Pando Electric

About Pando Electric

Pando Electric provides a scalable electric vehicle charging solution for multifamily and commercial properties, utilizing compact NEMA 14-50 outlets and Adaptive Load Management to optimize energy distribution. This system reduces installation costs by leveraging existing electrical infrastructure while enhancing property value and tenant satisfaction through reliable, high-power charging capabilities.

```xml <problem> Multifamily and commercial properties face challenges in providing sufficient EV charging infrastructure for residents and tenants due to high installation costs and electrical grid limitations. Traditional EV charging solutions often require extensive electrical upgrades and can lead to overloaded circuits, resulting in unreliable charging and increased operational expenses. </problem> <solution> Pando Electric offers a scalable and cost-effective EV charging solution designed for multifamily and commercial buildings. Utilizing standard NEMA 14-50 outlets and Adaptive Load Management (ALM) technology, Pando optimizes energy distribution to maximize the number of charging stations without requiring costly electrical infrastructure upgrades. The system allows property owners to set custom $/kWh rates, ensuring a positive Net Operating Income (NOI) while providing reliable, high-power (9.6 kW) charging for EV drivers. Pando's solution includes a mobile app and dashboard for easy management, real-time status updates, and automated billing, creating a seamless experience for both property managers and EV owners. </solution> <features> - NEMA 14-50 universal outlets compatible with most EV models and charging adapters - Adaptive Load Management (ALM) dynamically distributes power to prevent overloading and maximize charging capacity - Local wireless mesh networking ensures uninterrupted communication between chargers, even without internet access - Mobile app for EV drivers to monitor charging status, make payments, and manage their accounts - Web dashboard for property managers to set kWh rates, manage users, and track energy consumption - Turnkey solution including site design, installation, and ongoing support - Built-in GFCI protection for safe and compliant charging - Durable design engineered for 40 years of dependable performance </features> <target_audience> Pando Electric targets multifamily property owners, commercial building managers, and electrical contractors seeking affordable, scalable, and easy-to-manage EV charging solutions. </target_audience> ```

What does Pando Electric do?

Pando Electric provides a scalable electric vehicle charging solution for multifamily and commercial properties, utilizing compact NEMA 14-50 outlets and Adaptive Load Management to optimize energy distribution. This system reduces installation costs by leveraging existing electrical infrastructure while enhancing property value and tenant satisfaction through reliable, high-power charging capabilities.

Where is Pando Electric located?

Pando Electric is based in Sunnyvale, United States.

When was Pando Electric founded?

Pando Electric was founded in 2023.

How much funding has Pando Electric raised?

Pando Electric has raised 7450000.

Location
Sunnyvale, United States
Founded
2023
Funding
7450000
Employees
22 employees
Major Investors
UpHonest Capital
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Pando Electric

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Pando Electric provides a scalable electric vehicle charging solution for multifamily and commercial properties, utilizing compact NEMA 14-50 outlets and Adaptive Load Management to optimize energy distribution. This system reduces installation costs by leveraging existing electrical infrastructure while enhancing property value and tenant satisfaction through reliable, high-power charging capabilities.

pandoelectric.com1K+
cb
Crunchbase
Founded 2023Sunnyvale, United States

Funding

$

Estimated Funding

$7.5M+

Major Investors

UpHonest Capital

Team (20+)

Mrukant Popat

CTO

Peter Yaskowitz

Chief Marketing Officer

Sean Wright

Technology, Transformation/Product Leader

Company Description

Problem

Multifamily and commercial properties face challenges in providing sufficient EV charging infrastructure for residents and tenants due to high installation costs and electrical grid limitations. Traditional EV charging solutions often require extensive electrical upgrades and can lead to overloaded circuits, resulting in unreliable charging and increased operational expenses.

Solution

Pando Electric offers a scalable and cost-effective EV charging solution designed for multifamily and commercial buildings. Utilizing standard NEMA 14-50 outlets and Adaptive Load Management (ALM) technology, Pando optimizes energy distribution to maximize the number of charging stations without requiring costly electrical infrastructure upgrades. The system allows property owners to set custom $/kWh rates, ensuring a positive Net Operating Income (NOI) while providing reliable, high-power (9.6 kW) charging for EV drivers. Pando's solution includes a mobile app and dashboard for easy management, real-time status updates, and automated billing, creating a seamless experience for both property managers and EV owners.

Features

NEMA 14-50 universal outlets compatible with most EV models and charging adapters

Adaptive Load Management (ALM) dynamically distributes power to prevent overloading and maximize charging capacity

Local wireless mesh networking ensures uninterrupted communication between chargers, even without internet access

Mobile app for EV drivers to monitor charging status, make payments, and manage their accounts

Web dashboard for property managers to set kWh rates, manage users, and track energy consumption

Turnkey solution including site design, installation, and ongoing support

Built-in GFCI protection for safe and compliant charging

Durable design engineered for 40 years of dependable performance

Target Audience

Pando Electric targets multifamily property owners, commercial building managers, and electrical contractors seeking affordable, scalable, and easy-to-manage EV charging solutions.

Pando Electric - Funding: $7M+ | StartupSeeker