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Embark Trucks

company

About

Embark develops self-driving truck technology designed for freight and logistic services.

  • 251 - 500

Highlights

Total Funding Amount
$300M
Funding Rounds
3
Investors
1

Details

Last Funding Type
Series C
Last Funding Money Raised
$70M
Industries
Automotive,Autonomous Vehicles,Logistics,Software,Transportation
Founded date
Jan 1, 2016
Number Of Employee
251 - 500
Operating Status
Active

Embark develops self-driving truck technology designed for freight and logistic services. Embark has compiled many firsts for automated trucks, including driving across the country, operating in rain and fog, and navigating between transfer hubs. Embark is assembling a group of engineers from companies like Tesla, Google, Audi, and NASA with a professional operations team that averages over a million miles per driver.

Embark was founded in 2015 and is headquartered in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$300M
Embark Trucks has raised a total of $300M in funding over 2 rounds. Their latest funding was raised on Nov 11, 2021 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 11, 2021 Post-IPO Equity $200M 1 — — Detail
Sep 25, 2019 Series C $70M 1 — — Detail
Jul 19, 2018 Series B $30M 1 Sequoia Capital — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Embark Trucks is funded by 1 investors. Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Sequoia Capital — Post-IPO Equity
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