Ridepanda operates an e-bikes-as-an-employee-benefit platform that enables companies to subsidize electric bike and scooter subscriptions for their workforce. Founded in 2020 by Chinmay Malaviya and Charlie Depman, the company targets enterprise customers seeking to boost wellness, retention, and ESG performance. Employees access a curated fleet of e-bikes and scooters through monthly subscriptions, while employers track impact metrics such as reduced single-occupancy car trips. Ridepanda more than doubled its business in 2025 and now serves high-profile organizations including Amazon, Google, Goodwin Law, and the County of San Mateo. The platform positions the firm as a U.S. leader in micromobility benefits. With fresh capital, management plans to expand its enterprise sales team, speed product development, and further scale the service. No specific revenue or user figures were disclosed, but the rapid growth and marquee client list highlight strong commercial traction.

Total raised

$24M

Funding rounds

6

Latest round

Equity

Latest activity

Oct 2025