Envel (2021)
About this raise
Envel, with a valuation of $35 million, is raising funds on StartEngine. It is a financial technology company that focuses on building autonomous banking. The digital banking application partners with nbkc bank to hold the funds safe and secure. Envel is powered by patent-pending autonomous banking technology and has over 10,000 users since January 2021. Steve Le Roux, Matina Dimitriadou, and Diederik Meeuwis founded Envel in 2017. The current crowdfunding campaign has a minimum target of $9,999.64 and a maximum target of $3,930,043.12. The campaign proceeds will be used to launch new product offerings and increase the number of users.
Investment Overview
Invested : $581,267
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 10/08/2021
- Close Date
- 12/17/2021
$10,000
$3,930,043
$102
Equity - Common
Seed
RegCF
$2.84
$35,040,323
Company & Team
Company
- Year Founded
- 2017
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Funding history
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.