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Embark Trucks Stock

Self-Driving Semi Trucks

Founded

2016

Notable Investors

Velocity

Headquarters

San Francisco CA, US

Total Funding

$117M

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

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

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Embark Trucks or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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