AirConAI
Uses AI to consolidate air freight shipments going to the same destination.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
* | $5.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Aircon is a Dallas-based startup founded in 2021 that specializes in consolidating air cargo shipments for small and medium-sized enterprise (SME) freight forwarders. Operating in the logistics and air freight market, Aircon leverages artificial intelligence (AI) to optimize shipping costs and transit times by matching shipments to available space on aircrafts heading to the same destination. The company's business model revolves around a platform where clients can book shipments, specify delivery times, and benefit from economies of scale. Aircon makes money by charging for the space used in shared airfreight gateways, offering transparent pricing and end-to-end tracking. The more volume clients ship through the platform, the lower their costs, thanks to the power of economies of scale.
Keywords: AI, air cargo, consolidation, SME, freight forwarders, logistics, shared gateways, cost optimization, transit times, economies of scale.