{"id":"c62f2126-1a6c-47ea-826e-f01a3a3cd988","name":"Embark Trucks","slug":"embark-trucks","description":"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.","status":"defunct ( ceased operations Dec 2023; assets sold)","founded":2016,"hq":"San Francisco, California, USA","fundingTotal":null,"type":null,"reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://embarktrucks.com","title":"embark-trucks official website","sourceName":"embark-trucks"}],"keyFacts":[{"label":"CEO","value":"Alex Rodrigues (CEO & Co-founder)"},{"label":"CTO","value":"Brandon Moak (CTO & Co-founder)"},{"label":"HQ","value":"San Francisco, California, USA"},{"label":"Founded","value":"2016"},{"label":"Status","value":"Wound down operations March 2023 — laid off most employees, explored liquidation"},{"label":"Acquisition","value":"Acquired by Applied Intuition for ~$71M (2023)"},{"label":"Peak valuation","value":"$5B at peak (SPAC-era valuation)"},{"label":"Contradiction signal","value":"$5B valuation → liquidation → $71M fire-sale acquisition — one of AV industry's biggest collapses"}],"aliases":[],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-06T18:06:32.084Z","updatedAt":"2026-07-18T03:17:45.159Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/embark-trucks","url":"https://registry.deploy.report/companies/embark-trucks","name":"Embark Trucks","description":"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.","identifier":"c62f2126-1a6c-47ea-826e-f01a3a3cd988","foundingDate":"2016","address":"San Francisco, California, USA","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":1,"primary_source_types":[]}}}