What is Overton?
Headquartered in Elmont, New York, Overton & Co. maintains its status as the oldest customs brokerage firm in the United States. The organization provides a comprehensive suite of services, including air and sea freight logistics, with a specialized focus on navigating complex tariff codes for high-stakes industries such as pharmaceuticals, wine, spirits, and apparel. By acting as a vital bridge between private enterprises and regulatory bodies, Overton ensures the seamless movement of goods across borders, mitigating the risks of supply chain disruption through deep expertise in trade compliance and regulatory navigation.
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
Key Investors in Overton
PPP
Public-Private Partnership
What's next for Overton?
The infusion of capital marks a pivotal moment for Overton as it transitions into a more digitized phase of its long-standing operations. By leveraging this late-stage financing, the firm is well-positioned to enhance its technological capabilities, particularly in automating tariff classification and streamlining documentation processes for its diverse client base. As global trade regulations become increasingly volatile, Overton's strategic focus will likely center on scaling its digital freight forwarding platform to maintain its competitive edge. This investment provides the necessary liquidity to expand its service footprint while maintaining the rigorous compliance standards that have defined its nearly two-century history in the logistics industry.
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