About Embark Trucks
Embark Trucks is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2016, and was acquired by Applied Intuition in May 2023. Software for self-driving commercial trucks is developed for long-haul routes. Embark Trucks has raised $115.12 million across 4 funding rounds from investors including Applied Intuition, Mubadala and Tiger Global. Its focus areas include Auto Tech, Autonomous Vehicles, Self Driving Technology and Trucks. Its legal entity is EMBARK TRUCKS INC. Its competitors include PlusAI, Gatik and Kodiak Robotics; 3 of its 3 listed competitors have raised funding.
Company details
Embark was founded in 2016 in San Francisco, United States, focusing on the autonomous trucking sector. Software is developed to function as the core intelligence for self-driving commercial trucks on long-haul stretches. A level 2 autopilot system is being tested for real-world deployment. The team is composed of robotics specialists experienced in artificial intelligence, machine learning, and advanced technology integration. Operations center on software solutions for the trucking industry.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website embarktrucks.com
- Social LinkedIn X YouTube
- Acquired by Applied Intuition (May 2023)
- Legal Name Embark Trucks Inc
- Total Equity Funding$115.12M (USD)
in 4 rounds
- Latest Funding Round$70M (USD), Series C
Sep 2019
- InvestorsApplied Intuition
& 9 more
- Acquired byApplied Intuition
(May 2023)
Apps and channels of Embark Trucks
its YouTube channel Applied Intuition has 93 subscribers and 30 videos.
Videos from Embark Trucks
The most watched videos on Embark Trucks's YouTube channel, Applied Intuition (93 subscribers). Click a video to play it here.
More on Applied Intuition.
Funding Insights of Embark Trucks
Embark Trucks has successfully raised a total of $115.12M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $70 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $115.12M
- Total Rounds 4
- Last Round Series C — $70M
- First Round $120,000
(Mar 2016)
- Investors Count 9
All 4 funding rounds of Embark Trucks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $70M | Series C | – | Tiger Global Management | |
| Jul 2018 | $30M | Series B | – | Sequoia Capital | |
| Jul 2017 | $15M | Series A | – | DCVC | |
| Mar 2016 | $120,000 | Seed | – | – |
10 investors in total: 10 institutional.
Investors in Embark Trucks
Embark Trucks has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Applied Intuition, Mubadala and Tiger Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Early-stage technology-driven companies are targeted for venture capital investments. | omersventures.com | Toronto, Canada | ||
Seed-stage investments in technology companies are made by Maven Ventures. | mavenventures.com | Palo Alto, United States | ||
AME Cloud Ventures is focused on investing in data-driven technology companies. | amecloudventures.com | Palo Alto, United States | ||
Sovereign wealth fund of United Arab Emirates | 2002 | mubadala.com | Abu Dhabi, United Arab Emirates | |
Simulation software for autonomous vehicles is developed. | 2017 | appliedintuition.com | Mountain View, United States |
Investor details for Embark Trucks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Embark Trucks
454 people are tracked at Embark Trucks (26 in leadership, 428 in team).
| Name | Role | Group |
|---|---|---|
Jeremy Miller | Head Of Vehiclesim | Leadership |
James O'Neill | Global Head of Sales | Leadership |
Jonathan Anderson | Head Of Strategic Finance | Leadership |
Kenji Nakashima | Head of Sales - APAC | Leadership |
Peter Ludwig | Co-Founder & CTO | Leadership |
Jalda Otto | People Business Partner | Leadership |
Hyunsu Cho | People Business Partner | Leadership |
Vijaysai Patnaik | Head of Product | Leadership |
Qasar Younis | Founder & CEO | Leadership |
Aref Wardak | Head of Legal & People Ops | Leadership |
Neej Parikh | Chief Revenue Officer | Leadership |
Diana Y. | People Partner | Leadership |
Varun Mittal | General Manager | Leadership |
Sandeep Menon | Head Of Application Engineering | Leadership |
Benjamin Schmidt | Head Of NA Sales | Leadership |
Chris Gundling | Head Of Engineering | Leadership |
Surbhi Agarwal | CMO | Leadership |
Meg Rye | Recruitment Partner | Leadership |
Sam Kalnins | Head Of Infrastructure & Platform | Leadership |
Paul Ashbourne | Head of Infrastructure | Leadership |
434 more people are available in the full profile.
Complete people profiles for Embark Trucks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Embark Trucks
4 dated milestones of Embark Trucks across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Embark Trucks is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series C, of $70.0M.
- Exit Acquired by Applied Intuition.
Competitors of Embark Trucks
Embark Trucks has 3 listed competitors in our database, 3 of them funded. They include PlusAI, Gatik and Kodiak Robotics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| plus.ai | 2016 | San Francisco, United States | $720M | 146 | Self-driving technology for commercial trucks is developed by PlusAI. | |
| gatik.ai | 2011 | San Francisco, United States | $151.6M | AI-enabled platform offering self-driving delivery trucks and delivery management system | ||
| kodiak.ai | 2018 | Palo Alto, United States | $165M | Autonomous trucks are developed for long-haul freight transport. |
Detailed competitors of Embark Trucks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Embark Trucks
Websites that share an audience with Embark Trucks (embarktrucks.com).
Websites whose visitors overlap most with Embark Trucks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
futurride.com | futurride.com | 100% | #1,930,510 | – |
Top companies in Autonomous Vehicles
3 companies that operate in the same segment as Embark Trucks (Autonomous Vehicles) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | |||
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 |
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Related news about Embark Trucks
Complete news archive for Embark Trucks
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Frequently Asked Questions about Embark Trucks
Embark Trucks was founded in 2016.
Embark Trucks is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Embark Trucks is a funded company, having raised a total of $115.12M across 4 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 2016.
Embark was founded in 2016 in San Francisco, United States, focusing on the autonomous trucking sector. Software is developed to function as the core intelligence for self-driving commercial trucks on long-haul stretches. A level 2 autopilot system is being tested for real-world deployment. The team is composed of robotics specialists experienced in artificial intelligence, machine learning, and advanced technology integration. Operations center on software solutions for the trucking industry.
Embark Trucks's top competitors include PlusAI, Gatik and Kodiak Robotics.
Embark Trucks has 10 investors. Key investors include Applied Intuition, Mubadala, Tiger Global, Sequoia Capital, and DCVC.
Embark Trucks operates through Embark Trucks Inc.
Yes. Embark Trucks was acquired by Applied Intuition in May 2023.