Over-C raises £5.5m from Ingenious to scale operations and enhance artificial intelligence capabilities
The investment round was led by Ingenious to support software development and international expansion.
Over-C is a London-based analytics provider that applies artificial intelligence and data to workforce management and operational performance. Its software platform helps organisations across transport, retail, and manufacturing sectors evaluate risk and streamline operations.
Over-C has secured £5.5m in an equity funding round led by Ingenious, taking its total capital raised to £10m. The transaction was managed through the firm's infrastructure division via its Infrastructure Ventures EIS Service.
The newly acquired capital will be directed towards enhancing the company's underlying software technology, accelerating artificial intelligence capabilities, and driving sales growth. Additional objectives include expanding the international customer base and establishing overseas offices.
The analytics firm provides cloud-based operational tools for mobile workforces across sectors including transport, retail, and manufacturing. Its platform processes real-time data to support time-critical decision making and workforce security compliance, highlighted by partnerships such as O2 Smart Compliance.
From the founder
"As demand for our solutions has increased, so has the need to continue accelerating our AI capabilities and address a rapidly growing international customer base."
Michael Elliott
Chief Executive Officer at Over-C
Investor perspective
"Over-C has created and developed a management tool designed to improve mobile and field-based business processes and remote workforce operations. As an active investor and manager, we are delighted to support this award-winning company, setting new standards for managing operational performance. We look forward to working closely with Over-C to delivering solutions at scale."
Guy Ranawake
Senior Investment Director, Ingenious
Use of funds
- 01Continue product development
- 02Fund research and development
- 03Invest in sales and marketing
- 04Expand into international markets