Einride
Einride is a Swedish autonomous electric trucking company providing end-to-end solutions for electric and autonomous freight mobility. Founded in 2016 by Robert Falck, Filip Lilja and Linnéa Kornehed, Einride designs, develops and deploys technologies for sustainable freight transport. The company operates one of the largest fleets of heavy-duty electric trucks in Europe, North America, and the Middle East, serving Global Fortune 500 companies including PepsiCo, Carlsberg Sweden, DP World, Heineken and others. In 2019, Einride became the world's first company to operate an autonomous, electric freight vehicle on a public road.
Public Company
Einride is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Employees
201–500
Total Funding
$948M
8 rounds
Last Private Valuation
$1.35B
Feb 26, 2026
Secondary Signals
5 signalsExpanded defense offering for autonomous logistics, building on prior NATO-allied pilot contracts
Diversification into defense logistics could open new revenue/strategic-value lines
Agreed to acquire EV-charging software firm Flipturn for $38.4M in an all-stock deal to build out its charging network.
Small bolt-on funded in stock; no near-term liquidity or valuation-mark impact for holders.
Completed SPAC merger with Legato Merger Corp. III; began trading on Nasdaq as ENRD/ENRDW on June 10, 2026
Einride is now a publicly listed company, not private — changes exit path and secondary market access entirely
Raised $113M oversubscribed PIPE ahead of SPAC merger from EQT Ventures and a West Coast asset manager
PIPE financing supported the SPAC close; already reflected in stored latest round
Founder Robert Falck stepped down as CEO; CFO Roozbeh Charli named CEO, Falck became Executive Chairman
Corroborates stored CEO name; transition occurred over a year before this check but confirms current leadership
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $948M across 8 rounds
Last updated 08-19-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Feb 26, 2026 | PIPE / SPAC merger financing TechCrunch | $113M | $1.35B | Not disclosed |
| Oct 1, 2025 | Series D Bloomberg | $100M | — | Not disclosed |
| Dec 7, 2022 | Series C TechCrunch | $200M | — | Northzone, EQT Ventures |
Prominent Investors
Leadership
Roozbeh Charli
Chief Executive Officer
Robert Falck
Founder & Executive Chairman
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Waymo Driver (Alphabet/Google)
Autonomous vehicle technology provider developing self-driving technology across various vehicle types including trucks
Locomation
Autonomous trucking company developing Level 4 autonomous heavy-duty trucks with focus on highway driving
TuSimple
Autonomous trucking company developing autonomous driving technology for long-haul trucking
Aurora Innovation
Self-driving truck technology company providing autonomous driving platforms for trucking industry
Volta Trucks
Electric truck manufacturer focusing on zero-emission urban and regional delivery vehicles
Nikola
Electric and hydrogen fuel cell heavy-duty truck manufacturer
Einride Investment FAQ
Einride FAQ
Einride is publicly listed. Legato Merger Corp. III shareholders approved the business combination on June 4, 2026, the transaction closed on June 9, 2026, and Einride's American depositary shares and warrants began trading on the Nasdaq Stock Market on June 10, 2026 under the tickers "ENRD" and "ENRDW" — Nasdaq, not the NYSE listing originally contemplated. The transaction valued Einride at a pre-money equity value of approximately $1.35 billion and was supported by the oversubscribed $113 million PIPE that funded at close; 16,596,675 Legato shares were redeemed, leaving roughly 140.0 million ordinary shares outstanding. Einride now reports as a Nasdaq-listed foreign private issuer and has scheduled its first-half 2026 results for August 18, 2026.
Einride shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Einride had a valuation of approximately $1.35B at the time of its public offering. Current market capitalization fluctuates with the share price.
Einride raised $948M across 8 disclosed funding rounds prior to its public listing.
Einride was founded by Robert Falck in 2016.
Einride is headquartered in Stockholm, Sweden.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.