Envelope

Envelope is an artificial intelligence company in San Francisco, United States, founded in 2022. It has raised $500K across 1 round, most recently a $500K Seed in June 2023.

Banking with built-in budgeting

Employees
1–10
Founded
2022
Total Funding
$500K
Last Round
$500K SeedJun 2023
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round for this company. The full record is or through the API.

About

Envelope is a banking app with built-in budgeting. It's similar to Mint, Copilot, or Rocket Money, but our app issues you a checking account during onboarding so there's no syncing or flaky bank connections. We are structured to be the primary checking and savings account for our users. We (Josh and Katelyn) are married cofounders who previously worked on Apple Card and the Robinhood iOS app. We started Envelope because we were using clunky tools like the Chase app, spreadsheets, and Mint to run our family finances and realized we could build something better. In the future, you could go set up a Chase account for checking, E-Trade for investing, SoFi for savings, Ally for money market, Greenlight for kid cards, PLUS the Mint/YNAB/Rocket Money to glue it all together + budgeting, or you could just use Envelope. _Envelope is a financial technology company and is not a bank. Banking services provided by Pacific West Bank, Member FDIC. Your funds are FDIC insured up to $250,000 through Pacific West Bank, Member FDIC. The Envelope Visa® Debit Card is issued by Pacific West Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted._

Summary

It lists 1–10 employees. It has raised $500K in total across 1 round, most recently a $500K Seed round in Jun 2023.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed RoundJun 2023
$500K

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