5/5
SC Media rating
2019 review, vendor-published
Report
Should I Use Panorays?
Third-party cyber risk management platform combining vendor assessments with continuous monitoring.
Depends
DependsBuy if you're a mid-size or large organization managing many vendors under regulatory pressure like NIS2.
Solid TPRM for enterprises with many vendors; opaque pricing and overkill for small teams.
Confidence: Medium
68
Customer reviews
FeaturedCustomers references
Quote-based
Pricing
Varies widely by vendor count
$62M
Total funding
Incl. $42M Series B
Value for money
2
Quote-only pricing varies widely by vendor count
Ease of use
4
G2 and SC Media praise ease of use
Feature depth
4
Assessments plus continuous monitoring, nth-party discovery
Support quality
4
Onboarding repeatedly praised in reviews
Pros
Cons
Gotchas
- mediumQuote-based pricing 'varies widely'; expect contracts scaled to vendor count⁹
- mediumReporting weakness claim comes from rival UpGuard — test reporting during trial⁶
- mediumGuess: TPRM platforms typically lock you into annual contracts; switching is painful
- lowSC Media's 5-star review dates to 2019; may not reflect current product11
Best for
- Mid-size to large enterprises with hundreds of vendors
- Firms facing NIS2 vendor-risk rules
- Teams combining questionnaires with continuous monitoring
- Banks and insurers managing supplier risk
Not for
- Small teams with a handful of vendors
- Anyone wanting self-serve, transparent pricing
- Solo IT admins without dedicated security staff
- Buyers prioritizing best-in-class reporting depth
Companies that use it
- AppsFlyer
- Arvest Bank
- Daifuku
- Sir Robert McAlpine
- CPI
Pricing
Custom quote
Undisclosed
- 4 editions per G2
- Varies by vendor count and modules
Security
No known public vulnerabilities found in the sources reviewed.
What users say
Users like the easy onboarding and automated questionnaires, while a competitor claims reporting lags rivals.
“onboarding was great”
“Great automated and customized…”
“Panorays does this. I believe the price is $4…”
Alternatives
Compare Panorays with each alternative.
UpGuard
Security ratings plus vendor risk; publishes head-to-head comparisons
Panorays vs UpGuardBitsight
Benchmarked security ratings for continuous vendor monitoring
Panorays vs BitsightSecurityScorecard
Ratings-led rival with strong market presence
Panorays vs SecurityScorecardOneTrust Third-Party Management
Top Gartner-listed alternative; broader governance suite
Full analysis
Based on 20+ public sources; several review snippets truncated, so ratings are directional.
Sources
review
review
- 68 Panorays Customer Reviews — FeaturedCustomersfeaturedcustomers.comreview
- Panorays Cost & Reviews — Capterra AUcapterra.com.aureview
- Panorays Competitors — UpGuardupguard.comreview
- Reddit: self-audit software threadreddit.comreview
- Best Panorays Alternatives — RiskLedgerriskledger.comreview
- Panorays Pricing — Vendrvendr.comreview
- Flexible TPRM Pricing — Panorayspanorays.comofficial
- SC Media 5-Star Review — Panorays blogpanorays.comofficial
- Product security page — Panorayspanorays.comsecurity
- Panorays Security Rating — UpGuardupguard.comsecurity
- Panorays $42M Series B — Panorays blogpanorays.comnews
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