Pelgo, an AI-based career transition agent, said it has raised $5.5 million in seed funding to support product development, expand its AI and engineering teams, and fuel go-to-market efforts ahead of an initial product launch in early February. The round was led by Flybridge Capital Partners, with participation from ENIAC Ventures, Primary Venture Partners, and 645 Ventures.
Pelgo said its platform combines software with human counselors to make job placement, career transitioning, and reskilling services more effective, affordable, and supported for workers navigating layoffs, new graduates entering the job market, and employed workers looking to pivot as the economy becomes more AI-driven.
The company framed its product as a full-service agent designed to help employers and universities offer career pathing at a lower cost and broader scale than traditional programs, which it said have historically been reserved for managers and executives. Pelgo also positioned reskilling for an AI economy as central to remaining relevant as AI tools proliferate across roles and industries.
Pelgo said it is reinventing the career transition process with a more affordable platform for companies and aims to help workers enter or re-enter the workforce with job placement support aligned to new AI-driven job categories. The company said it was co-founded by executives and board members of multi-billion-dollar enterprises.
KEY QUOTES
“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. 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.”
Chieh Huang, Chief Executive Officer And Co Founder, Pelgo
“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. AI is transforming every industry, economy and job role, and we believe in Pelgo’s approach that centers human potential.”
Jesse Middleton, General Partner, Flybridge Capital Partners
