Overhaul Secures $105 Million in Series C Funding Led by Morgan Stanley
Deal News | Aug 20, 2025 | Morgan Stanley (MSCP)
Morgan Stanley Investment Management's 1GT, a climate private equity strategy, has invested in Overhaul Group’s $105 million Series C funding round. This investment was led by Springcoast Partners and included existing investor Edison Partners. Overhaul, a leader in in-transit cargo risk management, will use this funding to enhance its technology and pursue strategic acquisitions aimed at solidifying its position in real-time supply chain risk management. Morgan Stanley aims to support Overhaul’s sustainability and operational excellence goals, thereby aligning with its climate-focused investment strategy. Overhaul, founded in 2016, leverages IoT-enabled software for advanced cargo tracking and risk management solutions. Morgan Stanley’s participation brings additional strategic support for Overhaul, promising advances in global reach and innovation in supply chain management.
Sectors
- Supply Chain Management
- Private Equity and Venture Capital
Geography
- United States – Both Morgan Stanley and Overhaul Group are based in the United States, indicating the primary geographical relevance of the article.
- Global – Overhaul Group operates globally, providing supply chain solutions worldwide, which signifies the global geographical relevance.
Industry
- Supply Chain Management – Overhaul operates in the supply chain management industry, offering solutions for real-time cargo tracking and risk management.
- Private Equity and Venture Capital – Morgan Stanley's climate private equity strategy participated in Overhaul's Series C funding round, classifying the article within the private equity and venture capital industry.
Financials
- $105 million – The amount raised in Overhaul's Series C funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Morgan Stanley Investment Management | Investor | Company | Morgan Stanley Investment Management's 1GT strategy participated in Overhaul's Series C funding round. |
| Overhaul Group | Target Company | Company | Overhaul is a global leader in in-transit cargo risk management solutions. |
| Springcoast Partners | Lead Investor | Company | Springcoast Partners is a New York-based growth equity firm that led the Series C funding round for Overhaul. |
| Edison Partners | Existing Investor | Company | Edison Partners is an existing investor that participated in the Series C funding round. |
| Barry Conlon | CEO | Person | Barry Conlon is the CEO of Overhaul Group. |