Panora, a France-based AI platform for B2B insurance brokers, has raised $4.5 million in a funding round led by ISAI, with participation from Kima Ventures, 100in, 199 Ventures, and several fintech entrepreneurs.

Founded by Diane du Paty and Fabian Langlet, Panora develops software that helps brokers handle repetitive tasks such as multi-carrier quoting, comparison, document generation, and DDA compliance, while keeping brokers responsible for decisions and client relationships.

The new funding will be used to strengthen the company’s technical team and support expansion into additional European markets beyond France, Belgium, and the United Kingdom. Panora was incubated at startup studio Hexa, formerly known as eFounders.