AI Prospecting for Embark
Company data:
Company size:
845 employeesWebsite URL:
https://www.embarktrucks.comIndustry
Autonomous VehiclesHeadquarters:
San Francisco, California, USAInvestment round:
NASDAQ: EMBKARR:
N/ALatest news about Embark
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Embark Trucks, a developer of autonomous systems for long-haul trucks, shut down in March 2023 due to financial struggles and lack of investor support. The company laid off 70% of its employees and began winding down operations. However, in May 2023, Embark Technology was acquired by Applied Intuition in a $71 million deal, with Embark continuing as a subsidiary[1][2][5].
Embark Technology was acquired by Applied Intuition in a $71 million all-cash deal in May 2023. As part of the merger, Embark will retire its fleet of test vehicles, and key employees will join Applied Intuition to integrate Embark's tools, data, and software assets[2][4][5].
Embark Trucks, after laying off 70% of its employees and winding down operations due to financial struggles, was acquired by Applied Intuition in a $71 million deal in May 2023. Key Embark employees will support Applied Intuition, integrating Embark's tools, data, and software assets into their operations[3][5].
Open job positions at Embark
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
