Advising Elevator Fund on the valuation of Panorays, a cybersecurity software platform.

Flow Partners performed a confidential valuation of Panorays, a software platform for third-party security management.

Tel Aviv, Israel
·27 January 2021

Overview

Elevator Fund required an actionable valuation advice for Panorays in order to accurately balance and keep pulse on their venture portfolio.

We have provided an independent valuation opinion that included valuation insights on current cybersecurity market, comparable environment analysis, company growth profile assessment vs. market, portfolio impact, operational benchmarking, green/red flag analysis and more.

This project highlights Flow Partners' stellar track record in the cybersecurity space, having e.g. supported Picus Security (breach and attack simulation software), Sentryc (brand protection software) and strategically advising a global testing, certification and inspection player in entering cybersecurity and software testing markets.

About Panorays

Panorays is a rapidly growing provider of third-party security risk management software, offered as a SaaS-based platform. Panorays manages the whole process from inherent to residual risk, remediation and ongoing monitoring. Unlike other solution providers, Panorays combines automated, dynamic security questionnaires with external attack surface evaluations and business context to provide organizations with a rapid, accurate view of supplier cyber risk.

It is the only such platform that automates, accelerates and scales customers' third-party security evaluation and management process, enabling easy collaboration and communication between companies and suppliers, resulting in efficient and effective risk remediation in alignment with a company's security policies and risk appetite.

Panorays serves as the missing link in third-party security management, creating an out-of-the-box process and security plan, which also easily integrates into existing organizational workflows and systems. It is trusted by organizations worldwide in industries such as financial services, banking, insurance and healthcare, among others.

About Elevator Fund

Elevator Fund invests in exceptional early-stage startups globally. Elevator leads and syndicates seed rounds, investing between $250K-$1M in innovative companies located in Israel, Europe and the US. Elevator invests in areas of fintech, new media, digital health and other emerging fields.

About Flow Partners

Flow Partners provides founder-friendly corporate finance and fractional CFO advice to technology entrepreneurs globally. Flow was founded in 2020 and operates globally with presence in London, Berlin, Warsaw and Miami.

For more information, please visit flowpartners.io.

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Advising Elevator Fund on the valuation of Panorays, a cybersecurity software platform. | Flow Partners