What is Overton?
Established in 1839 and headquartered in Elmont, New York, Overton & Co. stands as the oldest customs brokerage firm in the United States. The company specializes in comprehensive customs brokerage, air freight, and sea freight services. Overton's expertise lies in navigating complex tariff codes across diverse industries, including wine, spirits, apparel, cosmetics, and pharmaceuticals. By collaborating closely with customs, regulatory bodies, and shipping lines, Overton ensures the efficient movement of cargo for both importers and exporters globally. Their dedication to minimizing transit delays and optimizing logistical processes positions them as a reliable partner in international freight forwarding and supply chain management.
How much funding has Overton raised?
Overton has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Overton?
With a history spanning over 180 years, Overton's recent capital infusion, detailed by $150K and contributing to its $150K in overall funding, signals a strategic move to enhance its operational capabilities and market reach. As a large-scale, late-stage funding event, this investment is likely earmarked for modernizing its technological infrastructure, expanding its service offerings in specialized sectors, and potentially increasing its global footprint. The company's focus on complex tariff codes and regulatory compliance suggests a continued emphasis on high-value, intricate logistics, positioning Overton for sustained growth in the evolving landscape of international commerce.
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