Overhaul's $55 Million Boost: A Game Changer in Supply Chain Management
January 14, 2025, 3:35 pm
Location: United States, Texas, Austin
Employees: 201-500
Founded date: 2016
Total raised: $192M
In the fast-paced world of logistics, clarity is gold. Overhaul, a Texas-based company, just struck it rich with a $55 million funding round. This infusion of capital is more than just numbers; it’s a lifeline for innovation. The investment was led by Springcoast Partners, with familiar faces Edison Partners and Americo joining the fray. Together, they’re betting on a future where supply chain risk management is not just reactive but proactive.
Founded in 2016 and headquartered in Austin, Overhaul has carved a niche in the supply chain landscape. It offers a unique blend of risk management and intelligence solutions. Think of it as a lighthouse guiding ships through foggy waters. The company’s platform connects various data sources, creating what it calls “the first fully transparent situational analysis engine” for logistics. This engine transforms raw data into actionable insights, allowing shippers to respond swiftly to potential issues. Whether it’s temperature control or package tracking, Overhaul is on it.
Cargo theft is a persistent threat in the logistics world. Overhaul claims a remarkable 96% recovery rate for stolen goods. This isn’t just a statistic; it’s a testament to their robust system. The company also provides cargo insurance through its in-house agency, ensuring that clients have a safety net in place. With partnerships with A-rated underwriting firms, Overhaul is not just selling a service; it’s offering peace of mind.
The recent funding will supercharge Overhaul’s advancements in artificial intelligence. AI is the new oil, and Overhaul is drilling deep. The company aims to enhance its customer value and pursue strategic acquisitions. This is not just about growth; it’s about evolution. The supply chain technology sector is on the brink of significant consolidation. Overhaul is positioning itself as a leader in this transformation.
The leadership at Overhaul is confident. They see the investment as a validation of their vision. With Springcoast’s backing, they believe they can execute their ambitious plans. The goal is clear: to create an integrated solution that offers comprehensive tools for risk management, efficiency, and visibility. It’s a tall order, but Overhaul is ready to rise to the challenge.
Overhaul’s software is not just for the big players. It serves a diverse range of industries, from pharmaceuticals to food and beverage. Clients include giants like Microsoft and Bristol Myers Squibb. This versatility is a strength. It allows Overhaul to adapt and innovate across various sectors, making it a valuable partner for many.
The company operates seven global monitoring control towers. These towers are strategically placed to provide continuous cargo protection. They act as the eyes and ears of the operation, ensuring that threats are identified and addressed in real-time. This proactive approach is what sets Overhaul apart. They don’t wait for problems to arise; they anticipate them.
Collaboration with law enforcement is another feather in Overhaul’s cap. This partnership ensures rapid recovery in the event of theft. It’s a critical component of their service, reinforcing the idea that Overhaul is not just a tech company but a comprehensive risk management partner.
As the logistics industry evolves, so does the need for innovative solutions. Overhaul is at the forefront of this change. The company’s focus on AI-driven capabilities will enhance its offerings, making it an even more attractive option for shippers and third-party logistics providers (3PLs). The future is bright, and Overhaul is ready to seize it.
In a world where supply chains are increasingly complex, Overhaul simplifies the process. Their technology transforms chaos into clarity. This funding round is not just a financial boost; it’s a signal to the market. Overhaul is ready to lead the charge in supply chain risk management.
The road ahead is filled with opportunities. With the backing of Springcoast and other investors, Overhaul is poised for significant growth. The company’s strategic roadmap includes not just enhancing its technology but also expanding its market reach. This dual approach will ensure that Overhaul remains a key player in the logistics sector.
In conclusion, Overhaul’s recent funding is a pivotal moment in the supply chain landscape. It represents a commitment to innovation and excellence. As the company continues to develop its AI capabilities and expand its services, it will undoubtedly shape the future of supply chain risk management. The journey is just beginning, and Overhaul is leading the way. With a clear vision and strong support, the company is set to redefine what’s possible in logistics. The future is not just bright; it’s Overhaul.
Founded in 2016 and headquartered in Austin, Overhaul has carved a niche in the supply chain landscape. It offers a unique blend of risk management and intelligence solutions. Think of it as a lighthouse guiding ships through foggy waters. The company’s platform connects various data sources, creating what it calls “the first fully transparent situational analysis engine” for logistics. This engine transforms raw data into actionable insights, allowing shippers to respond swiftly to potential issues. Whether it’s temperature control or package tracking, Overhaul is on it.
Cargo theft is a persistent threat in the logistics world. Overhaul claims a remarkable 96% recovery rate for stolen goods. This isn’t just a statistic; it’s a testament to their robust system. The company also provides cargo insurance through its in-house agency, ensuring that clients have a safety net in place. With partnerships with A-rated underwriting firms, Overhaul is not just selling a service; it’s offering peace of mind.
The recent funding will supercharge Overhaul’s advancements in artificial intelligence. AI is the new oil, and Overhaul is drilling deep. The company aims to enhance its customer value and pursue strategic acquisitions. This is not just about growth; it’s about evolution. The supply chain technology sector is on the brink of significant consolidation. Overhaul is positioning itself as a leader in this transformation.
The leadership at Overhaul is confident. They see the investment as a validation of their vision. With Springcoast’s backing, they believe they can execute their ambitious plans. The goal is clear: to create an integrated solution that offers comprehensive tools for risk management, efficiency, and visibility. It’s a tall order, but Overhaul is ready to rise to the challenge.
Overhaul’s software is not just for the big players. It serves a diverse range of industries, from pharmaceuticals to food and beverage. Clients include giants like Microsoft and Bristol Myers Squibb. This versatility is a strength. It allows Overhaul to adapt and innovate across various sectors, making it a valuable partner for many.
The company operates seven global monitoring control towers. These towers are strategically placed to provide continuous cargo protection. They act as the eyes and ears of the operation, ensuring that threats are identified and addressed in real-time. This proactive approach is what sets Overhaul apart. They don’t wait for problems to arise; they anticipate them.
Collaboration with law enforcement is another feather in Overhaul’s cap. This partnership ensures rapid recovery in the event of theft. It’s a critical component of their service, reinforcing the idea that Overhaul is not just a tech company but a comprehensive risk management partner.
As the logistics industry evolves, so does the need for innovative solutions. Overhaul is at the forefront of this change. The company’s focus on AI-driven capabilities will enhance its offerings, making it an even more attractive option for shippers and third-party logistics providers (3PLs). The future is bright, and Overhaul is ready to seize it.
In a world where supply chains are increasingly complex, Overhaul simplifies the process. Their technology transforms chaos into clarity. This funding round is not just a financial boost; it’s a signal to the market. Overhaul is ready to lead the charge in supply chain risk management.
The road ahead is filled with opportunities. With the backing of Springcoast and other investors, Overhaul is poised for significant growth. The company’s strategic roadmap includes not just enhancing its technology but also expanding its market reach. This dual approach will ensure that Overhaul remains a key player in the logistics sector.
In conclusion, Overhaul’s recent funding is a pivotal moment in the supply chain landscape. It represents a commitment to innovation and excellence. As the company continues to develop its AI capabilities and expand its services, it will undoubtedly shape the future of supply chain risk management. The journey is just beginning, and Overhaul is leading the way. With a clear vision and strong support, the company is set to redefine what’s possible in logistics. The future is not just bright; it’s Overhaul.