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Embark Trucks
company
About
Embark develops self-driving truck technology designed for freight and logistic services.
- 251 - 500
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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