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Wednesday, March 11, 2020

Overhaul Raises $17.5M in Growth Funding

Overhaul, an Austin, TX-based real-time supply chain integrity technology solution provider, raised $17.5m in growth funding.

The round – which brought total funding to $27.5m – was led by Edison Partners, with participation from Abbey International Finance Group.

The company intends to use the funds to bolster product offerings to support broad market use, grow its team in North America as well as in its new European headquarters in Ireland, and expand reach into other key global markets.

Launched in 2016 by Barry Conlon, CEO, Overhaul is a supply chain integrity solutions company that allows shippers to connect disparate sources of data into a platform designed for the logistics industry. The resulting data is transformed into critical insights that can instantly trigger corrective actions, impacting everything from temperature control to handling requirements or package-level tracking, ensuring cargo arrives at its destination safely, undamaged, and on time.

Source. FinSMEs, March 10, 2020

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