# Panda AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/panda-ai

- Industry: Software
- Headquarters: Seattle, US
- Website: www.getpanda.ai
- Total disclosed funding: $3.3M
- Latest round: Seed (Aug 18, 2020)
- Investors on record: 3

## About

Panda AI specializes in AI-driven solutions that enhance operational efficiency and decision-making processes for businesses across various sectors, including finance and healthcare.Founded in 2020, Panda AI is based in Seattle, US. The company provides advanced analytics platforms that utilize machine learning algorithms to derive actionable insights from large datasets. In August 2020, Panda AI raised USD 3.3 mn in Seed funding, attracting investments from the Allen Institute for Artificial Intelligence, Ascend Venture Capital, and Pioneer Square Labs. The company was established by Aaron Goldfeder, Yue Ning, and Zaitsev Aleksandr, with Aaron Goldfeder serving as CEO.Panda AI offers innovative AI-driven solutions aimed at streamlining processes and improving decision-making across various industries. Their flagship product is an advanced analytics platform that integrates machine learning algorithms to deliver actionable insights, facilitating strategic planning and operational efficiency for mid to large-sized enterprises. The platform addresses critical use cases such as predictive analytics, risk assessment, and resource optimization, with a client base that includes major players in the tech and finance sectors. Panda AI's products are marketed and utilized in North America, Europe, and parts of Asia.Panda AI generates revenue through a subscription-based model, offering tiered pricing plans tailored to diverse customer segments. This model ensures that clients, ranging from small businesses to large enterprises, can access the company's AI platform. Contracts are typically annual, including ongoing support and software updates. The company's partnerships with industry-specific consultants enhance service delivery and customer engagement, contributing to a stable revenue stream from both new client acquisitions and renewals of existing subscriptions.Panda AI plans to leverage recent funding to further develop its product offerings and expand into new markets. The company is working on launching additional features for its analytics platform, aiming for release in 2021. Plans for geographic expansion include targeting markets in Europe and Asia by the end of 2022, seeking to establish a stronger presence in these regions. The USD 3.3 mn raised in Seed funding will be allocated towards product development, marketing efforts, and broadening their client reach.

## Funding rounds

- Seed, Aug 18, 2020, $3.3M — Allen Institute for Artificial Intelligence, Pioneer Square Labs, Ascend

## Investors

- Allen Institute for Artificial Intelligence — Seed
- Pioneer Square Labs (https://capitalatlas.ai/funds/pioneer-square-labs) — Seed
- Ascend — Seed