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Embark Trucks - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Embark Trucks including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Embark Trucks company logo

Embark Trucks is a developer of autonomous technology for the trucking industry, aimed at improving safety, efficiency, and sustainability in long-haul trucking.

HeadquartersSan Francisco, United States
Team size51-100
Founded2016

What is Embark Trucks? - Company Overview & Details

Embark Trucks is Embark Trucks is a developer of autonomous technology for the trucking industry, aimed at improving safety, efficiency, and sustainability in long-haul trucking. Founded in 2016, the company is headquartered in San Francisco, United States.

Who Founded Embark Trucks?

Embark Trucks was founded by Alex Rodrigues, Brandon Moak.

Who are the Key Executives at Embark Trucks? - Leadership Team

Embark Trucks is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Embark Trucks

Alex RodriguesCEO

Chief Technology Officer (CTO) of Embark Trucks

Brandon MoakCTO

About Alex Rodrigues - CEO of Embark Trucks

Alex Rodrigues serves as the Chief Executive Officer of Embark Trucks, leading the company's strategic vision and operations.

Embark Trucks Company Details & Key Information

Where is Embark Trucks located?

Embark Trucks is headquartered in San Francisco, United States.

How many employees does Embark Trucks have?

Embark Trucks has 51-100 employees.

When was Embark Trucks founded?

Embark Trucks was founded in 2016.

Embark Trucks Official Website

How much funding has Embark Trucks raised?

Embark Trucks has raised $614 Million across 7 funding rounds. The most recent funding was completed on 2023-05-25.

Funding Overview

Embark has raised significant funding, including a recent acquisition deal valued at approximately $71 million.

$614 Million
Total Funding Raised
7
Funding Rounds
2023-05-25
Latest Round

Embark Trucks Funding History

Series C
2019-09-24
$70 Million
SPAC Merger
2023-05-25
$614 Million$5.2 Billion valuation

Who are the key investors in Embark Trucks?

Embark Trucks is backed by 5 key investors including Sequoia Capital, Tiger Global Management, Y Combinator. These investors focus on Venture Capital, Technology, Public Equity sectors.

Embark Trucks Investor Overview

5
Key Investors
4
Focus Areas
3
Notable Investments

Complete List of Embark Trucks Investors

Sequoia Capital

A leading venture capital firm providing high-level funding.

Investment Focus
Venture Capital
Technology
Notable Portfolio Companies
Embark Trucks

Tiger Global Management

A growth-oriented investment firm.

Investment Focus
Technology
Public Equity
Notable Portfolio Companies
Embark Trucks

Y Combinator

An influential startup accelerator.

Investment Focus
Technology
Notable Portfolio Companies
Embark Trucks

Data Collective

Mubadala Capital

What sectors do Embark Trucks investors focus on?

The investors backing Embark Trucks primarily focus on Venture Capital, Technology, Public Equity, sectors.

Venture Capital
Technology
Public Equity

Featured Investor: Sequoia Capital

Sequoia Capital

A leading venture capital firm providing high-level funding.

Notable Investments: Embark Trucks

What are Embark Trucks's future plans?

Embark Trucks Embark aims to commercialize its autonomous trucks while expanding its operational footprint in the North American market.

Embark Trucks Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Embark Trucks face?

Embark Trucks has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Embark Trucks

1

Integration of technology with existing fleets

2

Regulatory compliance for autonomous operations

What opportunities does Embark Trucks have?

Embark Trucks has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Embark Trucks

1

Expansion into new markets

2

Partnerships with logistics companies

Embark Trucks Strategic Position Summary

Key Focus Areas

Embark Trucks is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Embark Trucks?

Embark Trucks has 2 recent news updates covering key business developments and market activities.

Embark Trucks News Overview

2
Recent Articles
Active
Media Coverage
2023-04-25
Latest Update

What is Embark Trucks in the news for?

Embark Trucks is currently featured in news for Applied Intuition Inc. acquired Embark on Apr 25th '23. and other significant business developments.

Recent News Articles About Embark Trucks

Article 1
2023-04-25

Applied Intuition Inc. acquired Embark on Apr 25th '23.

Embark Trucks, the autonomous trucking company, is being acquired by Applied Intuition to enhance its products for vehicle development.

TechCrunch
Read News
Article 2
2023-05-25

Applied Intuition Inc. is planning to acquire Embark for $71M.

Applied plans to acquire Embark in an all-cash transaction valued at approximately $71 million.

PR Newswire
Read News

Embark Trucks FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Embark Trucks including information about founders, CEO, funding history, investors, headquarters location, and company details. 19 frequently asked questions covering key information about the company.

Embark Trucks Questions & Answers - Company Information

Q1

What is Embark Trucks?

Embark Trucks is a developer of autonomous technology for the trucking industry, aimed at improving safety, efficiency, and sustainability in long-haul trucking.

Q2

Who founded Embark Trucks?

Embark Trucks was founded by Alex Rodrigues, Brandon Moak.

Q3

Who is the CEO of Embark Trucks?

The CEO of Embark Trucks is Alex Rodrigues.

Q4

How much funding has Embark Trucks raised?

Embark Trucks has raised a total of $$614 Million across 7 funding rounds. The most recent funding was completed on 2023-05-25.

Q5

Who are the investors in Embark Trucks?

Embark Trucks's key investors include Sequoia Capital, Tiger Global Management, Y Combinator, Data Collective, Mubadala Capital.

Q6

Where is Embark Trucks headquartered?

Embark Trucks is headquartered in San Francisco, United States.

Q7

When was Embark Trucks founded?

Embark Trucks was founded in 2016.

Q8

How many employees does Embark Trucks have?

Embark Trucks has 51-100 employees.

Q9

What is Embark Trucks's official website?

You can visit Embark Trucks's official website at http://embarktrucks.com/.

Q10

What was Embark Trucks's latest funding round?

Embark Trucks's latest funding round was a Series C round of $$70 Million completed on 2019-09-24.

Q11

Who is founder?

Alex Rodrigues

Q12

Who is cto?

Brandon Moak

Q13

What does the company do?

Embark develops autonomous technology for the trucking industry, improving safety and efficiency in long-haul trucking.

Q14

How much funding?

$614 Million

Q15

Latest funding date?

2023-05-25

Q16

Who are the investors?

Sequoia Capital Tiger Global Management Y Combinator Data Collective Mubadala Capital

Q17

What are the challenges?

Integration of technology with existing fleets Regulatory compliance for autonomous operations

Q18

What are the opportunities?

Expansion into new markets Partnerships with logistics companies

Q19

Latest news?

Embark Trucks, the autonomous trucking company, is being acquired by Applied Intuition to enhance its products for vehicle development. Applied plans to acquire Embark in an all-cash transaction valued at approximately $71 million.

More Information About Embark Trucks

For additional details about Embark Trucks, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.