About Envestnet
Envestnet is a Technology company based in Berwyn (United States) founded in 1999 by Bill Crager, and was acquired by Bain Capital Private Equity in July 2024. Cloud-based solutions are offered for wealth management and financial advising. The company has 2,828 employees. Envestnet has completed 14 acquisitions, including Axalta, Castle Rock Innovations and Ellevest. Its chief executive, as recorded, is Bill Crager. Its website envestnet.com draws about 537 thousand monthly visits. Its Indian entity Envestnet Asset Management India Private Limited reported revenue of ₹377 Cr. Envestnet offers products and services including Trading Platform, Proposal/Risk Tool, Data Aggregation Service, and Tax Management Tool. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Suite. Its competitors include Addepar, sei and Broadridge; 1 of its 3 listed competitors has raised funding.
Company details
Envestnet was founded in 1999 and is headquartered in Berwyn, United States. Operations focus on the financial technology sector, where cloud-based front and back-office solutions are provided to wealth managers, financial advisors, and institutions. Services encompass financial planning, capital markets assumptions, asset allocation guidance, research, due diligence on investment managers and funds, portfolio management, trading, rebalancing, practice management, and reporting.
- Headquarters Berwyn, United States
- Employees 2,828
- Founders Bill Crager
- Stage Acquired
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Website envestnet.com
- Social LinkedIn
- Acquired by Bain Capital Private Equity (Jul 2024)
- Legal Name Envestnet Asset Management India Private Limited
- Date of Incorporation 11 Dec, 2001
- Jurisdiction Thiruvananthapuram, Kerala, India
- Indian entity revenue₹377 Cr
FY 2026 · +6% YoY
- Indian entity net profit₹40.55 Cr
FY 2026 · 11% margin
- Indian entity EBITDA₹59.99 Cr
FY 2026 · 17% margin
- Latest Funding Round$517.5M (USD), Post-IPO
Aug 2020
- InvestorsBain Capital Private Equity
& 1 more
- Employee Count2,828
- Investments & AcquisitionsAxalta
& 13 more
- Acquired byBain Capital Private Equity
(Jul 2024)
Associated legal entities of Envestnet
Envestnet operates through Envestnet Asset Management India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Envestnet Asset Management India Private Limited CIN U72200KL2001PTC015113 | Active | 11 Dec 2001 | Thiruvananthapuram, Kerala | ₹377 Cr | 1,433 | 4 | View details |
Products & Services of Envestnet
Envestnet offers a comprehensive portfolio of products and services, including Trading Platform, Proposal/Risk Tool, Data Aggregation Service, and Tax Management Tool.
Platform for modern trading and investment administration services.
Tool for risk assessment and proposal generation in financial planning.
Service for aggregating and enriching financial data for advisors.
Tool for tax optimization and management in wealth strategies.
Funding Insights of Envestnet
- Total Rounds 4
- Last Round Post-IPO — $517.5M
- Investors Count 1
All 4 funding rounds of Envestnet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $517.5M | Post-IPO | – | – | – |
| May 2018 | $345M | Post-IPO | – | – | – |
| Aug 2003 | Unspecified | – | – | ||
| Jul 2000 | Unspecified | – | – |
2 investors in total: 2 institutional.
Investors in Envestnet
Envestnet has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bain Capital Private Equity and Upfront Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to early-stage companies. | upfront.com | Los Angeles, United States | ||
Private investment firm managing assets and expanding into equity, credit, and real estate services. | 1984 | baincapitalprivateequity.com | London, United Kingdom |
Investor details for Envestnet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Envestnet Asset Management India Private Limited (Envestnet)
Envestnet Asset Management India Private Limited is the primary company behind Envestnet. The board of Envestnet Asset Management India Private Limited currently have 3 directors; the longest-serving is Shibu Mathew, appointed in 2018. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shibu Mathew DIN 08182725 | Director | 21 Jun 2018 | 8 yrs 4 mo | Envestnet Asset Management India Private Limited |
| Kathryn Michele Evans DIN 10386415 | Director | 09 Nov 2023 | 3 yrs | Envestnet Asset Management India Private Limited |
| Biju Philip DIN 01331869 | Alternate Director | 07 Dec 2023 | 2 yrs 11 mo | Envestnet Asset Management India Private Limited |
People of Envestnet
580 people are tracked at Envestnet (243 in leadership, 337 in team); the tracked headcount is 2,828.
| Name | Role | Group |
|---|---|---|
Bill Crager | Co-Founder & CEO | Leadership |
Don Frerichs | Sr. VP Investment Management | Leadership |
Tyler Vonhummel | HNW Programs Director | Leadership |
Heather Davidson | Head Of HR Technology & Analytics | Leadership |
Rachel Rose | Marketing Director, Demand Generation | Leadership |
Denise V. | Cleint Service Director | Leadership |
Shelly O’Brien | Chief Legal Officer, General Counsel, and Corporate Secretary | Leadership |
Philip Gray | Director, Key Accounts | Leadership |
Arvind Prashad | Director Of Application Engineering Support | Leadership |
Sandeep Sisodia | Head Of Ump-trading Engineering | Leadership |
Bob Riggs | Regional Director, Advisor Sales & Wealth Consulting At Envestnet, Inc | Leadership |
Donna N Peeples | Chief Relationship Officer | Leadership |
Stephanie Bream | Head Of Trading Services | Leadership |
Josh Warren | Chief Financial Officer | Leadership |
Brooks Friederich | Principal Director, Investment Solutions Strategy | Leadership |
Anand Jayaram | Vice President | Leadership |
Avinash Ramadas | Director US Head - Envestnet Retirement Tech Services | Leadership |
Praveen Manikantan | Head Of Business System Analysis Group | Leadership |
Manish Shrestha | Senior Director, Solutions Architecture | Leadership |
Eric Jones | Senior Vice President, Corporate Communications | Leadership |
560 more people are available in the full profile.
Complete people profiles for Envestnet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Envestnet
Figures of Envestnet Asset Management India Private Limited, the primary company behind Envestnet, for FY 2026. Revenue was ₹377 Cr (+6% year on year). Net profit was ₹40.55 Cr (11% margin). EBITDA was ₹59.99 Cr (17% margin). Revenue has grown at a compounded annual rate of +7% over three years and +12% over five years.
- ₹377 CrRevenue · FY 2026 · +6% YoY
- ₹40.55 CrNet profit · 11% margin
- ₹59.99 CrEBITDA · 17% margin
- ₹12.50 CrPaid-up capital
- 1,433Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Envestnet Asset Management India Private Limited are on its company page.
Detailed financial statements for Envestnet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Envestnet
Envestnet has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Axalta, Castle Rock Innovations and Ellevest.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Trade management solutions are offered for capital market brokers. | vestmark.com | Wakefield, United States | 2001 | Sep 2026 | •••• | |
Paints and coating products are manufactured and distributed by Axalta. | axalta.com | Philadelphia, United States | 2013 | Sep 2023 | •••• | |
SaaS-based revenue management and billing software is offered. | redi2.com | Boston, United States | 2002 | Jul 2022 | •••• | |
Provider of SaaS-based data aggregation and analytics platform | truelytics.com | Philadelphia, United States | 2016 | May 2022 | •••• | |
Automated investment platform for women is provided via mobile app. | ellevest.com | New York, United States | 2014 | Jan 2022 | •••• | |
Personal finance management solutions for banks are provided. | harvestsw.com | Larkspur, United States | 2014 | Apr 2021 | •••• | |
Financial planning software is offered to advisors and investors. | moneyguidepro.com | Powhatan, United States | 1997 | Mar 2019 | $500M | |
Wealth management technology and research are provided to financial firms. | foliodynamix.com | New York, United States | 2007 | Jan 2018 | $166.3M | |
Enterprise technology services provider | castlellc.com | Chicago, United States | 2001 | Aug 2015 | •••• | |
Cloud-based data aggregation and analytics for financial institutions are offered. | yodlee.com | Redwood, United States | 1999 | Aug 2015 | $610M |
Complete acquisition details for Envestnet
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Envestnet
15 dated milestones of Envestnet across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Envestnet is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Yodlee.
- Acquisition Acquires Castle Rock Innovations.
- Acquisition Acquires FolioDynamix.
- Acquisition Acquires Envestnet MoneyGuide.
- Funding Latest funding round, Post-IPO, of $517.5M.
- Acquisition Acquires Harvest SW.
- Acquisition Acquires Ellevest.
- Acquisition Acquires Truelytics.
- Acquisition Acquires Redi2 Technologies.
- Acquisition Acquires Axalta.
- Exit Acquired by Bain Capital Private Equity.
- Acquisition Acquires Vestmark.
Competitors of Envestnet
Envestnet has 3 listed competitors in our database, 1 of them funded. They include Addepar, sei and Broadridge.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| addepar.com | 2009 | Mountain View, United States | $759.1M | 560 | Wealth management solutions are delivered for investment advisors. | |
| seic.com | 1968 | Oaks, United States | 5,061 | Wealth and investment management solutions are offered to institutional investors. | ||
| broadridge.com | 2007 | New York, United States | 14,600 | Cloud-based accounting and financial management solutions are offered to businesses. |
Detailed competitors of Envestnet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Envestnet
The website of Envestnet (envestnet.com) receives about 537.1K visits a month and ranks #72,822 among all websites worldwide, #4,607 in Investing.
- Monthly visits537.1K
▲ 5.8% vs previous month
- Unique visitors104.7K
per month
- Global rank#72,822
among all websites
- Category rank#4,607
Finance · Investing
- Bounce rate15%
- Pages per visit7.0
- Average visit6 min 27 sec
- DevicesDesktop 92% · Mobile 8%
Websites whose visitors overlap most with Envestnet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| morganstanley.com | 100% | 4.7M | #14,250 | View details | |
| morningstar.com | 97% | 12.9M | #4,951 | View details | |
| moneyguidepro.com | 96% | 173.3K | #127,275 | View details | |
| ycharts.com | 92% | 897.5K | #49,773 | View details | |
v2020.com | v2020.com | 90% | #123,591 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Envestnet
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Envestnet (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Envestnet
Complete news archive for Envestnet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Envestnet
Envestnet was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Envestnet is headquartered in Berwyn, United States. It is registered at Berwyn, Illinois, United States.
Bill Crager is the CEO of Envestnet, as recorded in our data. They have also founded this company.
Envestnet has 2,828 employees.
The primary company behind Envestnet, Envestnet Asset Management India Private Limited, reported revenue of ₹377 Cr for FY 2026, up 6% year on year.
Envestnet was founded in 1999 and is headquartered in Berwyn, United States. Operations focus on the financial technology sector, where cloud-based front and back-office solutions are provided to wealth managers, financial advisors, and institutions. Services encompass financial planning, capital markets assumptions, asset allocation guidance, research, due diligence on investment managers and funds, portfolio management, trading, rebalancing, practice management, and reporting.
Envestnet's top competitors include Addepar, sei and Broadridge.
Envestnet offers Trading Platform, Proposal/Risk Tool, Data Aggregation Service, and Tax Management Tool.
Envestnet has made 14 acquisitions, including Axalta, Castle Rock Innovations, and Ellevest.
Envestnet has 2 investors. Key investors include Bain Capital Private Equity, and Upfront Ventures.
Envestnet operates through Envestnet Asset Management India Private Limited.
Yes. Envestnet was acquired by Bain Capital Private Equity in July 2024.