# Pelicargo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pelicargo

- Industry: Transportation Services
- Headquarters: Cambridge, US
- Website: pelicargo.com/
- Latest round: Seed (Aug 12, 2026)
- Investors on record: 1

## About

Based in the US, Pelicargo operates a digital air freight quoting and booking platform for freight forwarders and airlines.

Pelicargo Inc. was founded in 2021 at the Massachusetts Institute of Technology (MIT) by Jon Acquaviva, Shinji Angata, and Edward Wang. Acquaviva continues to lead the company as Chief Executive Officer and Co-Founder. In August 2026, Pelicargo secured a strategic investment from MLC Ventures, the corporate venture capital arm of Mitsubishi Logistics Corporation, as part of a Seed II funding round.

Pelicargo Inc. operates a digital air-freight sourcing platform that connects IATA-certified freight forwarders with over 100 airline partners, enabling real-time spot quotes, live reverse-auction bidding, and instant digital booking across more than 600 destinations. The platform supports a range of cargo types including dangerous goods, temperature-controlled shipments, and large project cargo, combined with automated track-and-trace and a concierge team of air freight industry veterans supporting forwarders throughout the booking and execution process.

Pelicargo Inc. generates its revenue primarily through transaction-based fees on air freight bookings made by freight forwarders through its digital marketplace, which connects shipper demand with airline cargo capacity. Additional revenue is derived from its concierge support services, which combine the platform's automated rate-sourcing technology with industry expert assistance for spot quotes, contract rates, and specialized shipment types.

Following its Seed investment from Mitsubishi Logistics Corporation's MLC Ventures, Pelicargo Inc. plans to accelerate expansion and development of its digital booking platform, streamline transportation arrangements for freight forwarders, and improve operational efficiency in the air cargo sector. The company also intends to leverage Mitsubishi Logistics' international logistics network to explore collaboration opportunities and strengthen its global operational capabilities as it continues integrating additional airline partners onto its platform.

## Funding rounds

- Seed, Aug 12, 2026 — MLC Ventures

## Investors

- MLC Ventures (https://capitalatlas.ai/funds/mlc-ventures) — Seed