# Embark Trucks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/embark-trucks

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: San Francisco, US
- Website: www.embarktrucks.com
- Total disclosed funding: $117M
- Latest round: Series C (Sep 25, 2019)
- Investors on record: 11

## About

Founded in 2016 and based in California, US, Embark Trucks Inc. offers a software solution for the self-driving truck industry. The company was founded by Brandon Moak and the CEO, Alex Rodriques. The company currently partners with carriers like Werner Enterprises, Bison Transport, and Mesilla Valley Transportation and shippers like AB InBev and HP Inc. In June 2021, the company became a publicly-traded company after its merger with Northern Genesis Acquisition Corp.

The company's product is a software solution that includes Embark Driver, a sensors-first automated driving software built for trucks; Embark Universal Interface, a system that supports EUI intellectual property and integration; and Guardian, a system that monitors and remote assisting autonomous fleet capabilities.

The company's revenue is generated by the sale of its software to the self-driving truck industry.

## Funding rounds

- Series C, Sep 25, 2019, $70M — Hong Shan, Tiger Global Management, SV Angel, Y Combinator, OMERS Ventures, DCVC, Maven, Mubadala Capital
- Series B, Jun 28, 2018, $30M — Hong Shan, SV Angel, Y Combinator, DCVC, AME Cloud Ventures
- Series A, Jul 18, 2017, $15M — SV Angel, Y Combinator, DCVC, Maven
- Seed, Apr 22, 2016, $2.1M — Maven
- Seed, Jan 12, 2016 — Y Combinator, FundersClub, Soma Capital Management

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B, Series C
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Maven (https://capitalatlas.ai/funds/maven) — Seed, Series A, Series C
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A, Series B, Series C
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series A, Series B, Series C
- Hong Shan — Series B, Series C
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series C
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series C