Last deal

$200M

Amount

Post-IPO Equity

Stage

11.11.2021

Date

3

all rounds

$317.13M

Total amount

Financing round

General

About Company
Embark develops self-driving truck technology for freight and logistics.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Embark Trucks

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The San Francisco-based company, founded in 2015, has achieved several firsts in automated trucking, such as cross-country driving, operating in adverse weather conditions, and navigating between transfer hubs. Embark employs a team of experienced engineers and drivers, including those from Tesla, Google, Audi, and NASA, who have collectively driven over a million miles. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian, which provide operational savings and collaborate with carriers, truck manufacturers, and tier 1 suppliers. Embark's mission is to build a safer world with autonomous trucks that reduce costs and keep drivers close to their homes.
Contacts

Contact Email

Social url

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M&A Details
1

Acquired by

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3

Number of Funding Rounds

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People

Founders
2
Brandon Moak
Brandon Moak

Brandon Moak

Brandon Moak is the founder and CTO of Embark. He is also a co-founder of Varden Labs. Brandon earned his degree at University of Waterloo.

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Embark Trucks
Embark Trucks

organization founded

1

Brandon Moak

Alex Rodrigues
Alex Rodrigues

Alex Rodrigues

Embark is working to make the self-driving future a reality. While most of the spectacle has been around passenger vehicles, Embark is working to revolutionize $700 billion commercial trucking industry, the backbone of our economy. Commercial transport stands to reap untold benefits by deploying automated trucks - particularly during the “long haul” stretches. Alex studied Mechatronics Engineering at the University of Waterloo.

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Embark Trucks
Embark Trucks

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Alex Rodrigues

Employee Profiles
13
Stephen Houghton

Stephen Houghton

Chief Operations & Fleet Officer

Henry Su

Henry Su

Head of Business Operations & Strategy

Sid Venkatesan

Chief Legal Officer

Jonny Morris

Head of Public Policy and Communications

Nico Andrey

Nico Andrey

Software Engineer for Motion Planning and Controls

Paul Ashbourne

Paul Ashbourne

Head of Infrastructure

Michael Ashbourne

Michael Ashbourne

Recruiting Leader

Mike Reid

COO

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month