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Envelope

Envelope budgeting made simple

Founded 2022 United States San Francisco, United States 6 employees Seed Finance, Financial Services

General Information

Company Name Envelope
Founded Year 2022
Location United States San Francisco, United States
Employees 6
Industries Finance, Financial Services
Funding Stage Seed
Social

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About Envelope

Envelope is a finance startup founded in 2022 and based in the United States. The company's slogan "Envelope budgeting made simple" encapsulates its mission to provide families with a modern approach to managing their finances. Envelope Money offers a mobile app that functions as users' primary checking account, complete with account/routing numbers and a physical Visa card, all powered by banking partnerships and members FDIC. Users can automate their bills, expenses, goals, and everyday spending through real-time budgeting tools. The startup, co-founded by Josh Cockrell, a former Robinhood executive, and Katelyn Strobel, a former AppLovin team member, received its last Seed Round investment on 06 September 2023. Notable investors in this round include Goodwater Capital, Y Combinator, Pioneer Fund, and NVO Capital. The company is set to launch its app on iOS and Android soon and is actively seeking talent to join its team through a dedicated jobs page. Envelope's innovative approach to modernizing family finance management and its impressive backing from prominent investors make it a promising player in the finance and financial services industries. With its effective budgeting tools and banking partnerships, the startup has the potential to make a significant impact in simplifying financial management for families.

Business keywords: Personal finance management, Mobile app, Budgeting tools, Virtual checking account, Digital banking, Financial automation, Real-time budgeting, Family finance, Direct deposit, Visa card, iOS app, Android app, Financial technology, Startup

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 4
Goodwater Capital, Y Combinator +2
06 Sep 2023

Envelope Alternatives & Competitors

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Envelope vs

Empowering individuals with powerful tools to master personal finance and achieve family budgeting e...

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11-50 employees
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Envelope vs
Ffrees
Ffrees United Kingdom

Ffrees Family Finance Ltd was founded in 2011 and has operated the Ffrees Account since then. Over 5...

Venture round
5 employees
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Envelope vs
Simb
Simb Lithuania

Manage all your family finances and bank accounts from one app.

Seed
3 employees
Finance, Financial Services

FAQ About Envelope

Envelope budgeting made simple
Envelope was founded in 2022.
Envelope is headquartered in San Francisco, United States.
Envelope operates in Finance and Financial Services. Its work centres on Personal finance management, Mobile app, Budgeting tools and Virtual checking account.
Envelope has approximately 6 employees.
Envelope has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to Envelope include Wallet App, Ffrees, Simb, Kestrl, Wildcard. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Envelope and Wallet App are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Envelope, https://bouncewatch.com/company/envelope-2, updated 28 October 2024. When citing, please name BounceWatch and link this page.

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