Einride Welcomes Anubhav Verma as New CFO Ahead of NYSE Listing

Einride's Strategic Move: New CFO Appointment

In a pivotal step towards its upcoming public listing, Einride, a prominent player in electric and autonomous freight, has appointed Anubhav Verma as its new Chief Financial Officer (CFO). This appointment, set to take effect in January 2026, reflects Einride's commitment to expanding its leadership team ahead of its anticipated merger with Legato Merger Corp. III, a Special Purpose Acquisition Company (SPAC).

Anubhav Verma joins Einride with a wealth of experience, boasting over 16 years in global capital markets, mergers and acquisitions, and strategic finance. His previous role as CFO of MicroVision, a LiDAR technology company, saw him successfully enhance the company’s capabilities across several markets, including the U.S. and Europe. His extensive background complements Einride's ambitions remarkably well, particularly as the company readies itself for its New York Stock Exchange debut.

Roozbeh Charli, CEO of Einride, expressed confidence in Verma's capabilities, stating, "Anubhav's experience in leading a multi-billion dollar SPAC combination aligns perfectly with our growth strategy as we prepare to enter public markets. His leadership will be critical in seizing the opportunities arising in the electric and autonomous freight sector." Verma's commitment to driving financially disciplined growth at Einride is expected to be vital as the company looks to enhance its market position.

As a technology company focused on revolutionizing freight operations, Einride has already made significant strides with over 25 enterprise clients across seven countries, including strong presence in the U.S. This foundation has enabled the firm to achieve a contracted annual recurring revenue (ARR) base of $65 million, coupled with an estimated $800 million in potential long-term ARR stemming from Joint Business Plans with prestigious clients.

"Einride has established a compelling infrastructure of technology, talent, and global momentum. As we approach a public listing, my mission is to fortify our market leadership in the freight and logistics industry, particularly within the U.S., by driving rapid operational scaling," said Verma.

A Vision for Sustainable Freight Solutions

Einride is not just about advancing business; it is pioneering the future of sustainable transportation. The company is recognized for having acquired industry-first regulatory permissions for its autonomous vehicle operations within both the U.S. and Europe. Einride boasts a zero traffic incident safety record and leverages AI-driven technologies offering cost-effective freight solutions resolved through its innovative platform.

The anticipated business combination with Legato is projected to close in the first half of 2026, placing a $1.8 billion pre-money valuation on Einride. With this valuation, the firm is poised to scale its Freight-Capacity-as-a-Service (FCaaS) and Software-as-a-Service (SaaS) offerings, refined through its AI-enhanced platform, thereby enabling a more expansive and effective service delivery across the global road freight market.

About Einride

Founded in 2016, Einride has emerged as a forward-thinking technology company intent on revolutionizing freight solutions through its digital, electric, and autonomous technologies, steering the shift away from diesel vehicles towards eco-friendly alternatives. Their innovative platform incorporates AI for optimization and operates one of the largest fleets of electric heavy-duty vehicles globally, in addition to supporting charging infrastructure and autonomous tech.

The firm is positioning itself not just as a service provider but as a catalyst for industry-wide change, serving clients across North America, Europe, and the Middle East.

The strategic appointment of Anubhav Verma marks a significant milestone in Einride's journey toward a sustainable future and it signals a robust commitment to scaling in a rapidly evolving market, promising to transform traditional freight operations into a green, efficient, and autonomous future.

With the future looking bright for Einride, stakeholders are keenly watching as the company prepares to take significant steps in shaping the logistics landscape globally.