Envestnet

Company

Investment-firm

Last deal

$575.M

Amount

Post-IPO Debt

Stage

15.11.2022

Date

12

all rounds

$1.4B

Total amount

General

About Company
Envestnet provides technology-enabled investment solutions and services to financial advisors.

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founded date

01.01.1999

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

They work with independent financial advisors, small or mid-sized financial advisory firms, and larger financial institutions to provide a centrally-hosted technology platform that offers a wide range of investment solutions, services, investment managers, and custodians. Their Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs, while their portfolio management consultants provide research and consulting services to assist advisors. Envestnet acquired Yodlee in 2015 to provide data aggregation services. With $5T in platform assets, Envestnet is transforming the way financial advice is delivered by empowering people to make better sense of their finances and live an Intelligent Financial Life™.
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