Leading freight forwarders across the air cargo industry rely on Aircon to make air cargo faster, fairer, and more reliable

DALLAS, TX AND FORT WORTH, TX / ACCESS Newswire / June 30, 2025 / Aircon, the freight tech company transforming global air cargo, today announced the closing of an oversubscribed Seed round co-led by Blumberg Capital and Las Olas VC. The $5M in Seed funding brings total funding raised to $8M, validating Aircon's mission to empower freight forwarders - especially independents - through purpose-built AI that drives growth, not just efficiency.

AI Powered Agents Built for Modern Air Freight

Aircon was founded by air transportation and global logistics veterans to build the industry's first digital platform that enables consolidation across the entire air freight market. To address the outdated systems hindering forwarders' quote conversion rate, Aircon is launching Captain Cargo, an AI agent system with quoting automation, built to serve freight forwarders who deserve higher win rates, optimized margins, and constant support. Captain Cargo accomplishes this by integrating the latest advancements in large language models (LLMs) with our established end-to-end platform.

"We're excited to partner with the Aircon team as they build the digital infrastructure the air freight industry has long lacked. Chris and the team bring a unique blend of domain expertise and technical execution that fits squarely within our thesis of backing AI-native platforms that transform legacy industries," said Nate Vasel, General Partner at Las Olas VC.

Built to eliminate the manual quoting, booking, and tracking processes that slow down small and midsize forwarders, Captain Cargo automates core workflows end-to-end - from instant pricing to optimized carrier selection and real-time exception management. Captain Cargo enables teams to focus on what drives growth: client relationships, service excellence, and strategic advice, rather than replacing humans. This technology is enabling forwarders to more than double their revenue in just 90 days.

"We've been using Captain Cargo, and I can honestly say they've completely streamlined how we handle air freight," said Jeremy Lovelady of F2F International, an SME freight forwarding company leading the industry in international exports. "While using Captain Cargo, I've been able to shift my focus to other areas of the business, like growth and strategy."

Manual Workflows Cost Forwarders Opportunities

The air cargo market is falling behind in digital transformation, even compared to the rest of the supply chain industry. In today's market, over 87% of air freight quotes never convert, resulting in a sustainable amount of wasted time and resources. Small and midsize freight forwarders struggle with slow, inaccurate, and overly generic quotes. Relying on manual processes, these teams waste valuable time on low-margin work, making it harder to compete and win business.

"Aircon is fundamentally transforming how forwarders operate, compete, and scale, by combining deep industry knowledge with sophisticated AI," said Jacob Katz, principal at Blumberg Capital and Aircon board member. Blumberg Capital is excited to support a company driving substantial productivity improvements and increased win rates today, while laying the foundation for the intelligent, fully automated future of global freight forwarding."

More Than a Tool - A Competitive Edge in the Freight Industry

By automating the friction-heavy, low-value tasks, Aircon helps forwarders shift the conversation away from price. Instead, forwarders win on service, speed, and insight - and finally compete on more than just margin.

"This shift isn't about automating people out of a job," added Chris Condon, co-founder and CEO of Aircon. "It's about making a freight forwarding team 10x more effective-and giving independents access to the kind of tech that was once reserved for the enterprise giants. If you're serious about scale, this isn't optional. It's fundamental."

About Aircon

Aircon is the intelligence layer for modern air freight. Headquartered in Texas, Aircon builds AI-powered software that helps freight forwarders quote faster, book smarter, and handle exceptions with confidence. With its Captain Cargo platform, Aircon is helping freight professionals do more with less - and grow sustainably in a volatile market.

To learn more, visit: www.airconai.com

SOURCE: Aircon



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