Embark Trucks Overview
- Status
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Out of Business
- Employees
-
230
- Latest Deal Type
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Liquidation
Embark Trucks General Information
Description
Developer of autonomous driving software designed for the commercial trucking industry. The company offers a software platform that utilizes artificial intelligence and machine learning to power self-driving long-haul trucks, enabling carriers and fleet operators to optimize freight logistics, reduce transportation costs, and improve road safety through automated highway operations.
Contact Information
Website
www.embarktrucks.comCorporate Office
- 321 Alabama Street
- San Francisco, CA 94110
- United States
Corporate Office
- 321 Alabama Street
- San Francisco, CA 94110
- United States
Embark Trucks Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Bankruptcy: Liquidation | 01-Jun-2023 | Completed | Bankruptcy: Liquidation | |||
| 9. Merger/Acquisition | 01-Feb-2023 | Completed | Generating Revenue | |||
| 8. PIPE | 10-Nov-2021 | Completed | Generating Revenue | |||
| 7. Reverse Merger | 09-Nov-2021 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | 01-Aug-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 25-Sep-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 19-Jul-2018 | Completed | Startup | |||
| 3. Early Stage VC (Series A) | 18-Jul-2017 | Completed | Startup | |||
| 2. Accelerator/Incubator | 22-Mar-2016 | $120K | $155K | Completed | Startup | |
| 1. Accelerator/Incubator | 27-Jul-2015 | $35K | $35K | Completed | Startup |
Embark Trucks Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | 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% |
Embark Trucks Comparisons
Industry
Financing
Details
Embark Trucks Competitors (3)
One of Embark Trucks’s 3 competitors is Kodiak AI, a Formerly VC-backed company based in Mountain View, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Kodiak AI | Formerly VC-backed | Mountain View, CA | ||||
| Five (Software Development Applications) | Formerly VC-backed | Cambridge, United Kingdom | ||||
| Nuro | Venture Capital-Backed | Mountain View, CA |
Embark Trucks Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Embark Trucks Patents
Embark Trucks Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4436136-A1 | File format for selective streaming of data | Active | 22-Mar-2023 | ||
| EP-4436136-B1 | File format for selective streaming of data | Active | 22-Mar-2023 | ||
| EP-4679802-A1 | File format for selective streaming of data | Pending | 22-Mar-2023 | ||
| JP-2024137869-A | File format for selective streaming of data | Pending | 22-Mar-2023 | ||
| US-12361058-B2 | File format for selective streaming of data | Active | 22-Mar-2023 | G06F16/739 |
Embark Trucks Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
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) |
Embark Trucks ESG
Risk Overview
Risk Rating
Updated April, 30, 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 15,669
Rank
Percentile
Software & Services
Industry
of 1,116
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 448
Rank
Percentile
Embark Trucks FAQs
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Where is Embark Trucks headquartered?
Embark Trucks is headquartered in San Francisco, CA.
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What is the size of Embark Trucks?
Embark Trucks has 230 total employees.
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What industry is Embark Trucks in?
Embark Trucks’s primary industry is Application Software.
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Is Embark Trucks a private or public company?
Embark Trucks is a Private company.
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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 $316M.
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Who are Embark Trucks’s competitors?
Kodiak AI, Five (Software Development Applications), and Nuro are competitors of Embark Trucks.
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