Embark - About the company
Embark is an acquired company based in San Francisco (United States), founded in 2016 by Brandon Moak. It operates as a Developing software for self-driving commercial trucks for the long haul stretches. Embark has raised $115M in funding from investors like Sequoia Capital, Tiger Global Management and DCVC, with last known valuation of $*****. The company has 39 active competitors, including 24 funded and 6 that have exited. Its top competitors include companies like Aurora, Einride and TuSimple.
Company Details
Developing software for self-driving commercial trucks for the long haul stretches. The company claims to be developing the software that will serve as the truck’s central cortex, the intelligence that will drive the autonomous trucking sector. The company is testing a level 2 autopilot system. Its team is made up of robotics specialists with deep expertise in artificial intelligence, machine learning, and real-world deployment of advanced technology.
- Website
- www.embarktrucks.com
- Social
- Email ID
- *****@embarktrucks.com, *****@embarktrucks.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Acquired
Total Funding
$115M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 20, 2025
Investors
Ranked
14th among 39 active competitors
Employee Count
19 as on Oct 31, 2026
Exit Details
Acquired by Applied Intuition (May 25, 2023)
Legal entities associated with Embark
Embark is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Embark Technology, Inc. CIN: 1827980 , United States, Active | - | - | - | |
EMBARK TRUCKS INC CIN: 811092914 , United States, Active | Dec 31, 1999 | - | 316 (As on Dec 31, 2022) | - |
Embark's acquisition details
Embark got acquired by Applied Intuition on May 25, 2023 at an acquisition amount of $*****.
Click here to take a look at Embark's acquisition in detail
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Embark's funding and investors
Embark has raised a total funding of $115M over 5 rounds. Its latest funding round was a Series C round on Sep 25, 2019 for $*****. 8 investors participated in its latest round. Embark has 19 institutional investors.
Here is the list of recent funding rounds of Embark:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 25, 2019 | 2222403 | Series C | 2549567 | 3075956 | 7139609 | 7304406 |
Jul 19, 2018 | 5419004 | Series B | 3134196 | 9948057 | 7295957 | |
Jul 18, 2017 | 3549026 | Series A | 3821616 | 2742932 |
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Embark's founders and board of directors
Founder? Claim ProfileThe founders of Embark is Brandon Moak.
Here are the details of Embark's key team members:
- Brandon Moak: Co-Founder of Embark.
- Alex Rodrigues: CEO of Embark.
View details of Embark's Founder profiles and Board Members
Embark's employee count trend
Embark has 19 employees as of Oct 26. Here is Embark's employee count trend over the years:
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Embark's Competitors and alternates
Top competitors of Embark include Aurora, Einride and TuSimple. Here is the list of Top 10 competitors of Embark, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aurora 2017, Mountain View (United States), Public | Developer of self-driving technology for integration into freight operations | $693M | 78/100 | |
2nd | Provider of electric and autonomous freight transportation solutions | $865M | 74/100 | ||
3rd | TuSimple 2015, San Diego (United States), Public | AI-powered provider of self-driving solutions for trucks | $648M | 73/100 | |
4th |  Gatik 2017, United States, Series D | Operator of autonomous trucking solutions for middle-mile logistics operations | $500M | 70/100 | |
5th | PlusAI 2016, Santa Clara (United States), Series C | Developer of autonomous driving technology for integration into factory-built trucks | $720M | 69/100 | |
6th | Developer of physical artificial intelligence platform for autonomous trucks and robotaxis | $1.03B | 69/100 | ||
7th | Kodiak Robotics 2018, Palo Alto (United States), Public | Developer of AI-powered ground autonomy solutions for trucking, defense, industrial | $165M | 66/100 | |
8th | Changsha Intelligent Driving Institute 2017, Changsha (China), Public | Provider of self-driving technology for commercial vehicles | $121M | 60/100 | |
9th |  Inceptio Technology 2018, Fremont (United States), Series B | Developer of autonomous driving technology for heavy duty freight trucks | $678M | 58/100 | |
10th | Manufacturer of electric heavy trucks and related intelligent driving systems | $282M | 56/100 | ||
14th | Embark 2016, San Francisco (United States), Acquired | Developing software for self-driving commercial trucks for the long haul stretches | $115M | 48/100 |
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Embark's Investments and acquisitions
Embark has made no investments or acquisitions yet.
Reports related to Embark
Here is the latest report on Embark's sector:
News related to Embark
Filter this list•
Fuel Ventures has been announced as the leader of a £4M investment in Prosper, with the goal of revolutionizing wealth management.Sme Bulletin•Jan 30, 2025•Prosper, Fuel Ventures, Prosper, The Players Fund and 7 others
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Applied Intuition Announces Favorable Resolution of Securities ComplaintPR Newswire•Dec 29, 2023•Applied Intuition, Embark
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The M&A Class Action Firm Continues Investigating the Merger - FRG, EMBK, HSKA, AAICPR Newswire•Jun 03, 2023•Monteverde, Arlington Asset Investment, Heska, Embark and 1 other
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The M&A Class Action Firm Continues Investigating the Merger – FRG, GRNA, EMBK, AAICGlobeNewswire•Jun 01, 2023•Monteverde, Franchise Group, GreenLight Biosciences, Embark and 1 other
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Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Embark Technology, IncBusiness Wire•Jun 01, 2023•Kahn Swick & Foti, Applied Intuition, Embark
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Halper Sadeh LLC Is Investigating Whether the Sale of Embark Technology, Inc. Is Fair to ShareholdersBusiness Wire•May 26, 2023•Halper Sadeh, Embark, Applied Intuition
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Embark Technology goes private in $71M cash deal by Applied IntuitionSeeking Alpha•May 26, 2023•Embark, Applied Intuition
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