About Pando
Pando is a company based in Mountain View (United States) founded in 2018 by Abhijeet Manohar and Nitin Jayakrishnan. It operates as a AI-as-a-Service, and SaaS (Software-as-a-Service). Pando has raised $41.39 million across 5 funding rounds from investors including Nexus Venture Partners, Iron Pillar and Next47. Pando offers products and services including AI Freight Procurement Analyst, AI Transportation Expert, AI Freight Audit & Pay Specialist, AI Freight Insights Analyst, and Fulfillment Cloud. Pando operates in a competitive market with competitors including Turvo, Slync, SemiCab, Veratrak and LogShare, among others.
- Headquarter Mountain View, United States
- Founders Abhijeet Manohar, Nitin Jayakrishnan
- Stage Minicorn
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Quaking Aspen, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.39 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series B
May 03, 2023
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Investors
Nexus Venture Partners
& 22 more
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Employee Count
Employee Count
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Products & Services of Pando
Pando offers a comprehensive portfolio of products and services, including AI Freight Procurement Analyst, AI Transportation Expert, AI Freight Audit & Pay Specialist, AI Freight Insights Analyst, and Fulfillment Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Freight procurement is managed with precision by Pi.
Transportation planning is optimized for better customer experience.
Freight invoices are audited to prevent overpayment issues.
Transportation performance is analyzed for strategic operational insights.
Logistics operations are streamlined through cloud-based solutions.
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Funding Insights of Pando
Pando has successfully raised a total of $41.39M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $30.0M
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First Round
First Round
(16 Apr 2018)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series B - Pando | Valuation | Uncorrelated Ventures , Iron Pillar | |
| Sep, 2021 | Amount | Series A - Pando | Valuation | Trifecta Capital |
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| Jan, 2020 | Amount | Series A - Pando | Valuation | Chiratae Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pando
Pando has secured backing from 23 investors, including venture fund and angel investors. Prominent investors backing the company include Nexus Venture Partners, Iron Pillar and Next47. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Founded Year | Domain | Location | |
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Venture capital is directed toward infrastructure software companies.
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Founded Year | Domain | Location | |
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Growth capital provision and investment services for tech entrepreneurs across multiple locations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pando
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pando
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pando Comparisons
Competitors of Pando
Pando operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Turvo, Slync, SemiCab, Veratrak and LogShare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud and AI-based platform for collaborative logistics is provided.
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| domain | founded_year | HQ Location |
Offers AI & blockchain-enabled solutions for supply chain visibility and traceability
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| domain | founded_year | HQ Location |
Provider of Cloud, IoT, and AI-based marketplace for long-haul freight transportation services
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| domain | founded_year | HQ Location |
Supply chain software is offered for pharmaceutical logistics and compliance.
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| domain | founded_year | HQ Location |
Logistics collaboration is enabled through supplier integration for freight.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pando
Frequently Asked Questions about Pando
When was Pando founded?
Pando was founded in 2018.
Where is Pando located?
Pando is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Pando?
Nitin Jayakrishnan is the current CEO of Pando. They have also founded this company.
Is Pando a funded company?
Pando is a funded company, having raised a total of $41.39M across 5 funding rounds to date. The company's 1st funding round was a Series A of $9.01M, raised on Apr 16, 2018.
What does Pando do?
Pando is focused on transforming logistics through AI agents and platforms. Operations are supported across freight procurement, transportation management, and audit processes. Sectors served include consumer products, retail, automotive, chemicals, and pharmaceuticals. Solutions are designed to reduce costs, improve customer experience, and digitalize supply chain execution. Recognition as a Visionary in the 2025 Gartner Magic Quadrant for Transportation Management Systems is noted. Integration with enterprise systems like ERP and TMS is provided for seamless operations.
What products or services does Pando offer?
Pando offers AI Freight Procurement Analyst, AI Transportation Expert, AI Freight Audit & Pay Specialist, AI Freight Insights Analyst, and Fulfillment Cloud.
Who are Pando's investors?
Pando has 23 investors. Key investors include Nexus Venture Partners, Iron Pillar, Next47, Uncorrelated Ventures, and Chiratae Ventures.
What is Pando's valuation?
The valuation of Pando is $73.48M as of Sep 2021.
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