Pando
Pando sells AI-powered logistics software that helps enterprises manage transportation across domestic and international operations. The Chicago-based company has raised $41M, most recently in a Series B round in May 2023, and employs 154 people. Pando’s platform integrates transportation management functions from procurement to payments, using AI to analyze shipment data and provide insights. Unlike traditional systems that just record data, Pando’s software aims to intelligently optimize logistics operations in real time. The company has grown steadily since its 2018 founding, reaching 154 employees. Its $41M Series B suggests strong investor confidence, with backers including Chiratae Ventures and Girish Mathrubootham. Pando’s focus on AI-driven logistics optimization positions it in a competitive but rapidly evolving enterprise software market.
The growth story
Pando grew from 113 to 154 employees between 2021 and 2026, raising $41M along the way, most recently a Series B in May 2023.
About
Pando is an AI-powered logistics orchestration platform for enterprises where supply chains need to think, decide, and act.At its core, Pando is a deeply integrated Transportation Management System spanning domestic and international operations from procurement and planning to audit and payments. Unlike traditional TMS platforms that act as systems of record, Pando operates as a system of intelligence.Every shipment, rate, contract, and exception feeds into Pando’s Knowledge Graph creating a real-time, contextual view of the network. This enables AI that goes beyond automation to reason across planning and execution.Built on this foundation, Pando’s AI agents are purpose-built for:Insights,
Founders and leadership
Engineering is Pando’s largest function, with 48 employees. The company’s leadership includes founders with backgrounds in logistics and enterprise software, supported by investors with deep industry expertise.
The Pando org chart
Badri Setlur (Chief Executive Officer - TMS Business) leads 32 mapped leaders with 1 direct report. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 46 (-45% YoY), Information Technology 14 (-22% YoY), Operations 11 (-8% YoY), Consulting 11 (-21% YoY), Product Management 9 (-36% YoY), Sales 8 (-11% YoY).
Talent flow
Pando recruits heavily from logistics and tech firms, with Freight Tiger, Delhivery, and Dalet Flex being top talent sources. Its employees often move to companies like Freehand, Cognizant, and Freshworks. Many staff studied at SRM University and Loyola-ICAM College of Engineering and Technology.
Most common previous employers of Pando staff: Freight Tiger (5), Delhivery (4), Dalet Flex (4), Wipro (3), HCLTech (3), Tata Consultancy Services (3). Former Pando employees most often moved to Freehand (29), Cognizant (4), Freshworks (4), Salesforce (3), Blue Yonder (3), Rocketlane (3).
Alumni worth knowing
The Pando mafia
Pando alumni have founded 12 companies, including Scrut Automation (237 staff) and Freehand (137 staff). These startups span logistics, automation, and enterprise software, reflecting Pando’s industry focus.
15Aayush Ghosh Choudhury, was Growth until 2020Nitin Jayakrishnan, was Co-Founder, Board Member until 2023Abhijeet Manohar, was Co-Founder, CTO until 2026Gaurav Pansari, was Director - Value Delivery until 2022Aneesh Aanand, was Supply Chain Transformation Advisor until 2024Rakesh Kr. Prusty, was BDE - GTM | North America until 2026
Manognya Gattereddi, was BDE - GTM | North America until 2026
Arnav Trikha, was BDE - GTM | North America until 2026
Maharaja Subramanian, was Talent Acquisition Lead until 2022
Maithreye Murali, was Engagement Manager until 2019
Preetam Gupta, was Director - Global Enterprise Business until 2024
Akhil Singh, was Product & Engineering Manager until 2017
Shruthi Rajaram, was Value Discovery & Growth until 2021
Pankajj Kumar Asnani, was Supply Chain Transformation Advisor until 2024
Sanjana Balaraman, was Content Marketing Manager until 2023Web traffic
Traffic mix: 48% direct, 23% search, 3% social, 2% paid.
What this company is made of
Most common skills at Pando: Microsoft Office (47), Microsoft Excel (43), HTML (41), MongoDB (37), SQL (37), Analytical Skills (36), Communication (31), Leadership (31).
Where the team actually sits
Pando people are concentrated in Tamil Nadu, India (64), Maharashtra, India (6), Karnataka, India (5), Greater Chennai Area (5).
Search footprint
Pando attracts about 8 organic search visits a month, traffic worth roughly $1K a month if bought through ads. It gained 9 ranking keywords and lost 5 in the last period.
What employees say
- Compensation
- 3.80 / 5
- Career opportunities
- 4.30 / 5
- Senior management
- 4.20 / 5
- Work-life balance
- 4.10 / 5
Frequently asked
Pando has 154 employees as of September 2026.
Pando has raised $41M in total, most recently a Series B round in May 2023.
Badri Setlur (Chief Executive Officer - TMS Business) sits at the top of Pando's reporting structure, with 1 direct report.
The most common previous employers of current Pando staff are Freight Tiger (5 people), Delhivery (4 people), Dalet Flex (4 people).
Former Pando employees most often move to Freehand (29), Cognizant (4), Freshworks (4).
At least 12 companies have a founder who previously worked at Pando, including Scrut Automation, Freehand, SignalsHQ.
Pando attracts about 8 organic search visits a month, worth roughly $1K a month in equivalent ad spend.
The most common skills among Pando staff are Microsoft Office, Microsoft Excel, HTML, MongoDB, SQL.
Pando staff are concentrated in Tamil Nadu, India (64), Maharashtra, India (6), Karnataka, India (5).
Pando has about 46 people in Engineering, down 45% over the past year, as of September 2026.
Pando has about 14 people in Information Technology, down 22% over the past year, as of September 2026.
Computed from 97 current and 278 former Pando profiles, as of September 2026. Source: Crustdata.
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