Envestnet Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Private

  • Employees
  • 2,716

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 8

  • Investments
  • 30

Envestnet General Information

Description

Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.

Contact Information

Website
www.envestnet.com
Formerly Known As
Envestnet Asset Management Group Inc
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 1000 Chesterbrook Boulevard
  • Suite 250
  • Berwyn, PA 19312
  • United States
+1 (312)
Primary Industry
Financial Software
Other Industries
Asset Management
Other Financial Services
Vertical(s)
FinTech
Former Stock Listing
30E
Corporate Office
  • 1000 Chesterbrook Boulevard
  • Suite 250
  • Berwyn, PA 19312
  • United States
+1 (312)

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Envestnet Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Envestnet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers,
Financial Software
Berwyn, PA
2,716 As of 2025

Concord, CA
 

Charlotte, NC
 
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Envestnet Competitors (49)

One of Envestnet’s 49 competitors is AssetMark Financial Holdings, a Private Equity-Backed company based in Concord, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AssetMark Financial Holdings Private Equity-Backed Concord, CA
Adhesion Wealth Advisor Solutions Formerly PE-Backed Charlotte, NC
InvestEdge Private Equity-Backed Canonsburg, PA
Addepar Venture Capital-Backed Mountain View, CA
InvestCloud Private Equity-Backed West Hollywood, CA
You’re viewing 5 of 49 competitors. Get the full list »

Envestnet Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Envestnet Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Envestnet Investments & Acquisitions (30)

Envestnet’s most recent deal was a Later Stage VC with FIDx for . The deal was made on 10-Nov-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
FIDx 10-Nov-2022 Later Stage VC Financial Software
Redi2 Technologies 01-Jul-2022 Merger/Acquisition Financial Software
Truelytics 01-Jul-2022 Merger/Acquisition Business/Productivity Software
401kplans.com 31-May-2022 Merger/Acquisition Other Financial Services
Ellevest 06-Apr-2022 Later Stage VC Financial Software
You’re viewing 5 of 30 investments and acquisitions. Get the full list »

Envestnet Exits (2)

Envestnet’s most recent exit was on 14-Oct-2021 from YieldX. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
YieldX 14-Oct-2021 Completed
Upside Financial 24-Feb-2015 Merger/Acquisition Completed
To view Envestnet’s complete exits history, request access »

Envestnet Affiliates

Subsidiaries (6)

Name Industry Location Year Founded
Folio Dynamics Holdings Chicago, IL 2018
Truelytics Austin, TX 2016
401kplans.com Naples, FL 2016
Harvest Savings & Wealth Technologies Larkspur, CA 2014
Yodlee Raleigh, NC 1999
You’re viewing 5 of 6 affiliates. Get the full list.  »

Envestnet FAQs

  • When was Envestnet founded?

    Envestnet was founded in 1999.

  • Where is Envestnet headquartered?

    Envestnet is headquartered in Berwyn, PA.

  • What is the size of Envestnet?

    Envestnet has 2,716 total employees.

  • What industry is Envestnet in?

    Envestnet’s primary industry is Financial Software.

  • Is Envestnet a private or public company?

    Envestnet is a Private company.

  • What is the current valuation of Envestnet?

    The current valuation of Envestnet is .

  • What is Envestnet’s current revenue?

    The current revenue for Envestnet is .

  • How much funding has Envestnet raised over time?

    Envestnet has raised $248M.

  • Who are Envestnet’s investors?

    Bain Capital, Fidelity Investments, Franklin Templeton, Reverence Capital Partners, and State Street Global Advisors are 5 of 6 investors who have invested in Envestnet.

  • Who are Envestnet’s competitors?

    AssetMark Financial Holdings, Adhesion Wealth Advisor Solutions, InvestEdge, Addepar, and InvestCloud are some of the 49 competitors of Envestnet.

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