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Endra raises $50m: Evertrace spotted Niklas Lindgren 466 days earlier

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Endra raises $50m: Evertrace spotted Niklas Lindgren 466 days earlier

Endra has raised $50 million in Series A funding. The Stockholm-based company automates design work for mechanical, electrical and plumbing engineers. Evertrace spotted a signal of company formation for co-founder Niklas Lindgren 466 days earlier.

Before the round

The timeline
Evertrace detected the signal20 February 2025
Funding announced1 June 2026
Time before the announcement466 days

Evertrace first detected a signal of company formation for co-founder Niklas Lindgren in February 2025. Lindgren was building Endra with Anton Juric, alongside technologists David Rydberg and Gustav Hammarlund. The signal connected a named founder to a new business tackling the repetitive work behind building design.

What they're building

Every building needs detailed plans for systems such as wiring, fire alarms and pipes. Engineers spend substantial time placing components, routing connections and checking that the designs meet project requirements.

Endra takes building model files and helps engineers generate and optimize those systems. It integrates with Revit and produces models and documentation, giving teams a way to reduce repeated manual design work.

The round

Andreessen Horowitz led the $50 million Series A, with participation from Notion Capital and Norrsken VC. The funding supports Endra's growing team and expansion into new markets, including the US. a16z announced its investment on 1 June 2026.

Read the funding announcement →

Read a16z's investment announcement →

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