Participated · Equity · Jan 2025

Overhaul provides an in-transit supply chain risk management platform purpose-built to manage in-transit inventory and protect high-value, time-sensitive, and temperature-controlled shipments. The platform combines real-time data, contextual intelligence, and actionable alerts to prevent disruption or loss. Overhaul serves industries including pharmaceuticals, healthcare, technology, logistics, automotive, consumer, and food and beverage, and is used by Fortune 100 companies. Customers named in the article include Microsoft, Bristol Myers Squibb, CEVA Logistics, and Arvato. The company recently acquired FreightVerify, adding item-level tracking and inventory intelligence to its platform. Overhaul intends to use the new capital to expand operations and its development efforts; it also closed a new debt facility with MidCap Financial. Overhaul builds software that tracks goods in the physical supply chain, using telemetry and AI models trained on in-transit and contextual data to detect at-risk shipments and alert global security operations. The platform also reports on product quality and compliance while in transit and surfaces potential cost savings. Founders Barry Conlon and David Broe started Overhaul after selling their prior company, FreightWatch, and applying those learnings to cargo visibility and security. Overhaul serves roughly 350 customers, including Microsoft, Dyson, and Bristol Myers Squibb, and has expanded offerings such as new apps, an "intelligence as a service" product, a cargo insurance program, and a cold-chain quality solution for pharma and F&B. The company faces competition from Tive, Altana, Project44, and FourKites. Overhaul is Austin-based and has a roughly 600-person team. Overhaul is a device-agnostic, software-based supply-chain visibility, risk, compliance, and insurance solution used by major brands. Founded in 2016 and headquartered in Austin, Texas, the company converts real-time visibility into risk management, compliance, and insurance workflows. Customers include Microsoft and Bristol Myers Squibb, and Overhaul serves Fortune 100 companies moving freight globally across industries. It operates globally with more than 600 employees and is expected to track over $1 trillion in total moving cargo this year. The company has received recognition such as Inc. 5000, Deloitte Technology Fast 500, and was named a Challenger on Gartner's Magic Quadrant for Real-Time Transportation Visibility Platforms. Overhaul plans to expand globally, enhance its product suite, and integrate recent acquisitions such as security services provider SensiGuard to bolster its in-transit risk management offering. Overhaul Group is an Austin, Texas-based supply chain integrity solutions provider led by CEO Barry Conlon. The company provides an end-to-end platform that connects disparate data sources into a transparent situational analysis engine for the logistics industry. Its technology transforms data into insights that can instantly trigger corrective actions affecting temperature control, handling requirements, and package-level tracking. Overhaul currently serves global brand customers in pharmaceuticals, electronics, transportation and food and aspires to expand beyond these core sectors. The company raised $7M in funding and plans to use the proceeds to continue large-scale growth with shippers and invest in its supply chain technology.