French insurtech startup Panora, an AI-powered platform for insurance brokers, has raised $5 mn in seed funding, according to Beinsure. Isai led the round, with Kima Ventures, 100in, 199 Ventures and Pennylane’s founders also taking part.
Panora is building a suite of AI-powered agents for insurance brokers: a highly regulated and operationally complex industry.
The system offers a suite of assistants that automate tasks like prospecting, note-taking after calls, document collection, offer comparison, and compliance checks.
Diane du Paty and Fabian Langlet founded Panora to build an AI-powered execution system for insurance brokers. The software takes on administrative and operational work that still eats into brokers’ time.
Its workflow covers document collection, quotation, compliance tasks and commission reconciliation. Panora says this setup lets brokers focus more of their working day on advising clients rather than re-entering data.
We are entering a key phase of scaling and industrializing our AI platform. Our ambition: become the AI Operating System for brokers in Europe, automating high-friction workflows while improving compliance, advisory quality, and client relationships.
By connecting with brokers’ existing email and CRM tools, Panora transforms fragmented workflows into a unified process, from lead detection to contract management. It helps brokers save time, reduce manual work, and focus on client relationships rather than admin overhead.
The product is already live with brokerage firms across France and Belgium, with AI assistants in production (quotation automation, contract comparison, coverage analysis, compliance checks, document generation).
Before developing the product, Panora conducted more than 200 hours of interviews with insurance brokers across Europe. The research identified manual data input and disconnected carrier systems as recurring operational problems.
Brokers often work through numerous insurer portals without modern data links, Panora said. Routine processes then become slow, repetitive and heavily manual, often requiring the same details across different extranets.
Panora built its infrastructure for Europe’s regulated insurance market. The system works across multiple AI models and does not depend on one technology provider.
It records traceable, auditable workflows and encrypts each firm’s data. Carrier-specific logic seeks to improve reliability while meeting regulatory and compliance requirements.
Du Paty said the team sat with brokers in Brest, Nice, Antwerp and London, where staff repeatedly entered identical information into 15 different extranets. She argued that AI should carry the administrative workload, leaving brokers in control of advice and accountable for their decisions.
We sat next to brokers in Brest, Nice, Antwerp and London as they re-typed the same information into fifteen different extranets. They all told us the same thing: their job has become data entry instead of advice. Our conviction is that AI should do the work while the broker keeps the advice, the control and the accountability
Diane du Paty, CEO and co-founder of Panora
Three months after its commercial launch, Panora says it has signed 40 broker clients. The customer list includes several major industry firms, international brokers and insurers.
Panora enables brokers to save hours every week, reduce analysis time by up to 70%, and focus on what truly matters: advising their clients.
Founded by Diane, ex-VC with a strong operational background, and Fabian, repeat founder and product-driven AI engineer, Panora is backed by Hexa (formerly eFounders), the startup studio behind Aircall, Spendesk, and Front.
Founded in 2011 as eFounders, Hexa is a startup studio that has launched over 40 companies with a combined valuation of over $4.5 bn, including Aircall, Spendesk, Front, Swan, Yousign, and Upflow. Today, the focus is on launching companies in the areas of AI, future of work, health, fintech, and web3 – with even more verticals to come.
According to Beinsure, the early commercial traction gives Panora a base for expansion beyond its first markets in France, Belgium and the UK. The company will use the new funding to grow its technical team and strengthen insurer portal links.
Panora also plans to improve the reliability of its AI agents and expand its data infrastructure. The startup intends to enter additional European markets as it grows its broker network.
