Company profile: Embark Trucks
1.1 - Company Overview
Company description
- Provider of self-driving truck technology for freight and logistics, offering automated driving software (Embark Driver), a universal self-driving stack for OEM platforms (Embark Universal Interface), a cloud-based fleet management solution (Embark Guardian), and transfer points enabling local-to-autonomous long-haul freight handoffs.
Products and services
- Embark Driver: Industrial-grade automated driving software for freight trucks using multiple redundant sensors to simulate scenarios, predict conditions, and autonomously navigate cross-country, in rain and fog, between transfer hubs
- Embark Guardian: Cloud-native fleet management system that dispatches and manages autonomous truck operations, coordinating Embark-enabled long-haul freight movements originating at transfer points
- Embark Universal Interface: OEM-agnostic self-driving stack integrating Embark’s technology across various truck OEM platforms to enable consistent autonomous operation of freight trucks between transfer hubs
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Embark Trucks
Third Wave Automation
HQ: United States
Website
- Description: Provider of cloud robotics and machine learning technology for material handling, offering a Shared Autonomy Platform that blends human oversight with autonomous reach trucks, TWA Reach high-reach forklifts with autonomous, remote assist, remote operation, and manual modes, and Armada fleet and workflow management systems that integrate with existing warehouse management systems.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Renovo
HQ: United States
Website
- Description: Provider of autonomous vehicle software and automotive-grade safety systems for Automated Mobility on Demand, merging self-driving capabilities, data analytics, and safety into a unified high-performance solution. Supports vehicles with hundreds of sensors generating multiple terabytes of data per hour with safe, secure, scalable operation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Aptiv
HQ: Ireland
Website
- Description: Provider of safer, greener, and connected mobility solutions, delivering software capabilities, advanced computing platforms, and networking architecture. Offerings include Gen 6 ADAS platform integrating software and sensor technologies, Smart Vehicle Architecture, automated parking solutions, 800V vehicle architectures, integrated power electronics, and vehicle-to-everything (V2X) connectivity.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Blackmore
HQ: United States
Website
- Description: Provider of frequency-modulated continuous wave lidar imaging and supporting analytic tools software.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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skyTran
HQ: United States
Website
- Description: Provider of passive magnetic levitation and propulsion technology for implementing personal urban transportation systems, developing maglev-powered mobility solutions for cities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full skyTran company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Embark Trucks
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Embark Trucks
2.2 - Growth funds investing in similar companies to Embark Trucks
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4 - Top valuation comps for Embark Trucks
4.2 - Public trading comparable groups for Embark Trucks
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