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Artificial Intelligence | Machine Learning | Natural Language Processing Envel | Smartest Bank Account


Banking, Financial Services, Consumer Banking, Money Management Boston, MA, United States

Envel

Artificial Intelligence | Machine Learning | Natural Language Processing


Envel | Smartest Bank Account

Envel

Banking, Financial Services, Consumer Banking, Money Management


Boston, MA, United States

Envel is a financial services company that specializes in the fields of consumer banking, fintech, money management, and wealth management. It features and autopilots software platform that uses the power of Artificial Intelligence to guide your finances in real-time. Banking is boring, we want to make it fun and effortless! Despite the many Apps, Gen Zs and Millennials still find managing money tough, and frankly many just don't have time to act prudently.

Envel has developed patent-pending AI banking tech to help take care of personal finances 24/7 in a way that benefits the user’s pockets and not the middleman. Envel is initially geared towards helping keep college students cash in check, and aim to eventually help more than one million college students get out of debt.

 

B2C, B2B

26 to 50

Pre-Seed

$2,725,000

Scaling Up

2018

 
 

Financial Services
Banking

N/A

Increase Productivity
Revenue Growth

 
 

Finance
Service

Yes

Active

 
 

   Machine Learning
   Natural Language Processing
   Automated Planning and Search


N/A


Text

Text

Time Series

Time Series

 

   Software


N/A


N/A

 
 

View All

Senior Software Engineer

Cape Town

Community Marketing Manager

Boston, Massachusetts

Envel User Support Manager

Boston, Massachusetts

 
 

2

1

$0

Company was founded 2018 and it took almost 2 years (Dec 2020) to raise first external round

 
 

Date

Round

$ Raised

Investors

12/08/2020

Seed

Undisclosed

Global Millennial Capital, Meyer Equity

Date : 12/08/2020

Round: Seed

$ Raised: Undisclosed

Investors: Global Millennial Capital, Meyer Equity

 
 
Ted Hill


Ted Hill
COO

John DiThomas


John DiThomas
CCO

Diederik Meeuwis


Diederik Meeuwis
Co-Founder