Pandatron (Panda Training Oy) has developed a conversational AI coach to help change management executives in manufacturing and construction industries to support employee behavior, mindset, and culture change at scale.
Pandatron’s clients include the likes of Skanska, Electrolux, SAP.
Traction and Ask
With €150k net revenues, €2M worth of leads in 2022 and a €8M pre-money valuation, Pandatron is looking to raise €500k pre-seed funding and gain valuable expertise related to scaling the company, business development, AI, or change management from investors. The investment is needed to:
- Deliver on large scale (500+ employees) projects with BCG, Electrolux, Wilo, etc Pandatron acquired after the release of ChatGPT.
- Hire 1 top generative AI engineer and 1 experienced corporate sales person.
Market, Business Model, Financials and Team
In a global change management market worth €333B (+14% CARG/Year), Pandatron was founded in 2016 in Helsinki, Finland.
Pandatron is monetizing mainly through annual SaaS charged to corporations in manufacturing and construction industries. Revenue growth is projected at 3.3X YoY, reaching €500k by Q4 2024.
Pandatron team of 10 (4 co-founders and 6 employees) combines 100+ years of commercial, management consulting and AI technology expertise.
Competitive Advantage
Key USPs versus competitors like CoachHub, Adeption, Fingerprint for Success are: scalability with AI versus human coaches, 3 years’ worth of coaching data, change management focus, integrations into Teams and Slack, and data and insight collection that replaces HR surveys.
Round Details
Pandatron has already invested €50K of its own capital and raised €700K in private capital, loans and grants from Business Finland, early-stage VCs, and business angels to develop its MVP, which means that, after this investment round is secured, Pandatron is fully ready for international commercial uptake.
We aim to close this seed round by 31 March 2023, with some minority investors already committed to join with €100K. €25K is the minimum investment ticket size.
Dima Syrotkin 🇺🇦 (Co-Founder, CEO) and the other founders are speaking with potential investors over the next few weeks and are keen to pitch, demo and open up their traction and financial plans in detail.
Get in touch with us to find out more.