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Pando AI

3245 Geary Blvd #590359, San Francisco, California, 94118, United States

Overview

Pando offers a SaaS fulfillment-management platform that consolidates supply chain data across silos and provides tools and apps for freight procurement, trade and transport management, freight audit and payment, document management, dispatch planning and analytics. Customers can customize the tools or build their own using Pando’s APIs; the platform emphasizes no-code capabilities and comes pre-integrated with leading ERPs to reduce IT dependence. Pando applies algorithms and machine learning to predict supply chain events, detect anomalies, and match orders with suppliers, carriers and fulfillment strategies. Since the startup’s Series A in 2020, revenue has grown 8x and the number of customers has increased 5x, with marquee customers including P&G, J&J, Valvoline, Castrol, Cummins, Siemens, Danaher and Accuride. The company plans to use new capital to expand global sales, marketing and delivery capabilities while not expanding into new industries or adjacent product areas, and it is open to strategic partnerships and acquisitions. Leadership says Pando has a strong balance sheet and profit and loss statement and is scaling operations in North America, Europe and India with an eye on profitable growth. Pando provides an enterprise-grade platform to digitise, monitor, and optimise supply‑chain and freight management, connecting shippers to logistics vendors and aggregators for seamless transactions. The product is built to be intelligent, predictive and scalable, improving network visibility and SLA adherence. Pando counts clients such as Philips, Marico, and Britannia and has become indispensable to marquee customers shortly after adoption. The company plans to scale into select international markets and invest in technology and talent while enhancing transaction capabilities with vendor partners. Founded in 2017 and based in Chennai, Pando aims to deepen its network offering in India while replicating its success in markets with fragmented supply.

Total raised
$39M
Funding rounds
2
Latest round
Series B
Latest activity
May 2023

Industries

  • Artificial Intelligence (AI)
  • Enterprise Software
  • Freight Service
  • Logistics
  • Supply Chain Management
  • Transportation
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Recent funding

  1. Series B

    May 2023

    $30M

  2. Series A

    Jan 2020

    $9M

Team