Ridepanda

Ridepanda operates a micromobility subscription platform that companies offer to their employees as a commuter benefit. Employees browse a curated online catalog of pedal bikes, e-bikes and e-scooters from brands including Specialized, Cannondale, Brompton, Trek, Giant, VMAX and JackRabbit, and subscribe to a vehicle with plans starting at $45 per month. Each subscription bundles theft coverage (with a $500 employee contribution), preventative maintenance tune-ups and labor for repairs, accessories, and a welcome kit.

On the employer side, Ridepanda sets up a customized sign-up site for each organization and lets the company either subsidize subscriptions directly through the platform or reimburse employees independently. Employers receive an insights dashboard covering vehicle usage and CO2 offset, data export for individual subscriptions, monthly payments and ride statistics, a customizable marketing kit, and onsite test-ride and sign-up events. Vehicles are delivered pro-built by a Ridepanda representative who provides safe-riding guidance, and physical service locations branded PandaHubs staffed by mechanics handle test rides, maintenance and rider guidance.

Business model

Ridepanda sells subscriptions on bikes, e-bikes and e-scooters distributed through employers, which can subsidize the monthly cost via the platform or reimburse employees separately. Subscriptions bundle the vehicle with theft coverage, maintenance and accessories, and the company also operates PandaHub service locations.

Recurring monthly subscription fees per vehicle, starting at $45 per month, paid with or without an employer subsidy.