About this raise
My Panda, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a personal assistant next-door app that liberates through delegation. My Panda combines technology and the trust of the hyper-local community to give busy people, especially working women, the resources to save time. The company has reported a 525% growth in revenue from 2020 to 2024, with the average monthly spend per user growing from $155 in 2021 to $285 in 2024. Tamara V Lucas founded My Panda in June 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for sales and marketing, customer acquisition, employer outreach, new hires, key app and admin improvements, operations, and technology development.
Investment Overview
Committed : $58,047
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/31/2025
- Close Date
- 10/31/2025
$50,000
$100,000
$100
SAFE
Early Stage
RegCF
$7,200,000
$8,000,000
0%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +16% YoY
-
$241,945
as of FY2024
- Monthly Burn
-
$5,485
as of Mar '25
-
Runway
-
0.8 months
as of Mar '25
- Gross Margin
-
37%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $350,400
- VC Backed?
- Yes
