Einride is a Swedish startup that manufactures electric autonomous trucks for logistics companies. Founded in 2016, Einride aims to increase efficiency and reduce emissions in the freight industry through electric and driverless vehicles. As a pioneer in autonomous electric trucking, Einride has attracted significant investor interest. Here is a guide on how to invest in this rapidly growing company.
Einride offers private investments through equity crowdfunding
Einride has raised over $100 million in funding so far. The company is not yet publicly listed, so the only way for individual investors to acquire Einride stock currently is through equity crowdfunding platforms. Einride has run several successful crowdfunding campaigns on Seedrs, a UK-based platform. Investors can create an account on Seedrs and invest in upcoming Einride funding rounds there.
Major financial institutions have invested in Einride
While crowdfunding allows small individual investments in Einride, most of the company’s funding has come from large institutional investors. Einride’s backers include EQT Ventures, NordicNinja VC, Ericsson,Scania and Norrsken VC. The involvement of these major corporations and venture capital firms demonstrates the confidence and potential they see in Einride’s autonomous electric truck technology.
Einride aims to be a publicly traded company eventually
Founder Robert Falck has stated that Einride does plan to hold an IPO and become a publicly traded company. However, the timing of the IPO is still undetermined, and likely at least a few years away. Once Einride does go public, investors will be able to purchase stock on the open market. So while not currently possible, a traditional public investment in Einride may happen in the future.
Einride’s partnerships validate its industry position
Einride already has several high-profile partnerships that give it credibility. In 2019, Einride began operating autonomous trucks for logistics company DB Schenker in Sweden. The fact that DB Schenker entrusts Einride for real revenue operations shows it is a legitimate player. Einride’s deals with Oatly, Lidl and GE Appliances further demonstrate the growing business adoption of its trucks.
Revenue growth and path to profitability will determine upside
As a high-growth startup, Einride does not currently produce profits or pay dividends. However, potential investors should monitor Einride’s revenue trajectory and operational milestones. Expanding beyond Sweden into the U.S. and other markets will be important steps. More customer partnerships, truck reservations and completed funding rounds will also indicate strong business momentum. If Einride can demonstrate accelerating revenue growth and a viable path to profitability, its valuation should continue rising over time.
Einride offers a compelling investment case as a leader in autonomous electric trucking, but currently only accredited investors can gain exposure through private equity rounds. With strong backing by top VCs along with increasing market adoption, Einride has the potential for significant upside if it can solidify its first-mover advantage in autonomous freight delivery.