What Pando Electric does

Pando Electric is a US-based, venture-backed company founded in 2023 and headquartered in San Jose, California, that designs, manufactures, and sells smart Level 2 EV charging hardware and software purpose-built for multifamily residential properties. Its core product, the Pando Gen 2 Smart Outlet, is a 9.6 kW NEMA 14-50 socket-based charger priced at $649, accompanied by the Pando+ modular charger ($999) that adds a swappable locking cable, and two bundled proprietary subsystems: Pando Canopy, a self-healing wireless mesh that eliminates dependency on WiFi or cellular networks, and Pando Pulse, a building energy management system that reallocates unused HVAC and elevator capacity to EV charging in real time. Daisy-chaining and adaptive load management allow up to 10x more chargers per electrical panel and reduce installation costs by 70% compared with traditional EVSE, claims supported by case-study economics across named deployments.

The company sells turnkey to multifamily property owners, property managers, and HOAs through a six-step enterprise field-sales motion (on-site assessment, contract, design, permitting, install, inspection) supplemented by a Pando Business Partnership channel that recruits electrical contractors, equipment resellers, proptech firms, and energy consultants, and by demand-generation partnerships with utilities such as Peninsula Clean Energy, Seattle City Light, and SFPUC. Revenue is generated through three streams: one-time hardware sales, a $20/month per-charger subscription covering software, monitoring, 24/7 support, and lifetime warranty, and usage-based billing at $0.09/kWh in which Pando acts as a submeter and reimburses properties monthly. The company holds CTEP, OCPP 2.0.1, UL, CSA, and Energy Star certifications, has raised approximately $10.6M across pre-seed, seed, and a California Energy Commission grant as of early 2025, and operates in California, Washington, and New York with a stated headcount of 11-50 employees.

Name

Pando Electric

Legal name

Pando Electric

Website

https://pandoelectric.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Pando Electric designs and manufactures smart Level 2 EV charging hardware and energy management software purpose-built for US multifamily residential properties, selling turnkey installations to property owners and managers through direct sales, partner channels, and utility incentive programs.

Ownership category

akta.pro rank

Product category

Multifamily EV Charging Infrastructure

NAICS

Current-Carrying Wiring Device Manufacturing (335931)

SIC

Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH)

akta.pro secondary industries

Managed EV Charging Software (Residential, Fleet, Workplace) (EUAFAMAA), Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF), EV Charger Smart Load Integration with HVAC/Electrical Systems (HSAOANAK)

Keywords

• Multifamily EV charging
• EV charging infrastructure
• Smart charging outlets
• Building energy management
• Level 2 EV chargers

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Hardware Sales: Pando generates revenue through direct sales of proprietary EV charging hardware including the Gen2 Smart Outlet ($649/unit) and Pando+ modular charger ($999/unit). Hardware is sold directly to property owners as part of a turnkey installation package that includes hardware, labor, permitting, and setup. Accessories (pedestals, weatherproof covers, communication packages, EV signs, portable charging cables) are available as add-on purchases.
2. Monthly Subscription: $20/month per charger subscription covers access to smart charging features, real-time monitoring, automatic updates, 24/7 driver support, and lifetime warranty. Ensures chargers stay connected, secure, and optimized with no hidden fees or long-term contracts.
3. Usage-Based Charging (kWh): 9 cents per kWh usage-based billing. Pando acts as a submeter, enabling property owners to bill residents at true utility rates. Pando's built-in energy monitoring system automates payments and reimburses properties monthly for resident charging usage. Property owners set kWh rates to ensure stations produce maximum returns.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Pando Electric designs, manufactures, and sells smart Level 2 EV charging outlets and a companion software/energy-management platform purpose-built for multifamily housing. The integrated offering combines the Gen 2 Smart Outlet ($649) and Pando+ modular charger ($999) with proprietary wireless mesh connectivity (Canopy), building energy management (Pulse), and a resident/property-manager app and dashboard that automates billing. The company delivers turnkey hardware-plus-installation services to property owners, HOAs, and commercial landlords.

Product overview

Pando Electric offers a modular platform-plus-ecosystem architecture for multifamily EV charging. The core product is the Pando Gen 2 Smart Outlet ($649), a 9.6 kW Level 2 charging outlet with built-in commercial-grade energy metering. This is complemented by the Pando+ Charger ($999), which adds modular cable functionality. The ecosystem includes Pando Canopy (wireless mesh connectivity), Pando Pulse (building energy management), and the Pando Mobile App and Dashboard software. All components are designed to work together as an integrated system, with adaptive load management and daisy-chaining reducing installation costs by up to 70%.

Differentiator

Problem solved

Functional benefit

Brands

• Pando Gen 2 Smart Outlet: Smart EV charging outlet for multifamily properties with tap-and-charge functionality, adaptive load management, and 40-year lifespan
• Pando+ Charger
• Pando Canopy
• Pando Pulse
• Pando App & Dashboard

Products and services

• Pando Gen 2 Smart Outlet The core Level 2 EV charging outlet purpose-built for multifamily properties. Delivers 9.6 kW power output with adaptive load management, operates without WiFi or cellular connectivity, and features tap-and-charge activation via smartphone, smartwatch, or building fob. Designed for 40-year lifespan with virtually zero maintenance and priced at $649 per outlet.
• Pando+ Modular Charger World's first modular EV charger built on the Gen2 platform. Adds a locking, replaceable cable to the smart outlet, enabling property staff or residents to swap damaged or stolen cables in minutes without an electrician. Priced at $999 with advanced safety protections and 40+ year expected lifespan.
• Pando Canopy Proprietary wireless mesh connectivity system that ensures always-on EV charger connectivity without WiFi or cellular networks. Features self-healing mesh network, automatic setup, and operates in four modes (Online, Relay, Offline, Manual). Included with every Gen2 installation at no added cost.
• Pando Pulse Building energy management system (EMS) that monitors real-time panel usage and dynamically allocates unused building power (HVAC, elevators) to EV charging. Enables properties to scale EV charging without costly utility infrastructure upgrades. Included with every Gen2 deployment at no added cost.
• Pando Mobile App Resident-facing mobile application for iOS and Android that enables EV drivers to start/stop charging, schedule off-peak charging, receive real-time notifications, and manage billing. Features NFC Tap-and-Charge technology that works even in zero-connectivity environments.
• Pando Dashboard Property manager dashboard consolidating charging session management, automated billing, revenue-share reporting, and API hooks for property management software integration. Provides real-time visibility into energy consumption, billing, active users, and charger status.

Quantifiable outcome

• 70% lower installation cost vs. traditional EVSE
• +9 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Peninsula Clean EnergycoreStrategic or Co-development Partner · 1 July 2024Partnership with Peninsula Clean Energy (PCE) covered 100% of costs for 90 charging outlets at Woodland Creek in East Palo Alto — the largest project PCE has funded to date. Pando delivered Level 2 charging speeds at under $500 per station. PCE actively recommends Pando to property owners seeking EV charging incentives.
• San Francisco Public Utilities Commission (SFPUC)coreOthersSFPUC partnered with Pando Electric and IBEW to provide EV charging incentives for the 1940 Vallejo property in San Francisco. Pando handled all paperwork and worked directly with the city, securing funding much quicker than expected. The partnership covered 60% of project costs.
• International Brotherhood of Electrical Workers (IBEW)minorOthersIBEW collaborated with Pando Electric and SFPUC to bring EV charging incentives to the 1940 Vallejo property. The labor partnership helped reduce costs and ensure quality installation standards.
• QmeritcoreImplementation/ SI/ Consulting PartnerQmerit partnered with Pando Electric to provide site designs and installation services for the Dumbo property in Brooklyn. Qmerit's expertise in EV charging installation helped ensure quality deployments for Pando's smart outlets.
• Seattle City LightcoreOthersSeattle City Light provided $15,000 in incentive funds per project for each of Ori Residential's 5 properties in Seattle. Through Pando's daisy-chaining and Adaptive Load Management technology, each property received 3-4 Pando Smart Outlets at no cost to Ori Residential.
• CLEAResultminorOthersCLEAResult, an energy consulting firm, consulted with Woodland Creek on EV charging solutions and reached out to Pando Electric to tackle the electrical capacity challenge. CLEAResult serves as a referral channel connecting Pando with property owners seeking EV charging solutions.
• King County Housing AuthoritycoreOthersKing County Housing Authority provided incentives that covered 100% of costs for EV charging installations at Ori Stone and Marq West Seattle properties. Pando worked with the authority to ensure zero out-of-pocket costs for these properties.

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• ChargePoint: ChargePoint is the largest US EV charging network and hardware supplier, with a broad portfolio spanning residential, multifamily, commercial, and fleet. It competes with Pando in multifamily deployments but is generalist in nature and does not offer a socket-based, no-WiFi architecture.
• Wallbox: Wallbox is a publicly-traded smart EV charger manufacturer (Pulsar Plus, Quasar bidirectional) selling to residential and commercial customers globally. It overlaps with Pando in residential/light-commercial smart charging and shares the same OCPP/interoperability thesis, though it is not multifamily-specialized.
• FLO: FLO is a North American EV charging network and hardware manufacturer with a strong presence in multifamily and workplace charging. While vertically integrated and larger, FLO targets overlapping customer segments and competes for the same property-owner RFPs as Pando.
• Enphase Energy: Enphase offers the IQ Energy Router and bidirectional EV chargers integrated with its solar and home battery ecosystem. While broader (solar + storage), Enphase competes in the residential and small commercial EV charging space and overlaps with Pando's HEMS-plus-charging approach.
• Enel X Way (JuiceBox): Enel X Way operates the JuiceBox residential and commercial EV charging line as part of Enel Group's broader energy services. It is a broader incumbent in the same managed EV charging category, with comparable subscription and smart charging software offerings.
• Blink Charging: Blink Charging is a publicly-traded EV charging equipment and network operator with residential, commercial, and multifamily offerings. Blink competes for property-owner contracts and serves as a benchmark for public-market EVSE valuations and unit economics.

Direct peers

• EverCharge: EverCharge (acquired by SK Group in 2021) is the most direct comparable: it builds smart EV charging solutions specifically for multifamily, workplace, and fleet properties, with proprietary load management to overcome electrical capacity constraints. Pando and EverCharge target the same customer, pain points, and unit economics.

Emerging players

• EnviroSpark: EnviroSpark is a smaller, fast-growing EV charging company specializing in multifamily, retail, and municipal installations in the US Southeast. It is a more regional, emerging competitor with overlapping go-to-market (multifamily focus) but a more limited software platform.
• Span: Span makes a smart electrical panel and home energy management system that dynamically allocates power to EVs, appliances, and other loads. Span is an adjacent emerging player whose load-management architecture is comparable to Pando Pulse and could be deployed alongside or against Pando in residential and multifamily settings.

Others

• Qmerit: Qmerit is the largest US installer-network operator for EV charging and electrification. It is a partner of Pando (per the Dumbo case study) and a channel/ecosystem peer; the two companies are not direct competitors but Qmerit is the dominant installer relationship that any multifamily charging player must work with.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@PandoElectric
• LinkedInlinkedin.com/company/pando-electric
• Instagraminstagram.com/pandoelectric

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pando Electric