Ridepanda Raises $12.6M in Growth Equity and Debt Financing

Why It Matters

The infusion of growth capital positions Ridepanda to capture a larger share of the emerging corporate mobility market, where employers are increasingly offering sustainable commuting options, and signals strong investor confidence in e‑bike leasing as a scalable employee benefit.

Deal Summary

Ridepanda, a NYC-based e-bikes-as-employee-benefit platform, raised $12.6M in a financing round anchored by Bikeleasing Group with participation from Blackhorn Ventures, Yamaha Motor Ventures, Proeza Ventures, Somersault Ventures, Oyster Ventures, CSC Leasing and Camber Road. The funds will support the company’s growth initiatives and operations.