DEPLOYDatabase

Company

Embark Trucks

American autonomous trucking company that wound down operations in March 2023 after running out of capital.

Founded
2016
HQ
San Francisco, California, USA
Status
defunct ( ceased operations Dec 2023; assets sold)

CategoryTrucks

Appears inLogistics robots

Overview

American autonomous trucking company that wound down operations in March 2023 after running out of capital. Acquired by Applied Intuition for $71M. Founded by CEO Alex Rodrigues and CTO Brandon Moak.

Verified record

Verified deployments
1 deployment on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$5.2Bas of Nov 2021

Priced roundSPAC IPO post-money

See the full valuations ranking →

Key facts

CEO

Alex Rodrigues (CEO & Co-founder)

CTO

Brandon Moak (CTO & Co-founder)

HQ

San Francisco, California, USA

Founded

2016

Status

Wound down operations March 2023 — laid off most employees, explored liquidation

Acquisition

Acquired by Applied Intuition for ~$71M (2023)

Peak valuation

$5B at peak (SPAC-era valuation)

Contradiction signal

$5B valuation → liquidation → $71M fire-sale acquisition — one of AV industry's biggest collapses

Data & sources

Web sources

1

1 source backing this record.View all →

Founders (2)

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Former / Previously (2)

Safety record

No incidents on record for Embark Trucks.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operated deployments (1)

Operator customers (1)

Brains developed (1)

Recent coverage

Embark Trucks in third-party press

Peer companies