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OVRSEA

Multimodal freight forwarder with digital platform

Overview

OVRSEA is a digital multimodal freight forwarder that uses software to manage international shipping. It provides a centralized platform for the end-to-end handling of freight, including sea, air, road, and rail transport, along with customs clearance and ad valorem insurance. The platform lets clients request quotes, book shipments, track in real time, and manage documentation, all in one place, with centralized communications and analytics for better predictability. Compared with competitors, OVRSEA combines a single, transparent hub with multimodal capabilities and data-driven insights, backed by a technology-first approach and strategic growth partnerships (notably with Bolloré Logistics) that expanded its footprint while keeping management independent. The company aims to simplify the complexities and opacity of international transport, making it more transparent and efficient for businesses and to continue expanding globally.

Significant Headcount Growth

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About OVRSEA

Simplify's Rating
Why OVRSEA is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsAutomotive & TransportationIndustrial & ManufacturingEnterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$2.1M

Headquarters

Paris, France

Founded

2017

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Simplify's take

What believers are saying

  • OVRSEA says Barcelona reached EBITDA profitability in 2025 and grew gross margin 50% in 2026.
  • October 2026 peak-season volatility lifted demand for customs, tracking, and expediting services.
  • Its 700+ clients and 15-country footprint give cross-sell leverage across sea, air, road, and rail.

What critics are saying

  • Fatton Lyseo integration can distract management and dilute OVRSEA's tech-first identity in 2027.
  • A 64-office network increases fixed costs, making rate compression dangerous in weaker freight markets.
  • West Coast strike threats and CBP tightening can disrupt volumes and customer retention by early 2027.

What makes OVRSEA unique

  • January 2026 merger with Fatton Lyseo created 1,000+ employees, 61 offices, 14 countries.
  • OVRSEA runs its own operations in China, India, Taiwan, Thailand, and Vietnam.
  • Its platform combines shipment visibility with local customs, warehousing, and consolidation teams.

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Funding

Total Funding

$2.1M

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$2M
$2.1M
$2.3M
$3M

Benefits

  • Flexible Work Hours
  • Hybrid Work Options
  • Remote Work Options
  • Health Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Performance Bonus
  • Professional Development Budget
  • Conference Attendance Budget
  • Wellness Program
  • Mental Health Support
  • Gym Membership

Growth & Insights

6 month growth

3%

1 year growth

6%

2 year growth

6%

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