When was Pando founded?

Pando was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Pando located?

Pando is headquartered in Chicago, United States. It is registered at Shaver Lake, California.

Who is the current CEO of Pando?

Nitin Jayakrishnan of Pando. They have also founded 1 company.

Which legal entities is Pando associated with?

Pando is associated with PANDOCORP PRIVATE LIMITED and 2 others.

How many employees does Pando have?

As of Jun 30, 2026, the latest employee count at Pando is 172.

Is Pando a funded company?

Pando is a funded company, having raised a total of $45M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 16, 2018.

How much is Pando worth?

The latest valuation of Pando is ₹***** as of Sep 30, 2021.

When was the latest funding round of Pando?

Pando's latest funding was a $***** Series B round on May 03, 2023, with participation from 11 investors.

What is the annual revenue of Pando?

Annual revenue of Pando is less than ₹10 Cr as on Mar 31, 2025

Where does Pando rank among its competitors?

Pando ranks 22nd amongst 1663 active competitors, of which 128 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Einride, which secured $113M in Feb, 2026.

Who are the top competitors of Pando?

Pando's top competitors include Einride, Ripplr and Turvo. Among them, Einride secured the most recent funding round in February, 2026.

Pando - 2026 Company Profile, Team, Funding, Competitors & Financials

Pando is a series B company based in Chicago (United States), founded in 2018 by Abhijeet Manohar, Nitin Jayakrishnan and Abhijeet Manohar. It operates as a Developer of an AI-powered logistics orchestration platform. Pando has raised $45M in funding from investors like Nexus Venture Partners, Trifecta Capital and Iron Pillar, with a current valuation of ₹*****. The company has 1663 active competitors, including 128 funded and 127 that have exited. Its top competitors include companies like Einride, Ripplr and Turvo.

Company Details

Developer of an AI-powered logistics orchestration platform. The platform automates freight procurement, dispatch, and audit processes across multiple transportation modes. It provides tools for contract management, carrier coordination, and invoice reconciliation to facilitate supply chain operations. The platform optimizes and automates freight sourcing, transportation planning and execution, freight audits, and payment for manufacturers, distributors, and retailers. It provides a unified TMS for enterprises to manage domestic, international, and EXIM shipments.

Website: pando.ai
Social
Registered Address: Shaver Lake, California

Key Metrics

Founded Year

2018

Location

Chicago, United States

Stage

Series B

Total Funding

$45M in 5 rounds

Latest Funding Round

Series B, May 03, 2023, $*****

Post Money Valuation

₹***** as on Sep 30, 2021

Investors

Nexus Venture Partners & 34 more

Ranked

22^nd among 1663 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

172 as on Jun 30, 2026

Similar Companies

Ripplr & 660 more

View Pando's full profile

Pando is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QUAKING ASPEN, INC. CIN: 820953099 , United States, Active	Dec 31, 1999	₹10 - ₹50 Cr (As on Mar 31, 2022)	2 (As on Dec 31, 2023)	-
PANDOCORP PRIVATE LIMITED CIN: U63000TN2015PTC101584 , India, Active	Jul 29, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	167 (As on Jul 01, 2022)
Quaking Aspen Inc. CIN: 10559598 , Canada, Active	Dec 28, 2017	-	-	-

Pando has raised a total funding of $45M over 5 rounds. Its first funding round was on Apr 16, 2018. Its latest funding round was a Series B round on May 03, 2023 for $*****. 11 investors participated in its latest round. Pando has 7 institutional investors and 28 angel investors.

Here is the list of recent funding rounds of Pando:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 03, 2023	2083480	Series B	3829532	6451967	5614915	2989205
Sep 30, 2021	1246666	Series A	4331710	2933836	5613322	9613489
Jan 13, 2020	7656211	Series A	2401427	3247279	Chiratae Ventures	Ramkumar Narayanan & 5 more

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View details of Pando's funding rounds and investors

The founders of Pando are Abhijeet Manohar, Nitin Jayakrishnan and Abhijeet Manohar. Nitin Jayakrishnan is the CEO of Pando.

Here are the details of Pando's key team members:

Abhijeet Manohar: Former Co-Founder of Pando and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Nitin Jayakrishnan: Co-Founder & CEO of Pando. They serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Abhijeet Manohar: Co-Founder & CTO of Pando.
Contact Info: 1 email address

Pando's Board of Directors

Pando's board has 2 active members. Nitin Jayakrishnan is part of team and Jayakrishnan varadhan . is independent board member.

Here is the list of Pando's board of directors:

Name	Type	Representing	Status	Duration
urizlgq	Team	-	Past	4y 2m
Jayakrishnan varadhan .	Independent board member	-	Current	10y 11m

View details of Pando's Founder profiles and Board Members

Pando's employee count trend

Pando has 172 employees as of Jun 26. Here is Pando's employee count trend over the years:

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Top competitors of Pando include Einride, Ripplr and Turvo. Here is the list of Top 10 competitors of Pando, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Einride 2016, Stockholm (Sweden), Series E	Provider of electric and autonomous freight transportation solutions	$865M	Temasek, EQT & 37 others	74/100
2nd	Ripplr 2019, Bengaluru (India), Series C	Provider of distribution and logistics services for multiple industry verticals	$123M	Sojitz, 3one4 Capital & 45 others	72/100
3rd	Turvo 2014, San Mateo (United States), Acquired	Provider of a cloud and AI-based collaborative logistics platform	$85M	Mubadala, Activant Capital & 13 others	71/100
4th	Freight Tiger 2014, Mumbai (India), Acquired	Provider of a digital freight network and transportation management system	$57.7M	Tata Motors, Enam Holdings & 53 others	70/100
5th	Alvys 2020, Solana Beach (United States), Series B	Developer of transportation management system software for logistics operations	$77M	RTP Global, Bonfire Ventures & 3 others	63/100
6th	Traqo 2022, Gurugram (India), Seed	Offers cloud-enabled end-to-end supply chain and logistcis transportation management solutions	$998K	We Founder Circle, Kahu & 6 others	62/100
7th	McLeod Software 1985, Birmingham (United States), Unfunded	Provider of transportation management software solutions for carriers, brokers, 3PL providers, and shippers	-	-	62/100
8th	RoseRocket 2015, Toronto (Canada), Series B	Provider of cloud-based transportation management system	$69M	Scale Venture Partners, Funders-club.com ... & 12 others	62/100
9th	Shipwell 2016, Austin (United States), Series B	AI-powered TMS platform unifying supply chains for efficiency and visibility	$47.1M	Georgian, Fifth Wall & 9 others	61/100
10th	SuperProcure 2017, Kolkata (India), Seed	Cloud-based freight transportation management platform	$5.06M	Tradezeal International, Lumis Partners & 9 others	61/100
22nd	Pando 2018, Chicago (United States), Series B	Developer of an AI-powered logistics orchestration platform	$45M	Nexus Venture Partners, Trifecta Capital ... & 33 others	57/100

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Founders own 40.55%, Funds (largest shareholder) own 46.70%, Angels own 1.92% and Other People own 4.88%. The net worth of Pando's founders is INR 221Cr as of Sep 30, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	40.55%	221Cr	4496183	8966914	1465577	7959287
Nitin Jayakrishnan	2842570	9927233	2368098	4798933	7404757	6394195
Abhijeet Manohar	563486	465246	695604	943751	164296	467680
Fund	46.70%	254Cr	3242711	1415789	9471071	7236178
Nexus Venture Partners	6960348	1979895	1457992	3776913	2242751	5147426
Chiratae Ventures	5267986	9066229	5059617	8191681	2625601	7213966
Trifecta Capital	0	0	0	0	0	0
Angel	1.92%	10.5Cr	2	4	4	2
Saikiran Krishnamurthy	0	0	0	0	0	0
Other People	4.88%	26.6Cr	5604	1017	5121	3720
ESOP Pool	5.95%	32.4Cr	69153	26568	67139	29831
Total	100.00%	545Cr	1057339	4258531	5597596	3624475