Air cargo software platform Aircon launches
21 / 03 / 2022
New air cargo software platform Aircon has closed a $1m dollar pre-seed round by Schematic Ventures.
Texas, US-based Aircon facilitates air cargo rates and consolidation of cargo for freight forwarders and supply chain solutions providers. Development of the platform began in February 2021 and it will be launching live with forwarders this month.
The capital will be used to support additional go-to-market initiatives, new product development, and expansion into additional segments of the air cargo industry.
Aircon was founded by freight forwarder and supply chain solution veterans, Chris Condon, Irl Wakefield, and Reed Rivers.
Condon was most recently an executive/equity partner in TransTrade and TriCon Logistics.
Wakefield is a 20-year logistics veteran in logistics with a high level of technical expertise in all facets of air transportation, regulatory compliance, and international logistics.
Reed is a 10-year veteran in sales of international supply chain solutions to Fortune 500 companies. He successfully supports supply chain programs in airfreight for his clients.
Schematic Ventures is a San Francisco-based early-stage venture capital fund focused on technology.
Julian Counihan, general partner, Schematic Ventures, said: “While air cargo is one of the most exciting categories of freight transportation, it has yet to see the same level of innovation as the rest of the supply chain industry. Chris, Irl, and Reed are building technology to achieve operational efficiencies that will change what air cargo means to the global supply chain. We were excited to lead Aircon’s pre-seed round and support their mission to transform the industry.”