Pooling Upside in Baseball and Business with Pando Pooling Upside in Baseball and Business with Pando. Why, then, do we see this behavior with entrepreneurs, business professionals and athletes? Started by two graduates from Stanford Graduate School of Business, Charlie Olson and Eric Lax, the company's unique name is derived from a collection of aspen trees in Utah, which share one massive underground root system. The round was led by Core Innovation Capital and included participation from Pear VC, Avalon Ventures, Ulu Ventures, Nimble Ventures, Stanford StartX Fund, WTI and Slow VC. The round was led by Core Innovation Capital and included participation from Pear VC, Avalon Ventures, Ulu Ventures, Nimble Ventures, Stanford StartX Fund, WTI and Slow VC. We also use them to … The product is built in a way to be intelligent, predictive and scalable thus helping companies control fragmented, multi-tiered logistics ecosystems from a single screen. Ltd., Cambrex Corp., Cipla Inc., Among Others to Contribute for the Market Growth, Apollo-led group to buy stake in AB InBev's U.S. can plants for $3 billion. Article Comments (0) FREE Breaking News Alerts from StreetInsider.com! This is Next47's first investment in India. Pando offers a unique product for those who want to take greater control over their career outcomes by incorporating the tried-and-true benefits of diversification. 6,651. Pando does always reinforce its commitment with his customers and with the environment, bringing in new high-efficient and low-consume features. Since its founding, Pando has focused on serving professional athletes, specifically professional baseball players. Founded in 2017, Pando has the likes of Philips, Marico, and Britannia as its clients. The round was led by Core Innovation Capital and included participation from Pear VC, Avalon Ventures, Ulu Ventures, Nimble Ventures, Stanford StartX Fund, WTI and Slow VC. Networked logistics management software startup Pando has raised Rs 64 crore in a Series A funding round led by Chiratae Ventures. "We built a financial tool for an economy that's increasingly characterized by winner-take-most professions," says CEO Charlie Olson. In commenting on the capital raise, Pando board member and Managing Partner of Core Innovation Capital, Kat Utecht, said, "Unfortunately, as we're experiencing most acutely in our current environment, there's an element of career volatility that is systemic and beyond our control. We connect individuals with similar expected earnings and provide tools for them to pool a fraction of their future income — delivering both risk mitigation and the ability to capture upside potential. By continuing to use our service, you agree to our use of cookies. Listen now (34 min) | Hi all, Charlie Olson is the Co-Founder and CEO of Pando, a Series A stage fintech designing new ways for high financial variability performers to manage financial risk and upside. SAN FRANCISCO, June 9, 2020 /PRNewswire/ -- Pando (303 Holdings, Inc.), a technology company delivering a new way to manage career risk, announced today that it raised over $8 million in Series A funding. We were fortunate to partner early with Nitin and Abhijeet in their journey and welcome our new partners on this new phase of the company’s growth.”. Pando’s platform allows professional baseball players and more recently business school graduates to pool future earnings potential in ways that smooth income volatility for … Chennai logistics startup Pando raised the Series A funding in a round led by Chiratae Ventures, which also saw participation from Siemens-backed Next47 and existing investor Nexus Venture Partners. The round was led by Core Innovation Capital and included participation from Pear VC, Avalon Ventures, Ulu Ventures, Nimble Ventures, Stanford StartX Fund, WTI and Slow VC. By means of this same commitment with the environment protection, PANDO is been granted the ISO 14001:2015 Standard , meeting with the requirements of our own Environment Management System. Jul 22, 2020 Charlie Olson is the Co-Founder and CEO of Pando, a Series A stage fintech designing new ways for high financial variability performers to manage financial risk and upside. July 22, 2020 35 min. In hindsight it seems obvious to give high volatility careers a safety net, but the devil is in the details with contract terms and the determination of who is in the pools of risk vital for their success. Pando is a technology company providing a platform to empower people in high volatility careers to control their future earnings. The team is looking to scale into international markets and invest in technology and talent. – (Business Wire) – 303 Holdings, Inc., Pando (pandopooling.com), a technology company delivering a new way to manage career risk, announced today that it raised over $8 million in Series A funding. Pando has created a novel financial tool for those looking to control career risk. "We built a financial tool for an economy that's increasingly characterized by winner-take-most professions," says CEO Charlie Olson. I can't think of another product that allows you to share in the upside of people you believe in, spread personal risk, and boost community support. Pando (303 Holdings, Inc.), a technology company focused on managing career risk, raised over $8m in Series A funding. In a press release, Lak Ananth, Managing Director, Next47, stated. Find your income pool today. COUP 2. www.pandopooling.com. It’s Official: Pando Closes on a Series A with Tier A investors This week, we were delighted to announce that we have closed on $8 million+ in Series A funding. Business. Pooling Upside in Baseball and Business with Pando. Sandeep Singhal, MD and Co-Founder, Nexus Venture Partners, added, “Pando is competing with and winning against global giants in the enterprise freight management market by improving network visibility, ensuring higher SLA adherence, and reducing system level capital needs. Pando is an innovative new income pooling solution that allows people in high volatility careers to pool their career risk. Pando offers a unique product for those who want to take greater control over their career outcomes by incorporating the tried-and-true benefits of diversification. The solution is called pooling. Pooling enables a group of individuals to come together and contractually pledge a small portion of future earnings – above a hurdle – to a shared pool. Total pool distributions are distributed equally. But recently, she’s been pouring more time into a new site, Chairman Mom. Pando offers a unique product for those who want to take greater control over their career outcomes by incorporating the tried-and-true benefits of diversification. Download (MP3) Charlie Olson is the Co-Founder and CEO of Pando, a Series A stage fintech designing new ways for high financial variability performers to manage financial risk and upside. The solution is called pooling. Palo Alto, California, United States. For those interested in what goes into building an emerging company, the Ambassador Program gives you the opportunity to experience working with a high-growth Series A startup and participate in Pando's journey. When personal or societal crises occur, our instinct is to lean on community and those we believe in most. Pando is backed by Core Innovation Capital, Pear VC, Avalon Ventures, Ulu Ventures, Nimble Ventures, Stanford StartX Fund, WTI and Slow VC. With this fund raise the total funding raised by the company is now at Rs 80 crore. 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Speaking of the funding, TC Meenakshisundaram, Founder MD, Chiratae Ventures, said: The Pando Enterprise suite is built to help enterprises of all sizes digitise, monitor, and optimise supply-chain operations. Currently targeting only entrepreneurs and professional baseball players, Pando Pooling ultimately wants to expand into other industries. 11-50. The company raised $8M in Series A round on June 09, 2020. E-mail Address. Co-founder Eric Lax added, "You will not see any venture capital firms touting a single investment as their portfolio strategy. SAN FRANCISCO, June 9, 2020 /PRNewswire/ -- Pando (303 Holdings, Inc.), a technology company delivering a new way to manage career risk, announced today that it raised over $8 million Nitin Jayakrishnan, Co-founder and CEO of Pando, said, Nitin Jayakrishnan and Abhijeet Manohar, Founders of Pando. Pando is using the proceeds to build on its success serving professional athletes and develop offerings for entrepreneurs, MBA students and business professionals. Stockhouse.com use cookies on this site. The round was led by Core … This tree colony is considered one of the oldest living organisms on Earth. Pando offers a unique product for those who want to take greater control over their career outcomes by incorporating the tried-and-true benefits of diversification. Since inception, Pando has signed hundreds of professional athletes into income pools and has raised a Series A from top fintech investors. Chennai logistics startup Pando raised the Series A funding in a round led by Chiratae Ventures, which also saw participation from Siemens-backed Next47 and existing investor Nexus Venture Partners.
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