Ridepanda operates a micro-mobility subscription platform offering employees access to e-bikes and e-scooters through corporate benefits programs. The service includes vehicle selection, maintenance, theft insurance, and reporting dashboards for employers to track ESG goals. This platform facilitates cleaner, faster commutes while enhancing employee wellness and retention.
Funding
$21.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Many commuters rely on personal vehicles for short trips, contributing to traffic congestion, carbon emissions, and limited parking availability, especially in urban areas. Employees often lack convenient and affordable access to alternative transportation options that promote health and environmental sustainability.
Solution
Ridepanda provides employer-sponsored micromobility subscriptions, offering employees access to a diverse range of pedal bikes, e-bikes, and e-scooters from various brands. The subscription model shifts commutes away from personal car use, reducing carbon emissions and promoting healthier lifestyles. Ridepanda handles vehicle selection, maintenance, theft insurance, and provides accessories, simplifying the process for both employers and employees. Companies can integrate Ridepanda into their benefits programs, offering subsidized subscriptions or reimbursements, while gaining insights into employee usage and environmental impact through a dedicated dashboard.
Target Audience
Ridepanda targets companies of all sizes looking to offer sustainable and healthy commuting options to their employees as part of their benefits package.
Features
- Wide selection of pedal bikes, e-bikes, and e-scooters from top brands like Giant, Segway, Diamondback, and Momentum.
- Subscription model includes theft insurance with a $500 deductible, maintenance, and service.
- Accessories and a welcome kit are provided with each vehicle.
- Online catalog with a customized sign-up site for employees.
- Employer dashboard to track vehicle usage, CO2 offset, and generate reports.
- Onsite test-ride events to promote the benefit and match employees with the right vehicle.
- Integration with existing commute or wellness benefit programs.