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Overhaul Secures $105 Million Series C to Drive Platform Innovation and Expansion

Overhaul Secures $105 Million Series C to Drive Platform Innovation and Expansion

August 29, 2025 Craig Etkin

AUSTIN, Texas, Aug. 20, 2025 /PRNewswire/ — Overhaul, the global leader of in-transit supply chain risk management, has secured $105 million in Series C equity funding led by Springcoast Partners with participation from Edison Partners. In addition to the Series C financing, the company also closed on a new debt facility with MidCap Financial.

As global supply chains face increasing complexity and disruption, companies require active risk management solutions that can prevent problems before they occur. Overhaul addresses this critical need through its comprehensive platform that combines real-time monitoring, predictive intelligence, and immediate response capabilities to protect high-value cargo from theft, damage, and delays. The company will use the investment to accelerate platform innovation, advance AI-driven capabilities, and continue building powerful, complete, enterprise-level solutions for the world’s largest brands while also pursuing strategic acquisitions.

“Expanding our relationships with Springcoast and Edison allows us to build on the momentum we’ve already created and deliver the solutions our customers are asking for,” said Barry Conlon, CEO of Overhaul. “The truth is, visibility is a data stream – not a standalone solution or app – and how we harness that stream is what truly sets us apart. Our engineering and development efforts are focused on solving real-world problems, and this investment helps us accelerate that mission.”

The investment also positions Overhaul to capitalize on consolidation opportunities in the supply chain technology sector, where the company expects to see continued market shifts as companies focus on profitability and growth fundamentals. The company’s recent acquisition of FreightVerify, which adds item-level tracking and inventory intelligence to its platform, demonstrates this consolidation strategy in action.

“Overhaul is building the system of record for global, high-value supply chains. The company’s proprietary data assets, operational depth, and commitment to solving real-world logistics challenges set it apart in a consolidating market,” said Holger Staude, Managing Partner of Springcoast Partners. “We’re proud to deepen our partnership with Barry and the Overhaul team as they complement their market-leading cargo security capabilities with powerful new inventory optimization tools,” added Chris Dederick, Principal at Springcoast Partners. 

“Edison Partners are excited to continue to support Overhaul in its mission to deliver high impact solutions to real supply chain problems for the world’s biggest brands. It’s a winning strategy with huge potential and this latest acquisition accelerates the vision we saw and backed in 2020,” added Ryan Ziegler, Managing Partner at Edison Partners.

Trusted by Fortune 100 companies, Overhaul serves industries including pharmaceuticals, healthcare, technology, logistics, automotive, consumer, and food and beverage. The company maintains a strong, direct partnership with law enforcement agencies, ensuring rapid recovery and intervention in the event of theft. Overhaul safeguards over $1.4 trillion in cargo trade at any given moment, achieving a 99.9% shipment protection rate.

Learn more about how Overhaul mitigates supply chain risk.

About Overhaul
Overhaul is the leading in-transit supply chain risk management platform for the world’s most trusted brands. Purpose-built to manage in-transit inventory and protect high-value, time-sensitive, and temperature-controlled shipments, Overhaul combines real-time data, contextual intelligence, and actionable alerts to prevent disruption or loss. With a device-agnostic approach and deep expertise in cargo security, compliance, and logistics, Overhaul empowers shippers, carriers, and logistics providers to move goods smarter, safer, and with greater control. Customers include Microsoft, Bristol Myers Squibb, CEVA Logistics, and Arvato. With the recent acquisition of FreightVerify, Overhaul now adds six of the top ten automotive manufacturers to its roster. For more information, visit over-haul.com, and follow on LinkedIn, X, and Facebook.

About Springcoast Partners
Established in 2023, Springcoast is a New York-based growth equity firm focused on partnering with market leading software and technology companies. To learn more about Springcoast, please visit www.springcoast.com.

About Edison Partners
Edison Partners is a leading growth equity firm providing the financial and intellectual capital that CEOs and their executive teams need to grow and scale their companies. Named as a Top Growth Investment Firm by GrowthCap for two years running, Edison’s active portfolio has created aggregated market value exceeding $10 billion. Edison Partners manages over $2.2 billion in assets. For more information on Edison Partners, please visit edisonpartners.com and follow on LinkedIn.

SOURCE Overhaul

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

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Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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