Pando
Date | Investors | Amount | Round |
---|---|---|---|
$2.0m | Seed | ||
$9.0m | Series A | ||
* | $30.0m | Series B | |
Total Funding | AUD63.4m |
Recent News about Pando
EditPando.ai operates in the supply chain management sector, providing a platform designed to enhance agility for manufacturers and retailers. The company focuses on integrating logistics data from multiple sources, enabling better visibility on ocean freight, improving rate management, and automating payment processes. By reconciling freight data accurately, Pando.ai helps its clients achieve significant cost savings and superior customer experiences. The business model revolves around a subscription-based service, where clients pay for access to the platform's features and capabilities. Pando.ai makes money through these subscriptions and potentially through additional service fees for premium features or custom solutions. The market it operates in includes large-scale manufacturers and retailers who require efficient and agile supply chain solutions to remain competitive. The company has been recognized by Gartner in the 2024 Magic Quadrant for Transportation Management Systems, highlighting its industry relevance and effectiveness.
Keywords: supply chain, logistics, data integration, cost savings, visibility, payment automation, rate management, manufacturers, retailers, agility.