New Capital will support product development, expand AI and engineering teams, and fuel go-to-market expansion

NEW YORK–(BUSINESS WIRE)–Pelgo, the AI-powered career transition agent, today announced it has raised $5.5 million in seed funding. Led by Flybridge Capital Partners, with participation from ENIAC Ventures, Primary Venture Partners, and 645 Ventures, Pelgo will use the newly raised capital to hire additional engineers, accelerate the company’s market research and product development, and advance the path to market ahead of its initial product launch in early February.

For employees transitioning from a layoff, college grads just entering the job market, or fully employed workers looking to pivot into an ever-increasing AI economy, Pelgo’s tools paired with human counselors will make high quality job placement, transitioning and reskilling services far more effective, affordable and supported.

“Few opportunities are more significant than the future of employment in an AI-driven world. Pelgo has built a full-service agent that makes high-quality career pathing affordable for any company or university to offer, regardless of budget,” said Chieh Huang, CEO and Cofounder of Pelgo. “Historically, these transition services were reserved for managers and executives; by materially improving quality and drastically lowering costs, we are ensuring that every displaced worker has a guided path into the new job categories created by AI.”

Learning to use new AI tools for data analysis and content creation are important, but reskilling for an AI economy is the key to remaining relevant. Pelgo’s platform will compassionately guide employees through the toughest moments of their careers.

“We invested in Pelgo because they have a strong sense of how the workforce is evolving at a macro level, while developing tools that empower the individual,” said Jesse Middleton, general partner at Flybridge Capital Partners. “AI is transforming every industry, economy and job role, and we believe in Pelgo’s approach that centers human potential.”

About Pelgo

Pelgo’s AI-driven innovation is reinventing the outdated and inefficient process of career transitioning, with a platform far more affordable for companies. Pelgo’s services work for you, whether you are new to the job market, or looking to make a career change. Workers can seamlessly enter, or re-enter the workforce with real job placement supporting an AI economy. Pelgo was co-founded by experienced executives and board members of multi-billion dollar enterprises, who are determined to equip humans at scale for the AI transformation.

Visit pelgo.com to learn more.

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