
Embark Trucks Stock
Self-Driving Semi Trucks
Sign up today and learn more about Embark Trucks Stock
Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle.
About Embark Trucks Stock
Embark develops self-driving semi trucks. San Francisco-based Embark is also building out its fleet of test vehicles, growing from two to five trucks in just four months. Embark’s goal isn’t replace the driver entirely, however: It just wants to make it possible for long-haul trips to be managed by fewer drivers, eliminating the need for team driving, for instance, and helping to address a lack of available qualified human drivers for this kind of shipping. Drivers are still expected to help with the parts of the route that don’t involve freeway and driving, but still the efficiency gains and trip time benefits would be huge once their technology is in service. The company was founded in 2016.
Investors
AME Cloud Ventures
Lacework, Wish, Eat Just, Zymergen, Illumio, Recursion Pharmaceuticals, Freenome, Astranis, FiscalNote, Planet
DCVC Opportunity
Tradeshift, Zymergen, Gusto, Flutterwave, Alation, Signifyd, Blockstream, CircleCI, D2iQ, TigerGraph
FundersClub
Instacart, Rappi, Slack, Chainalysis, ShipBob, ZoomCar, Human Interest, HomeLight, Webflow, RapidAPI
Maven Ventures
Mubadala Capital | Ventures Europe
OMERS Ventures
Group14 Technologies, Rover, Hootsuite, Wattpad, Embark Trucks, DuckDuckGo, Ranovus, DogVacay, Klipfolio, Fusebill Subscription Billing Software - Company
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Soma Capital
Rappi, Rippling, Deel, Alto Pharmacy, Flutterwave, Astranis, Ironclad, Lattice, Human Interest, Alloy
SV Angel
Snap, Instacart, Stripe, Anduril Industries, DoorDash, Reddit, Zenefits, Pinterest, Opendoor, Slack
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
Velocity
WI Harper Group
Y Combinator
Airbnb, Instacart, Stripe, DoorDash, Flexport, Rappi, Reddit, Zenefits, Faire, Relativity Space
Y Combinator Continuity Fund
Fivetran, Ironclad, Webflow, Jeeves, Snapdocs, Embark Trucks, CoinTracker
Funding History
January 2015 | $25K |
---|---|
May 2016 | $2.1M |
July 2017 | $15.0M |
July 2018 | $30.0M |
September 2019 | $70.0M |
Management
Chief Executive Officer
Alex Rodrigues
Chief Financial Officer
Richard Hawwa
Chief Technology Officer
Brandon Moak
Press
businesswire - Aug, 9 2021
Embark Uses NVIDIA DRIVE to Power its Embark Universal Interface for the Autonomous Trucking Industrywired - Jul, 25 2021
Trucks Move Past Cars on the Road to Autonomynanalyze - Jul, 17 2021
4 Self-Driving Semi-Truck Stocks for Investorstherobotreport - Jun, 23 2021
Embark taking autonomous trucks public via SPAC dealdcvelocity - May, 13 2021
Self-driving trucks haul HP printers as Embark expands real-world road testsprnewswire - Apr, 19 2021
Embark Expands Senior Leadership Team to Commercialize Self-Driving Trucksfreightwaves - Apr, 9 2021
Embark Trucks recruits partners to build autonomous driving ecosystemcnbc - Apr, 8 2021
AB InBev, Werner Enterprises to test Embark driverless truck technologyfleetowner - Apr, 5 2021
Embark standardizes self-driving tech for major truck OEMsprnewswire - Mar, 31 2021
Embark Universal Interface Accelerates Integration of Self-Driving Technology Across Major Truck OEM Platformsvox - Jul, 1 2020
Networks of self-driving trucks are becoming a reality in the USEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase