# Pano AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pano-ai

- Industry: Environmental Services
- Headquarters: San Francisco, US
- Website: www.pano.ai
- Total disclosed funding: $90M
- Latest round: Series B (Jun 16, 2025)
- Investors on record: 13

## About

Based in San Francisco, the US, and founded in 2019 by CEO Sonia Kastner, Pano AI, Inc. a.k.a. Pano provides early wildfire detection tools and intelligence to private landowners, insurers, utilities, and government agencies to mitigate wildfire threats for protecting property, lives, and environment. In June 2025, Pano AI, Inc. raised USD 44 million in series B funding led by new investor Giant Ventures, with participation from other new investors Liberty Mutual Strategic Ventures and Tokio Marine Future Fund. Returning investors Congruent Ventures, Initialized Capital, and Salesforce Ventures also participated in the round. Pano provides fire agencies, enterprises, and homeowners with real-time actionable intelligence and situational awareness through leveraging hardware, artificial intelligence, and cloud-based software to coordinate an informed rapid response to wildfires before they escalate, safeguarding lives, communities, and the environment. The company detects a threat from any source, automatically alerts fire monitoring professionals through built-in alerts and mobile notifications, and provides intelligent, auto-centered images with enhanced zoom, speeding confirmation of the event, and triangulation of the exact fire location. The company will use the June 2025 funding for further growth and development.

## Funding rounds

- Series B, Jun 16, 2025, $44M — Initialized Capital, Salesforce Ventures, Liberty Mutual Strategic Ventures, Congruent Ventures, Giant Ventures, Tokio Marine Future Fund
- Series A, Jul 10, 2023, $17M — Valor Equity Partners, Initialized Capital, Salesforce Ventures, Congruent Ventures, January Ventures, T-Mobile Ventures, Convective Capital, 5G Open Innovation Lab
- Series A, Sep 19, 2022, $29M — Initialized Capital, DCVC, Congruent Ventures, Quiet Capital, January Ventures, Convective Capital

## Investors

- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A, Series B
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series A
- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Series A, Series B
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series A
- January Ventures (https://capitalatlas.ai/funds/january-ventures) — Series A
- Convective Capital (https://capitalatlas.ai/funds/convective-capital) — Series A
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B
- T-Mobile Ventures (https://capitalatlas.ai/funds/t-mobile-ventures) — Series A
- 5G Open Innovation Lab (https://capitalatlas.ai/funds/5g-open-innovation-lab) — Series A
- Liberty Mutual Strategic Ventures (https://capitalatlas.ai/funds/liberty-mutual-strategic-ventures) — Series B
- Giant Ventures (https://capitalatlas.ai/funds/giant-ventures) — Series B
- Tokio Marine Future Fund — Series B