Embark Trucks Overview

  • Status
  • Acquired/​Merged

  • Employees
  • 292

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $71M

  • Investors
  • 1

Embark Trucks General Information

Description

Manufacturer of self-driving trucks intended to provide effective commercial transportation. The company is engaged in providing software and associated services that power self-driving trucks offers operational savings and collaborates with carriers, truck manufacturers, and tier-one suppliers, enabling businesses with proper weight management and disturbance performance.

Contact Information

Formerly Known As
Varden Labs
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 321 Alabama Street
  • San Francisco, CA 94110
  • United States
+1 (415)
Primary Industry
Road
Other Industries
Logistics
Parent Company
Vertical(s)
Big Data, Mobility Tech, Autonomous cars, Artificial Intelligence & Machine Learning, Supply Chain Tech, Internet of Things
Corporate Office
  • 321 Alabama Street
  • San Francisco, CA 94110
  • United States
+1 (415)

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Embark Trucks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 02-Aug-2023 $71M Completed Generating Revenue
9. PIPE 10-Nov-2021 Completed Generating Revenue
8. Reverse Merger 09-Nov-2021 Completed Generating Revenue
7. Secondary Transaction - Private 25-Sep-2019 Completed Generating Revenue
6. Later Stage VC (Series C) 25-Sep-2019 Completed Generating Revenue
5. Early Stage VC (Series B) 19-Jul-2018 Completed Startup
4. Early Stage VC (Series A) 18-Jul-2017 Completed Startup
3. Seed Round 02-Aug-2016 Completed Startup
2. Accelerator/Incubator 22-Mar-2016 $120K $155K Completed Startup
1. Accelerator/Incubator 27-Jul-2015 $35K $35K Completed Startup
To view Embark Trucks’s complete valuation and funding history, request access »

Embark Trucks Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C
Series B
Series A7
Series A6
Series A5
Series A4
Series A3
Series A2 5,372,703 $0.000010 $0.01 $0.14 $0.14 1x $0.14 3.62%
Series A1 3,654,873 $0.000010 $0.01 $0.1 $0.1 1x $0.1 2.46%
To view Embark Trucks’s complete cap table history, request access »

Embark Trucks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of self-driving trucks intended to provide effective commercial transportation. The company is engaged in p
Road
San Francisco, CA
292 As of 2022

Mountain View, CA
 

San Diego, CA
 
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Embark Trucks Competitors (2)

One of Embark Trucks’s 2 competitors is Kodiak Robotics, a Venture Capital-Backed company based in Mountain View, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kodiak Robotics Venture Capital-Backed Mountain View, CA
TuSimple Formerly VC-backed San Diego, CA
You’re viewing 2 of 2 competitors. Get the full list »

Embark Trucks Patents

Embark Trucks Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
JP-2024137869-A File format for selective streaming of data Pending 22-Mar-2023
EP-4436136-A1 File format for selective streaming of data Pending 22-Mar-2023
US-20240320265-A1 File format for selective streaming of data Pending 22-Mar-2023
JP-2024137839-A Sensor aggregation in autonomous vehicles Pending 21-Mar-2023
EP-4436141-A1 Sensor aggregation in autonomous vehicles Pending 21-Mar-2023 H04L69/08
To view Embark Trucks’s complete patent history, request access »

Embark Trucks Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Embark Trucks Former Investors (25)

Investor Name Investor Type Holding Investor Since Participating Rounds
AME Cloud Ventures Venture Capital Minority
Anant Chimmalgi Angel (individual) Minority
CPP Investments Limited Partner Minority
CSC UpShot Ventures Venture Capital Minority
DCVC Venture Capital Minority
You’re viewing 5 of 25 investors. Get the full list »

Embark Trucks Acquisitions (1)

Embark Trucks’s most recent deal was a Merger/Acquisition with Northern Genesis Acquisition II. The deal was made on 10-Nov-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Northern Genesis Acquisition II 10-Nov-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
To view Embark Trucks’s complete acquisitions history, request access »

Embark Trucks ESG

Risk Overview

Risk Rating

Updated April, 04, 2023

21.14 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,480

Rank

Percentile

Software & Services

Industry

of 1,088

Rank

Percentile

Enterprise and Infrastructure Software

Subindustry

of 446

Rank

Percentile

To view Embark Trucks’s complete esg history, request access »

Embark Trucks FAQs

  • Where is Embark Trucks headquartered?

    Embark Trucks is headquartered in San Francisco, CA.

  • What is the size of Embark Trucks?

    Embark Trucks has 292 total employees.

  • What industry is Embark Trucks in?

    Embark Trucks’s primary industry is Road.

  • Is Embark Trucks a private or public company?

    Embark Trucks is a Private company.

  • What is the current valuation of Embark Trucks?

    The current valuation of Embark Trucks is .

  • What is Embark Trucks’s current revenue?

    The current revenue for Embark Trucks is .

  • How much funding has Embark Trucks raised over time?

    Embark Trucks has raised $317M.

  • Who are Embark Trucks’s investors?

    AME Cloud Ventures, Anant Chimmalgi, CPP Investments, CSC UpShot Ventures, and DCVC are 5 of 25 investors who have invested in Embark Trucks.

  • Who are Embark Trucks’s competitors?

    Kodiak Robotics and TuSimple are competitors of Embark Trucks.

  • When was Embark Trucks acquired?

    Embark Trucks was acquired on 02-Aug-2023.

  • Who acquired Embark Trucks?

    Embark Trucks was acquired by Applied Intuition.

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