Envel

📍 Boston, United States🗓 Founded 2018👥 13 employees💰 Last funded Jul 2022
Envel is a Harvard-founded financial technology company that leverages AI and behavioral science to optimize people’s finances in real-time and automate their budgeting, savings, and investments. Funded by the MIT Sandbox Program, angel investors, and crowdfunding, we are on a mission to make banking and investing easier and more simple for tens of millions of people. We believe that the consumer banking system is broken and no longer focuses on serving its customers' financial health. Traditional banks profit from charging lots of fees and getting you indebted and don’t offer you the freedom or advice to help organize and manage your money in a way that helps you. Envel has reinvented banking from the ground up by building a one-stop Autonomous banking app with Autopilot to organize your money automatically for you with little effort, powered by our patent-pending AI. Envel is constantly innovating and disrupting the banking world, with a 2022 roadmap that includes fractional investments, joint accounts, family accounts, and a cryptocurrency stable coin integration. Using a community-centric approach, Envel works with users to engineer new features that best meet their needs, prioritizing consumers financial health over profit. Get started here: linktr.ee/envel_ai
8
Total investors
2
Early stage
6
Mid stage
0
Late stage
2018
Founded
Investor geography3 countries
United States
5
India
2
Greece
1
Investor activity2019–2022 · investors recorded per year
20191202012021520221
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Envel?
Envel has 8 investors on record on gritt.io, including 2 early-stage backers, 6 mid-stage.
When did Envel last raise funding?
The most recent investment in Envel recorded on gritt.io was in July 2022.
When was Envel founded?
Envel was founded in 2018.
What industry is Envel in?
Envel operates in Banking. Find similar Banking investors on gritt.io.
Where is Envel based?
Envel is headquartered in Boston, United States.