# Envestnet

**Source:** https://www.startuphub.ai/startups/envestnet
**Profile type:** Startup

> Financial technology company providing wealth management solutions and data aggregation.

## About

Envestnet provides innovative technology solutions for the future of wealth management, aiming to deliver financial wellness to more people. Their platform offers an ecosystem of interconnected solutions, intelligence, and technologies designed to empower asset managers, RIAs, financial institutions, and financial professionals. They serve these groups by helping them enhance expertise, supercharge practice growth, drive scalable growth, and simplify practice management.

## Key facts

- **Slug:** envestnet
- **Website:** https://www.envestnet.com/
- **Location:** Chicago, United States
- **Founded:** 1999-01-01
- **Employees:** 2774
- **Operating status:** Active
- **Total funding:** $4.5B
- **Sectors / tags:** Fintech, Wealth Management, Financial Planning, Data Aggregation, API Platform, Enterprise Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/envestnet
  - Twitter: https://x.com/Envestnet_
  - Facebook: https://www.facebook.com/Envestnet

## Frequently asked

### What does Envestnet do?

Envestnet provides innovative technology solutions for the future of wealth management, aiming to deliver financial wellness to more people. Their platform offers an ecosystem of interconnected solutions, intelligence, and technologies designed to empower asset managers, RIAs, financial institutions, and financial professionals. They serve these groups by helping them enhance expertise, supercharge practice growth, drive scalable growth, and simplify practice management.

### What is Envestnet's revenue?

StartupHub estimates Envestnet's annual revenue at $825.6M (range $616.0M to $968.9M, 63% confidence), based on comparable companies in the sector.

### What is Envestnet's valuation?

StartupHub estimates Envestnet's effective valuation at $235.0M (range $164.5M to $305.5M, 33% confidence), based on comparable companies in the sector.

### How much funding has Envestnet raised?

Envestnet has raised a total of $4.5B in funding. The most recent round on record is Acquisition.

### Where is Envestnet headquartered?

Envestnet is headquartered in Chicago, United States.

### When was Envestnet founded?

Envestnet was founded in 1999.

### What industry does Envestnet operate in?

Envestnet operates in Fintech, Wealth Management, Financial Planning, Data Aggregation, API Platform, Enterprise Software.

### How many employees does Envestnet have?

Envestnet has approximately 2774 people on record.

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