Panorays review (2026): features, pros and cons, pricing
Panorays is a third-party cyber risk platform that combines automated questionnaires with external attack surface scoring and ongoing monitoring.
Verdict at a glance
Panorays is a third-party cyber risk platform that combines automated questionnaires with external attack surface scoring and ongoing monitoring. It stands out for easy use and a free trial, aimed at enterprise and mid-market security teams.
Pros
- Easy to use, intuitive interface.
Cons
- Reporting could be more customizable.
- Price high for smaller companies.
What is Panorays?
Panorays is a third-party cyber risk platform that combines automated questionnaires with external attack surface scoring and ongoing monitoring. It is built for security teams monitoring a vendor base with outside-in cyber scoring and enterprise and mid-market buyers in North America, UK and EU. Panorays was founded in 2016 and is based in New York, US and Israel.
Category: Vendor Risk Management Software
Panorays key features
| Feature | What we found |
|---|---|
| Questionnaires / assessments | Automated questionnaires. |
| Continuous monitoring | External attack surface assessment and ongoing monitoring. |
| Vendor tiering | Inherent risk assessment up front (per Globes) |
| Remediation workflow | Covers remediation (per Globes) |
Panorays pricing
Panorays uses custom pricing and publishes no plans, unit price or starting price. The sales team quotes after a conversation, and billing is by quote. G2 lists a free trial. Two G2 reviewers reported an average discount of 18%, which suggests list quotes are negotiable, but that is a small sample. A Capterra listing shows $2,500 per user per month, which looks unreliable. What drives a quote is not published: neither seat counts, vendor counts nor modules are documented, so ask exactly which of these set your price and how it changes at renewal.
Panorays does not publish a price list. Pricing is quoted on request.
G2 lists a free trial and average discount of 18% from two reviews. Capterra shows $2500 per user per month, which looks unreliable and is not used as the starting price.
Who Panorays is best for
Best for
- Security teams monitoring a vendor base with outside-in cyber scoring.
- Enterprise and mid-market buyers in North America, UK and EU.
Not ideal for
- Small companies sensitive to price (G2 reviewers flag cost)
- Teams wanting heavily customizable reporting.
Panorays alternatives
- UpGuardMid-size security teams that want published entry pricing for vendor risk.
SecurityScorecardSecurity teams that want outside-in continuous monitoring of many vendors.
BitsightTeams that want outside-in security ratings to monitor many vendors continuously.
WhisticSecurity and GRC teams that run questionnaire-based vendor assessments.
Mitratech PrevalentMid-market and enterprise risk teams running structured vendor assessment programs.
VenminderBanks and credit unions needing examiner-ready vendor due diligence.
What Panorays really costs
Panorays publishes no price list, so the real cost depends on the quote. Use the questions below to turn a sales conversation into a number you can compare.
Questions to ask about price
- What is the price per user or per unit, and what is the pricing basis (seats, employees, usage)?
- Is there a minimum number of seats or a minimum annual spend?
- What is the discount for annual billing, and can we start monthly?
- Which features we need sit in add-ons or a higher plan, and what do they cost?
- How much can the price rise at renewal, and is the increase capped in the contract?
- Are there one-time costs for implementation, onboarding or data migration?
Is Panorays worth the price?
Panorays is good value for security teams that monitor a vendor base with outside-in cyber scoring, particularly enterprise and mid-market buyers. It gets expensive and awkward for small companies, since G2 reviewers flag cost, and for teams who want a general vendor management or contract tool, because it is strongest in cyber posture. Teams wanting highly customizable reporting also report limits.
Worth it if
- Security teams monitoring a vendor base with outside-in cyber scoring.
- Enterprise and mid-market buyers in North America, UK and EU.
Look elsewhere if
- Small companies sensitive to price (G2 reviewers flag cost)
- Teams wanting heavily customizable reporting.
Pricing details most reviews leave out
- Covers the lifecycle from inherent risk to remediation and monitoring in one platform.
- No public price; Capterra shows an implausible per-user figure, so ignore it.
- Funding totals conflict widely across sources, so treat size claims carefully.
- Strongest in cyber posture; not a general vendor management or contract tool.
Our verdict on Panorays
Panorays is a third-party cyber risk platform that combines automated questionnaires with external attack surface scoring and ongoing monitoring. It does not publish a price, so the real cost only appears in a quote. G2 shows a 4.3 rating from 52 reviews, and reviewers say price is high for smaller companies. Ask for a written quote early in your evaluation, before you plan a rollout.
Because there are no public plans, budget by asking for a written quote early. G2 lists a free trial and an average discount of 18% from two reviews, so there is likely room to negotiate. Capterra shows a figure of $2,500 per user per month that looks implausible, so ignore it when you build a budget.
Panorays FAQ
What is Panorays used for?
Panorays is a third-party cyber risk platform that combines automated questionnaires with external attack surface scoring and ongoing monitoring. It stands out for easy use and a free trial, aimed at enterprise and mid-market security teams. It suits security teams monitoring a vendor base with outside-in cyber scoring.
How much does Panorays cost?
Panorays does not publish a price, and you need to contact sales for a quote. A Capterra figure of $2,500 per user per month looks unreliable and should not be used for budgeting.
Does Panorays offer a free trial?
G2 lists a free trial for Panorays. Confirm the length and scope with the vendor before you plan a pilot.
Can I negotiate the Panorays price?
Likely. Two G2 reviewers reported an average discount of 18%, though that is a small sample. Ask for a multi-year quote and compare it against alternatives before agreeing.
About Panorays
- Founded
- 2016.
- Headquarters
- New York, US and Israel.
- Funding or owner
- Series B $42M (Sept 2021); Series C reported at $37.7M (2023, StartupIM); about $62M to $99.7M total depending on source.
Listed in: Vendor Risk Management Software
Sources
Every fact on this page comes from Panorays's own pricing, product or documentation pages, G2 and company records, checked on October 24, 2026. Unknown values are left out instead of estimated.