Einride Appoints Anubhav Verma as CFO Amid Planned Public Listing, Targeting Electric Freight Market

Einride Announces Appointment of Anubhav Verma as Chief Financial Officer

Einride AB, a pioneering company in the electric and autonomous freight sector, has recently appointed Anubhav Verma as their Chief Financial Officer (CFO) as part of their strategic planning for a public listing on the New York Stock Exchange. This move comes in the wake of a proposed business combination with Legato Merger Corp. III, a special purpose acquisition company (SPAC). The transaction is anticipated to close in the first half of 2026, aiming to further establish Einride’s influential position in the rapidly evolving freight market.

Verma is set to step into his new role in January 2026, bringing with him over 16 years of comprehensive experience in capital markets, mergers and acquisitions, as well as strategic finance. Prior to his appointment at Einride, he served as CFO at MicroVision, where he significantly enhanced the company's presence in both US and EU markets. His extensive background also includes a pivotal role at Exela Technologies, where he spearheaded a large SPAC reverse merger.

CEOs and industry leaders often refer to Verma's expertise as a vital asset, particularly as freight operators worldwide begin prioritizing electric and autonomous solutions to stay competitive. Roozbeh Charli, CEO of Einride, highlighted Verma’s experience in leading complex financial transactions and cross-border expansions as directly aligning with Einride's growth strategy.

As Einride prepares for its public debut, they have already established a solid foundation, operating in the $4.6 trillion global road freight market. The company boasts a robust contract base with over 25 enterprise customers in seven different countries, marking significant traction in the marketplace. Their estimated annual recurring revenue (ARR) stands at $65 million, with potential for growth estimated at over $800 million through joint business plans with renowned clients.

Verma emphasized the critical goal of driving financially disciplined growth and scaling operations globally, particularly in the U.S. market. His vision is to propel Einride to become a leader within the multi-trillion-dollar freight and logistics industry.

One of the noteworthy aspects of Einride’s offerings is its advanced technology platform, which includes artificial intelligence (AI) for planning optimization and a fleet of electric heavy-duty vehicles, currently among the world's largest. This innovative technology facilitates not just the adoption of electric solutions, but also positions the company to capitalize on emerging autonomous vehicle operations across the U.S. and Europe. Einride also boasts an impressive safety record with zero traffic incidents and continues to refine its AI-powered tools for cost-efficient freight solutions.

The upcoming business combination with Legato is valued at $1.8 billion, reflecting the strong anticipated growth and market demand for electric freight solutions. The partnership is expected to enhance Einride’s dual Freight-Capacity-as-a-Service (FCaaS) and Software-as-a-Service (SaaS) models, further embedding the company in the industry's future.

Founded in 2016, Einride has been at the forefront of developing and operating digital, electric, and autonomous freight solutions aimed at reducing reliance on diesel-powered transport. They are currently serving customers in North America, Europe, and the Middle East, and actively work towards driving a transition to more sustainable logistics practices.

The collaboration with Legato marks a significant milestone for Einride as they embark on a new chapter as a public company, leveraging their technology and market experience to build upon a promising future in the freight industry. Stakeholders and industry watchers are keenly interested to see how Verma’s leadership will shape the company's trajectory in the coming years.

In conclusion, as Einride approaches its public listing, the strategic appointment of Anubhav Verma as CFO underscores the company’s commitment to achieving rapid growth and embracing the electric and autonomous freight solutions that are reshaping the future of transportation.