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California-Based mostly Unicorn PandaDoc Stands With Ukrainian Staff

by Index Investing News
March 27, 2022
in Property
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The conflict in Ukraine is private for the founders and staff of PandaDoc, a San Francisco-based unicorn that employed almost 200 staff within the nation when Russia invaded.

Many huge tech firms, together with Snap, Lyft, Cisco and Google, depend upon staff in Ukraine. A doc workflow automation platform and eSign answer for mortgage lenders and different companies, PandaDoc employs about 800 individuals worldwide, in international locations together with Ukraine, Portugal and Poland.

The corporate’s co-founders — Belarusian natives Mikita Mikado and Sergey Barysiuk — had been gathered with the corporate’s management group in Lisbon, Portugal, when Russia invaded Ukraine, in line with PandaDoc Vice President of Advertising and marketing Leonard Callejo.

The corporate rapidly marshaled sources to assist its Ukrainian colleagues, together with some who had traveled to Lisbon and had been unable to go house, Callejo posted on LinkedIn.

“From utilizing Slack to stay in touch with our fellow Ukrainian Pandas and serving to them discover transportation and houses away from hazard, to offering them further emergency monetary support, to offering short-term housing for many who had been caught with us in Lisbon and can’t go house, all the PandaDoc firm has united — it has been really inspiring and transferring!” Callejo wrote. “I’m proud to be a Panda and enthusiastic about what we’ll accomplish collectively!”

Anna Khromey, PandaDoc’s vice chairman of company growth, mentioned the corporate continues to pay its Ukrainian staff — together with those that are engaged within the struggle to defend their nation — and is actively recruiting new Ukrainian expertise.

“PandaDoc stands with Ukraine,” Khromey reported final week on LinkedIn. “If you’re looking for a job proper now, please take a look at our record of open roles beneath. Most places are versatile since we’re a distant first firm.”

PandaDoc, which introduced a Sequence C financing spherical at a $1 billion valuation in September, at the moment lists greater than 100 job openings on the corporate’s web site, together with 11 primarily based in Ukraine.

“We proceed to make use of and have allotted further monetary support to every group member that was primarily based in Ukraine whether or not they needed to search security overseas or stayed in Ukraine,” Khromey wrote. “We proceed hiring Ukrainian expertise in every single place. Our HR group is working 24/7 to assist all impacted groups throughout international locations.”

Khromey mentioned PandaDoc will “proceed to pay salaries to these Ukrainian staff who’re bravely defending their nation, whether or not they’re a part of the Military or Volunteer Territorial Defence. When Ukraine defeats this invasion and the conflict is over (WHEN and never IF), we’ll DOUBLE DOWN ON OUR INVESTMENT IN UKRAINE. We’re dedicated to rebuilding the financial system collectively.”

She mentioned PandaDoc and lots of of its executives have made a donation to NovaUkraine to assist provide medical and “tactical support” to Ukraine.

Mikado, PandaDoc’s CEO and co-founder, made a plea for the Stanford, California-based nonprofit on his LinkedIn web page.

“Donate to NovaUkraine.org,” Mikado wrote. “I do know these guys and vouch for the group.”

Mikado has additionally shared on LinkedIn his dismay at having been contacted by a consultant of a consulting agency, Sparity, who allegedly needed to know if PandaDoc wanted assist outsourcing work.

“I used to be going by way of your organization profile and located that you’re leveraging sources from Ukraine,” the e-mail mentioned. “With the uncertainty round, needed to know if you happen to want a expertise accomplice like Sparity who can rapidly align together with your different world groups and ensure your undertaking’s deadlines doesn’t get effected [sic].”

In posting the e-mail on LinkedIn, Mikado dismissed it as “disgusting,” saying, “Apparently they attain out to firms with R&D in Ukraine providing to maneuver it out ‘as a consequence of uncertainty.’”

Mikado mentioned that PandaDoc is “doubling our funding in Ukraine in order that extra individuals hiding from bombs don’t have to fret about their jobs. We’re doubling our funding in Ukraine in order that the nation will get tax cash wanted a lot proper now.”

Sparity didn’t reply to requests for remark from Inman. A spokesperson for PandaDoc mentioned firm executives should not out there to speak about Ukraine.

In an announcement this week saying the acquisition of distant on-line notarization answer LiveNotary, PandaDoc mentioned it’s serving to greater than 35,000 clients enhance doc workflow, insights and velocity. The corporate’s enterprise capital and company backers embody OMERS Progress Fairness, G-Squared, Altos Ventures, Rembrandt Enterprise Companions, One Peak Companions, M12 (Microsoft), and HubSpot.

PandaDoc CEO Mikita Mikado’s LinkedIn profile options the hashtags #stopwarinukraine and #standwithukraine towards a blue and gold backdrop, the nationwide colours of Ukraine.

In accordance with information reviews, Mikado had a connection to Tatiana Perebeinis, the chief accountant for Palo Alto startup SE Rating, who was killed by a mortar shell alongside along with her son and daughter as they tried to flee Irpin, a suburb of Kyiv.

The Irish information web site Unbiased.ie and others reported that Mikado was capable of determine Perebeinis on Instagram, the place Mikado wrote that he was an investor in SE Rating.

“There are not any phrases to explain our grief or to fix our ache,” SE Rating posted on LinkedIn the day after Perebeinis, 43, was killed along with her daughter, 9, and son, 18. “However for us, it’s essential to not let Tania and her children Alise and Nikita stay simply statistics. Her household turned the sufferer of the unprovoked fireplace on civilians, which underneath any legislation is against the law towards humanity.”


In accordance with Mikado’s LinkedIn profile, he’s a 2006 graduate of Belarusian State College of Informatics and Radioelectronics, holding a bachelor’s diploma in laptop science. He additionally studied laptop science, English and Japanese on the College of Hawaii at Manoa.

Mikado’s PandaDoc co-founder, chief expertise officer Sergey Barysiuk, additionally lists a bachelor’s diploma in laptop science from the Belarusian State College of Informatics and Radioelectronics on his LinkedIn profile, and a bachelor’s diploma in enterprise administration from Belarusian State College.

Though Belarus is an ally of Russia, permitting its territory for use by Russian forces to stage assaults, many Belarusian residents oppose the nation’s authoritarian chief, Alyaksandr Lukashenka, who has served because the nation’s first and solely instantly elected elected president since 1994.

In accordance with the CIA World Factbook, Lukashenka “has steadily consolidated his energy by way of authoritarian means” that embody restrictions on political and civil freedoms, freedom of speech and the press, peaceable meeting, and faith. Restrictions on political freedoms have “grown more and more strained” following a disputed presidential election in August 2020.

Get Inman’s Further Credit score E-newsletter delivered proper to your inbox. A weekly roundup of all the largest information on this planet of mortgages and closings delivered each Wednesday. Click on right here to subscribe.

Electronic mail Matt Carter





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