Overhaul, which taps AI to secure physical supply chains, raises $73M in equity and debt
· Source: techcrunch.com
In short
Overhaul, a supply chain visibility software company, has raised $73 million in combined equity and debt financing to expand its AI-powered platform for securing physical supply chains. The company uses real-time data and machine learning models to anticipate and mitigate freight shipping delays while detecting cargo security risks. With over 350 customers and recent acquisitions, Overhaul aims to reach $90 million in annual recurring revenue by year-end while moving toward profitability.
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Tags: supply-chain, security, visibility, logistics, freight, monitoring