# Embark funding: rounds and investors

> Embark has raised $91M across 4 rounds since 2012. Investors include SV Angel, Y Combinator and SoftBank Vision Fund 2. Every round with its source.

Source: https://millionrounds.com/company/embark (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Embark*

4 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Education Healthcare

Valuation: $700M, Oct 2024 Y Combinator: S11

Funding summary Updated 26 Oct 2026

**$91M** raised across 4 rounds since 2012, from 5 sources

**$1.0M** Seed **$15M** Series A **$75M** Series B

- **Latest round:** Series B, $75M Jul 2021
- **Led by:** SoftBank Vision Fund 2
- **Step-up i:** 5×
- **Investors:** 18 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020

**?** Seed

**$1.0M** Seed

**$15M** Series A

**$75M** Series B

- **First round:** Seed
- **Biggest round:** $75M
- **Usual gap between rounds:** 3.9 years

## The rounds

- **Jul 2021** Series B **$75M** *6 new* *1 returning* [SoftBank Vision Fund 2](https://millionrounds.com/fund/softbank-vision-fund-2) Lead [SV Angel](https://millionrounds.com/fund/sv-angel) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Third Kind Venture Capital](https://millionrounds.com/fund/third-kind-venture-capital) Reported by Firms' own news pages and 1 other
- **Jul 2017** Series A **$15M** *2 new* *1 returning* Data Collective/ YC Continuity Lead [SV Angel](https://millionrounds.com/fund/sv-angel) [Maven Ventures](https://millionrounds.com/fund/maven-ventures) Reported by TechCrunch
- **Nov 2012** Seed **$1.0M** *7 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) [T-Venture](https://millionrounds.com/fund/t-venture) [Gaurav Garg](https://millionrounds.com/fund/gaurav-garg) [Mark Stevens](https://millionrounds.com/fund/mark-stevens) [Francisco Tolmasky](https://millionrounds.com/fund/francisco-tolmasky) Tom Robinson Reported by press.bmwgroup.com
- **Jan 2012** Seed **Amount undisclosed** *3 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Start Fund](https://millionrounds.com/fund/start-fund) Reported by techcrunch.com

## Founders and team

From Embark's own website: 1 founder, 12 on the team.

**Paul Allen** Founder & Chairman

- **Felice Gorordo** CEO & Board Member
- **Joey LoSurdo** President
- **Laura Neal** Chief Revenue Officer
- **Naseem Anzari** Chief Financial Officer
- **Paul Stanton** Chief Strategy Officer of Commit, an Embark company
- **Russell Weaver** Chief People Officer
- **Stephanie Planchard** Chief Operating Officer of Commit, an Embark company
- **Adam Olsen** National Head of Practices
- **Jared Pinsky** Head of Corporate Development
- **Kate Sassi** National Head of Business Development
- **Marc Glennon** Head of Private Equity Business Development
- **Jonathan Gohn** Director of Finance

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Seed** 2012 **Series A** 2017 **Series B** 2021 [SV Angel](https://millionrounds.com/fund/sv-angel) [Y Combinator](https://millionrounds.com/fund/y-combinator) [SoftBank Vision Fund 2](https://millionrounds.com/fund/softbank-vision-fund-2) L Data Collective/ YC Continuity L [Founder Collective](https://millionrounds.com/fund/founder-collective) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) [Start Fund](https://millionrounds.com/fund/start-fund)

## The exit

Exit Buyer Price When

Acquired [Apple](https://millionrounds.com/fund/apple) undisclosed Aug 2013

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=embark).

## Everyone who backed them

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **4** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[SoftBank Vision Fund 2](https://millionrounds.com/fund/softbank-vision-fund-2) Growth equity **1** round, led 1

Data Collective/ YC Continuity no record of our own yet **1** round, led 1

[Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **1** round

[Slow Ventures](https://millionrounds.com/fund/slow-ventures) VC firm **1** round

[F-Prime Capital](https://millionrounds.com/fund/f-prime) VC firm **1** round

[Freestyle Capital](https://millionrounds.com/fund/freestyle) VC firm **1** round

[Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) VC firm **1** round

[Start Fund](https://millionrounds.com/fund/start-fund) VC firm **1** round

[BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) Corporate VC **1** round

[Third Kind Venture Capital](https://millionrounds.com/fund/third-kind-venture-capital) VC firm **1** round

[T-Venture](https://millionrounds.com/fund/t-venture) VC firm **1** round

[Maven Ventures](https://millionrounds.com/fund/maven-ventures) VC firm **1** round

[Gaurav Garg](https://millionrounds.com/fund/gaurav-garg) Angel **1** round

[Mark Stevens](https://millionrounds.com/fund/mark-stevens) Angel **1** round

[Francisco Tolmasky](https://millionrounds.com/fund/francisco-tolmasky) Angel **1** round

Tom Robinson no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=embark).

## Quick answers about Embark

### Who invested in Embark?

Embark's investors include SV Angel, Y Combinator, SoftBank Vision Fund 2, Data Collective/ YC Continuity and Founder Collective, and 13 more on record. SoftBank Vision Fund 2 led its latest round.

### How much has Embark raised?

Embark has raised $91M across 4 rounds since 2012. One round did not disclose an amount, so the total is a floor.

### When did Embark last raise?

Embark's most recent round was a Series B of $75M in Jul 2021, led by SoftBank Vision Fund 2.

### What was Embark's biggest round?

Its most recent round, $75M in Jul 2021, is also its largest on record.

### Who backed Embark first?

Embark's first round on record, in Jan 2012, was backed by Y Combinator, SV Angel and Start Fund.

### What stage is Embark at?

Embark's latest named round is a Series B, in Jul 2021.

### Where is Embark based?

Embark is based in the United States.

### Who led Embark's rounds?

Data Collective/ YC Continuity led the Series A in 2017; SoftBank Vision Fund 2 led the Series B in 2021.

## Companies like Embark

In the same sector, and raised in the last eighteen months.

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