# Overland AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/overland-ai

- Industry: Software
- Headquarters: Seattle, US
- Website: www.overland.ai
- Total disclosed funding: $42M
- Latest round: Series A (Oct 18, 2024)
- Investors on record: 11

## About

Based in Washington, US, and founded in 2022 by CEO Byron Boots, Greg Okopal, and Stephanie Bonk, Overland AI Inc., a.k.a. Overland AI is a provider of off-road ground vehicle autonomy solutions for the defense sector.  In November 2025, Overland AI Inc. raised USD 100 million in venture and debt funding led by 8VC, with participation from Valor Equity Partners, StepStone, TriplePoint Capital, Point72, Ascend Venture Group, Shasta Ventures, and Overmatch.

The company provides autonomous navigation and transportation systems that provide an artificial intelligence powered system that is intended to advance off-road autonomy for industries with vital missions. The technology enables ground vehicles to navigate and maneuver cross-country without the need for roads or GPS.

The company will use the November 2025 funding to scale production and deployment of its ULTRA autonomous ground vehicles to meet rising military demand.

## Funding rounds

- Series A, Oct 18, 2024, $32M — Voyager Capital, Shasta Ventures, OUP (Osage University Partners), The Caprock Group, LLC, 8VC, Point72 Asset Management, Pioneer Square Labs, Ascend, Overmatch
- Seed, Dec 5, 2023, $10M — Ascend Venture Group, Voyager Capital, Shasta Ventures, Point72 Asset Management, Pioneer Square Labs, Cubit Capital

## Investors

- Ascend Venture Group (https://capitalatlas.ai/funds/ascend-venture-group) — Seed
- Voyager Capital (https://capitalatlas.ai/funds/voyager-capital) — Seed, Series A
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Seed, Series A
- Point72 Asset Management — Seed, Series A
- Pioneer Square Labs (https://capitalatlas.ai/funds/pioneer-square-labs) — Seed, Series A
- Cubit Capital (https://capitalatlas.ai/funds/cubit-capital) — Seed
- OUP (Osage University Partners) (https://capitalatlas.ai/funds/oup-osage-university-partners) — Series A
- The Caprock Group, LLC — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- Ascend — Series A
- Overmatch (https://capitalatlas.ai/funds/overmatch) — Series A