Lindgren: Bootstrapped security venture reached $15M-$20M before 2022 PE exit
Niklas Lindgren · He spent $150K on brand before he had a product—closed $1.5M ARR in 1 month. | Endra · Aug 17, 2026 · at 10:25
Niklas Lindgren, co-founder of Endra, recounts his previous bootstrapped enterprise security venture started with co-founder Anton prior to entering software.
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“We were around 15, twenty million in revenue, and then we sold it to a private equity firm in... In twenty-twenty-two. So we did our first exit when we were 26 or something.”
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More from Niklas Lindgren
Lindgren: One engineer using Endra matches 50-person design team's output
“So the end result they're getting is the same one as if they were to use us, the design team of 50 people, but it, you know, you can do it from one person and you can do it much faster and you can do much better.”
Lindgren: Endra spent $150K on brand and website before having a product
“I think we spent maybe a 150 something, 150 K something. So like building the first web, building the first sort of visuals and motion around the product and like before there is almost anything.”
Lindgren: Endra completes 80% to 90% of 400-hour engineering projects in under 10 minutes
“Once I ingest this into Endra, it, it's not perfect, but it comes to, like, 80, 90% of whatever I did before, and I spent 400 hours doing this project. And recredit this from in under 10 minutes.”
Lindgren: Autodesk acquired Revit in 2002 and nothing has happened since
“They, today they work in one tool from, that's called Revit it's, it was built in 97, acquired by Autodesk in 2002. Nothing had happened since.”