Austin-based supply chain risk management company Overhaul has raised $55 million in equity funding to strengthen its AI-driven capabilities and pursue strategic growth initiatives. The funding round was led by Springcoast Partners, with continued support from existing investors Edison Partners and Americo. As part of the investment, Chris Dederick and Holger Staude from Springcoast Partners will join Overhaul’s board of directors.
Founded by CEO Barry Conlon, Overhaul specializes in using advanced AI technology to provide active supply chain risk management and intelligence solutions. The company protects shippers and third-party logistics providers (3PLs) from risks such as in-transit cargo delays, damage, theft, and spoilage through real-time software and monitoring tools. Its global network of seven monitoring control towers ensures proactive responses to threats, offering clients continuous cargo protection. Overhaul also collaborates directly with law enforcement agencies to enable rapid recovery and intervention in theft scenarios.
Overhaul’s AI-powered platform is trusted by industry leaders across sectors such as pharmaceuticals, healthcare, technology, logistics, retail, and food and beverage. Clients include Microsoft, Bristol Myers Squibb, Dyson, and CEVA Logistics.
According to Conlon, the funding will be used to enhance Overhaul’s AI capabilities to deliver even greater value to its customers. The investment will also support the company’s strategic mergers and acquisitions to expand its market presence and technological offerings.
This funding highlights the increasing importance of AI in revolutionizing supply chain risk management, as Overhaul continues to deliver innovative solutions to protect global supply chains.
