Panjo operates a mobile-optimized, community-based marketplace that helps auto, sport and hobby enthusiasts discover, buy and sell rare goods. The platform powers dozens of community marketplaces for partners in categories including cars, sports and collectibles. Panjo has opened its platform to community groups, clubs and publishers to launch peer-to-peer, mobile-optimized marketplaces. The company intends to use the new funding to expand the team and continue releasing features that reduce transaction costs for buyers and sellers. Panjo is based in Santa Monica, CA and was founded by Chad Billmyer, Juan Vasconez and Tom Gerken. The company has raised $6.7m in total. Panjo is a Santa Monica, CA-based online marketplace serving auto, sport and hobby enthusiasts. The platform provides tools to discover, start, manage, promote and process payments for peer-to-peer sales, aiming to reduce fraud, failed sales and cluttered classifieds. Panjo's offerings increase transaction security and reduce administrative overhead for buyers and sellers. The company intends to use the $1.6M seed funding to grow the marketplace and partner network, build a mobile app and create a distribution network for members to share listings with non-members. Panjo was founded by Chad Billmyer, Juan Vasconez and Tom Gerken and is an alumnus of the Santa Monica accelerator MuckerLab.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2015