 261 active competitors

Employee Count

205 as on Jan 31, 2026

Similar Companies

Wingify & 280 more

Exit Details

Acquired by Infosys (Feb 16, 2015)

View Panaya's full profile

Panaya got acquired by Infosys on Feb 16, 2015 at an acquisition amount of $*****.

Click here to take a look at Panaya's acquisition in detail

Panaya has raised a total funding of $59M over 6 rounds. Its first funding round was on Apr 18, 2006. Its latest funding round was a Series E round on Jan 08, 2015 for $*****. 1 investor participated in its latest round. Panaya has 8 institutional investors.

Here is the list of recent funding rounds of Panaya:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 08, 2015	5517556	Series E	5727648	4995656	7252381	6549836
Jan 08, 2013	1424977	Series D	9879111	4634349	1254846	Battery Ventures & 2 more
Sep 21, 2010	8836394	Series C	4807028	9328156	8057573	Hasso Plattner Ventures

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View details of Panaya's funding rounds and investors

The founders of Panaya is Yossi Cohen.

Here are the details of Panaya's key team members:

Yossi Cohen: Former Founder of Panaya.

View details of Panaya's Founder profiles and Board Members

Panaya's employee count trend

Panaya has 205 employees as of Jan 26. Here is Panaya's employee count trend over the years:

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Top competitors of Panaya include Wingify, Statsig and AB Tasty. Here is the list of Top 10 competitors of Panaya, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wingify 2009, Delhi (India), Acquired	Provider of software products for digital experience management	$150M	Everstone Capital, Pmark Capital Advisory ... & 12 others	71/100
2nd	Statsig 2021, Kirkland (United States), Acquired	Cloud based AB testing and feature management platform	$153M	Sequoia Capital, Iconiq Capital & 11 others	71/100
3rd	AB Tasty 2009, New York City (United States), Acquired	AB Testing based content optimization solution	$64M	Kima Ventures, Korelya Capital & 8 others	69/100
4th	Panaya 2006, Hackensack (United States), Acquired	SaaS for ERP change analytics and enterprise change testing	$59M	Benchmark, Kreos Capital & 6 others	66/100
5th	Tonic.ai 2018, San Francisco (United States), Series B	AI-based solutions for creating safe, useful, de-identified data for QA, testing, and development.	$45M	Insight Partners, Notable Capital & 9 others	62/100
6th	Leanplum 2012, San Francisco (United States), Acquired	Mobile A/B testing, personalization & analytics platform	$172M	Norwest, Shasta Ventures & 14 others	59/100
7th	Bugasura 2019, Bengaluru (India), Unfunded	Cloud based solutions for reporting bugs	-	-	53/100
8th	Synthesized 2017, London (United Kingdom), Series A	Developer of synthetic data generation platform for machine learning model development	$30.5M	Mundi Ventures, IQ Capital & 17 others	53/100
9th	KushoAI 2022, San Francisco (United States), Seed	Provider of an AI-powered platform for software reliability and security	$600K	Antler, Blume Venture & 4 others	53/100
10th	Eppo 2021, San Francisco (United States), Acquired	Developer of a platform for experimentation and feature management solutions	$51.3M	Icon Ventures, Amplify Partners & 4 others	51/100