How Much Did Overland Raise? Funding & Key Investors

Date August 22, 2025
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Overland

COMPANY INFO

The company is Overland AI Inc, founded in 2022 by Byron Boots, Stephanie Bonk, and Greg Okopal. It has between 51 and 100 employees and operates in the artificial intelligence, autonomous vehicles, machine learning, and robotics industry. Overland AI develops AI-enabled self-driving delivery vehicles for off-road terrain, combining machine learning and robotic systems to enable autonomous navigation without GPS or direct operator control. Their technology addresses diverse vegetation, uneven surfaces, and changing terrain to solve labor shortages and complex mission needs. The company is headquartered in Seattle, Washington, and its website is www.overland.ai.

How Much Did Overland AI Inc Raise? Funding & Rounds and Investors

Overland AI Inc is an innovative company founded in 2022 by Byron Boots, Stephanie Bonk, and Greg Okopal. Operating within the artificial intelligence, autonomous vehicles, machine learning, and robotics sectors, Overland AI Inc develops cutting-edge AI-enabled self-driving delivery vehicles designed for off-road terrain. The company leverages advanced machine learning and robotics to achieve autonomous navigation without GPS or direct operator input, addressing challenges like uneven ground, diverse vegetation, and ever-changing environments. Headquartered in Seattle, Washington, Overland AI Inc serves critical mission needs and helps resolve labor shortages with its advanced solutions in the aerospace and defense industry.

Overland AI Inc funding history is marked by rapid growth and strategic investments from prominent venture capital firms. Since its inception, Overland AI Inc has raised a total of $52.3 million across five funding rounds, beginning with early seed investments and culminating in a substantial Series A round. The company’s funding milestones indicate a clear strategy focused on technological advancement and expansion within defense and national security sectors. Backed by leading investors, Overland AI Inc continues to innovate in ground autonomy and scale its core technologies to meet evolving market demands.

Funding Rounds

Series A - $32.2M - 2024-10-18

This Series A round was raised to accelerate adoption of Overland AI Inc's advanced ground autonomy capabilities, with a strong emphasis on product development and expanding their presence in defense and national security markets.

Seed - $10M - 2024-05-20

Seed funding in this round was secured to propel the development of autonomous vehicle software tailored for high-risk missions, ensuring robustness and reliability in demanding scenarios.

Seed - $7.6M - 2023-12-05

This seed funding round supported ongoing product development and operational scaling, enabling Overland AI Inc to further enhance its technological offerings and increase deployment capacity.

Seed - $1.5M - 2023-05-05

The funding from this round was allocated primarily for initial product development and validating market fit, helping the company refine its off-road autonomy systems.

Seed - $1M - 2023-01-24

The earliest documented funding round provided the capital needed for Overland AI Inc's initial launch and early-stage development of its proprietary platform.

Key Investors

8VC

8VC is a venture capital firm renowned for backing transformative technologies. As the lead investor in Overland AI Inc's Series A round, 8VC plays a pivotal role in driving the company's growth into defense and security markets.

Point72 Ventures

Point72 Ventures led a major seed investment, contributing to Overland AI Inc's efforts in building robust autonomous solutions for critical missions. Their support signals strong investor confidence in the company's vision.

Shasta Ventures

A key participant in Overland AI Inc funding rounds, Shasta Ventures joined Point72 Ventures in leading the seed round, providing critical resources to facilitate rapid product development.

Ascend

Ascend is among the early investors in Overland AI Inc, contributing capital and strategic guidance to support the company’s growth in the AI and robotics industry.

Osage University Partners

Osage University Partners has invested in Overland AI Inc to support continued technological innovation and commercialization within the autonomous vehicle space.

Overmatch Ventures

Overmatch Ventures is a backer focused on defense technology and future autonomy, providing investment and expertise to help Overland AI Inc address complex national security needs.

The CAPROCK Group

The CAPROCK Group is a global investment management firm whose involvement in Overland AI Inc further bolsters the company’s financial backing for research and expansion.

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