About Envestnet
Envestnet is a company based in Berwyn (United States) founded in 1999 by Bill Crager was acquired by Bain Capital Private Equity in July 2024. The company has 1,433 employees as of April 05, 2024. Envestnet has completed 13 acquisitions, including Axalta, Castle Rock Innovations and Ellevest. Envestnet offers products and services including Trading Platform, Proposal/Risk Tool, Data Aggregation Service, and Tax Management Tool. Envestnet operates in a competitive market with competitors including Addepar, sei, Avaloq, 360 One and Broadridge, among others.
- Headquarter Berwyn, United States
- Employees 1433 as on 05 Apr, 2024
- Founders Bill Crager
- Stage Public
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Envestnet Asset Management India Private Limited
- Date of Incorporation 11 Dec, 2001
- Jurisdiction Thiruvananthapuram, Kerala, India
-
Annual Revenue
$36.74 M (USD)22as on Mar 31, 2023
-
Net Profit
$5.46 M (USD)92.42as on Mar 31, 2023
-
EBITDA
$6.49 M (USD)39.21as on Mar 31, 2023
-
Latest Funding Round
$517.5 M (USD), Post-IPO
Aug 17, 2020
-
Investors
Bain Capital Private Equity
& 1 more
-
Employee Count
1433
as on Apr 05, 2024
-
Investments & Acquisitions
Axalta
& 12 more
-
Acquired by
Bain Capital Private Equity
(Jul 01, 2024)
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
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.
People of Envestnet
Unlock access to complete
Software Development Team
147 people
Leadership Team
105 people
Product Management Team
88 people
Senior Team
48 people
Data Analysis and Operations Team
34 people
Lead Team
29 people
Sales and Marketing
24 people
Operations Team
17 people
Unlock access to complete
Funding Insights of Envestnet
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.
|
Locked | Locked | Locked | |
|
Private investment firm managing assets and expanding into equity, credit, and real estate services.
|
Locked | Locked | Locked |
Investor details for Envestnet
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Envestnet
Envestnet has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Axalta, Castle Rock Innovations and Ellevest.
Investment portfolio details for Envestnet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of SaaS-based data aggregation and analytics platform
|
Locked | Locked | 2016 | Locked | |
|
Automated investment platform for women is provided via mobile app.
|
Locked | Locked | 2014 | Locked | |
|
Personal finance management solutions for banks are provided.
|
Locked | Locked | 2014 | Locked |
Complete acquisition details for Envestnet
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Envestnet
Detailed financials for Envestnet
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Envestnet Comparisons
Peer comparison for Envestnet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Envestnet
Envestnet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Addepar, sei, Avaloq, 360 One and Broadridge, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Wealth management solutions are delivered for investment advisors.
|
|
| Locked | Locked | Locked |
Wealth and investment management solutions are offered to institutional investors.
|
|
| Locked | Locked | Locked |
Cloud-based solutions for financial institutions are provided by Avaloq.
|
|
| Locked | Locked | Locked |
Asset and wealth management software is provided for businesses.
|
|
| Locked | Locked | Locked |
Cloud-based accounting and financial management solutions are offered to businesses.
|
Detailed competitors of Envestnet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 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 current CEO of Envestnet. They have also founded this company.
As of Apr 05, 2024, the latest employee count at Envestnet is 1,433.
Annual revenue of Envestnet is $36.74M as on Mar 31, 2023.
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, Delta Capita and sei.
Envestnet offers Trading Platform, Proposal/Risk Tool, Data Aggregation Service, and Tax Management Tool.
Envestnet has made 13 acquisitions, including Axalta, Castle Rock Innovations, and Ellevest.
Envestnet has 2 investors. Key investors include Bain Capital Private Equity, and Upfront Ventures.