Ridepanda Secures New Investment To Bring E-Bike Benefits To Enterprise Partners And Their Employees

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Co-founded by Chinmay Malaviya and Charlie Depman in 2020, Ridepanda provides enterprise partner companies with a turnkey platform for employees, offering monthly subscriptions to a broad selection of e-bikes and scooters, subsidized through their benefits package. Ridepanda is on a mission to help public agencies and enterprises improve the physical health and mental wellbeing of people, while creating more efficient cities that run on small, quiet, eco-friendly electric vehicles. Through its Panda Hubs operating in Seattle, San Francisco and New York, Ridepanda offers personalized customer support and vehicle service. Ridepanda partners, like Amazon, Google, Goodwin Law, and the County of San Mateo, benefit through improved employee wellness and retention, a more positive post-Covid return to work and a reduction in drive alone rates, and ESG reporting. The company is backed by investors including Blackhorn Ventures, Yamaha Motor Ventures, Porsche Ventures, Proeza Ventures, General Catalyst, Moving Capital, Alumni Ventures Group, Lorimer Ventures, Oyster Ventures, 0 Ventures, Dreamers VC and Lime’s Co-Founder, Toby Sun. For more information, please visit www.ridepanda.com.