Supply chains don’t just move products, they move trust. Lose a shipment, delay a delivery, let a container go missing, and it is not just goods that vanish, it is reputations. Overhaul was built on the idea that visibility without action is just watching a car crash in slow motion. Founded in 2016, this Austin-based crew led by Co-Founder and CEO Barry Conlon and Co-Founder and EVP, Enterprise Division, David Warrick decided to take supply chain management from passive dashboards to active defense systems. Seven global control towers, 650 employees, and real-time protection over more than 1.4 trillion dollars in trade later, they are not just playing in the space, they are rewriting how enterprises think about risk in motion.
Today, Overhaul announced a Series C funding round of $105M, led by Springcoast Partners with Edison Partners and Morgan Stanley Investment Management’s 1GT Climate strategy also in the mix. MidCap Financial stepped in with a new debt facility to ensure the balance sheet stays as resilient as the cargo they protect. Stack that on top of a January 55 million round and a March 73 million raise, and the total tally hits 270.5 million to date. For a company that started less than a decade ago, those are not fundraising rounds, they are momentum plays.
This is not just capital for servers and salaries. Overhaul has already shown its appetite for M&A with the acquisition of FreightVerify, pushing into item-level visibility and inventory intelligence. The Series C cash fuels the next stage: scaling predictive AI, expanding their managed services, and growing insurance integrations that not only protect cargo but also give customers financial leverage. When you can reduce insurance premiums by proving you can prevent theft, that is not software, it is strategy.
What makes this story hit harder is who is backing it. Springcoast Partners and Edison Partners have doubled down multiple times, not out of charity but because they see the growth curve in life sciences, automotive, tech, and cold chain logistics. Morgan Stanley’s involvement brings the climate edge, aligning with a world where sustainability and risk mitigation are intertwined. Partnerships with Microsoft, Bristol-Myers Squibb, Dyson, and CEVA Logistics are not logos on a slide, they are proof points that Fortune 100 enterprises are willing to bet on proactive security.
The leadership roster reads like a playbook for scaling precision. Barry Conlon brings grit from his prior exits, David Warrick brings decades of enterprise supply chain expertise from Microsoft, and CFO Shaughn Simmons ties in experience from Dell and Navistar. Add Chief People Officer Amy Campbell and Chief Customer Officer Frankie Mossman, and you have a team engineered for global growth, not just domestic wins.
So what does this round really mean? It means the old way of waiting for supply chain data to arrive is dead weight. Overhaul is moving the industry from hindsight to foresight. Their system does not just tell you a shipment is delayed, it tells you why, what it means, and how to fix it before your customer notices. In a market projected to hit 12.6 billion by 2032, that is not just good business, it is inevitability.
