Einride to go public via $1.8 bln valuation business combination.

Wednesday, Nov 12, 2025 7:08 am ET1min read

• Einride, a digital freight tech company, to go public via business combination with Legato Merger Corp. III. • Valuation at $1.8 billion, leading transition to autonomous freight operations in $4.6 trillion global market. • Commercial traction with 25 customers across 7 countries and regulatory permits in US and Europe. • Contracted Annual Recurring Revenue (ARR) base of $65 million and $800 million in potential long-term ARR.

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