# PandoMedia

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.pando.com
- Total disclosed funding: $3.7M
- Latest round: Series A (Feb 17, 2014)
- Investors on record: 14

## About

PandoMedia Inc. specializes in performance management solutions, offering a suite of tools designed to enhance employee career progression and optimize organizational performance through structured feedback and goal setting.PandoMedia Inc. was founded in 2012 and is headquartered in San Francisco, US. The company focuses on developing a performance management platform that facilitates continuous improvement and feedback within organizations. Barbra Gago, the founder and current CEO, has a history of involvement in the tech industry, although details of prior ventures are not specified. To date, Pando has completed 4 deals, the most recent funding round occurred on April 29, 2022, where the company raised USD 6.9 mn in a venture funding round led by Craft Ventures, with participation from Correlation Ventures, Global Founders Capital, and Lerer Hippeau Ventures. This funding round represents the total amount raised by the company.Pando offers a comprehensive suite of tools aimed at enhancing career progression and performance management within organizations. Their core product is a just-in-time career progression platform that facilitates structured, objective, and continuous feedback, goal setting, and career development. This platform is designed to accelerate employee ramp time and drive business impact by fostering a culture of outperformance while minimizing bias in performance evaluations. Key features include employee-triggered short-form assessments, templatized career check-ins, competency-based feedback, and real-time calibrations, enabling managers to be more effective coaches. Pando serves a diverse client base across various sectors, primarily targeting mid to large-sized enterprises in North America and Europe seeking to enhance their talent development strategies.Pando's revenue model is based on a subscription system where organizations pay for access to its performance management platform, which includes various features such as feedback tools, goal tracking, and insights. This model caters to businesses looking to integrate Pando’s offerings into their existing workflow without the need for traditional performance review cycles. Clients typically enter into annual agreements, ensuring continuous access to the platform for real-time tracking of employee performance and career progression. Specific pricing details for individual services have not been disclosed, but revenue generation primarily comes from B2B transactions as clients leverage Pando's technology to foster high performance within their teams.In April 2022, PandoMedia Inc. raised USD 6.9 mn in funding, which will be used to expand the engineering team and build out the go-to-market function to drive customer acquisition. The company plans to enhance its product offerings, focusing on new features that are currently in development. Additionally, Pando is targeting expansion into new markets, particularly in Europe, by the end of 2023, aiming to increase its client base and enhance market presence.

## Funding rounds

- Series A, Feb 17, 2014, $1.2M — Accel, Founders Fund, Lamp Post Group, VTF Capital, Omidyar Network, Chattanooga Renaissance Fund, Base Ventures, Jumpstart Health Investors
- Seed, Jan 16, 2012, $2.5M — Accel, Menlo Ventures, Greylock Partners, SV Angel, Lerer Hippeau Ventures, Tuesday Capital, Ooga Labs

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Lerer Hippeau Ventures — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- Ooga Labs — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Lamp Post Group (https://capitalatlas.ai/funds/lamp-post-group) — Series A
- VTF Capital (https://capitalatlas.ai/funds/vtf-capital) — Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- Chattanooga Renaissance Fund (https://capitalatlas.ai/funds/chattanooga-renaissance-fund) — Series A
- Base Ventures (https://capitalatlas.ai/funds/base-ventures) — Series A
- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Series A