Overview
News
Salaries
Products
People
Growth
Offices
Financials

Funding and backers

Total raised
$3.2M
6 rounds on record
Latest round
$500k
Venture round · Jul 2021 · 5 yr ago
Team
11-50
employees, estimated range
Revenue
$1M
2020 · SEC Form D 0001775046-20-000004
The money's age
Long since its last round
62 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jul 7, 2021 Raised a round Venture round $500k · SEC Form D Dec 17, 2020 Took on debt financing $931k · SEC Form D Dec 17, 2020 Took on debt financing $931k · SEC Form D Mar 13, 2019 Took on debt financing $1.1M · SEC Form D Mar 13, 2019 Raised a round Convertible Note $2.7M · SEC Form D Mar 13, 2019 Took on debt financing $1.1M · SEC Form D 2017 Founded
Funding rounds
RoundDateAmountInvestorsSource
Venture round Jul 2021 $500k — SEC Form D
Debt Financing Dec 2020 $931k — SEC Form D
Debt Financing Dec 2020 $931k — SEC Form D
Convertible Note Mar 2019 $2.7M — SEC Form D
Debt Financing Mar 2019 $1.1M — SEC Form D
Debt Financing Mar 2019 $1.1M — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity Envel, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Stephen RouxExecutive Officer, DirectorSEC Form D
Stephen Le RouxExecutive Officer, DirectorSEC Form D
Craig BondExecutive Officer, DirectorSEC Form D
Matthew ArmandiExecutive OfficerSEC Form D
Alwyn Van WykExecutive OfficerSEC Form D
Brian HigdonExecutive OfficerSEC Form D
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Overview

2018. June 20, 2023 BM Technologies (NYSE: BMTX) Announces Acquisition of Envel, Inc.'s Software Technology.

News

News thefinancialbrand.com 3 years ago
The Battle for Consumer Attention in the Digital Banking War
June 20, 2023 BM Technologies (NYSE: BMTX) Announces Acquisition of Envel, Inc.'s Software Technology
Read more
Report
News benzinga.com 3 years ago
Big Banking, Big Problems: Is it Time for an Alternative?
June 20, 2023 BM Technologies (NYSE: BMTX) Announces Acquisition of Envel, Inc.'s Software Technology
Read more
Report
News fintechfutures.com 5 years ago
Envel bank launches "driverless" money management tech
December 9, 2021 Envel accepted onto Mastercard Start Path program
Read more
Report
News fintechfutures.com 5 years ago
US challenger bank Envel emerges for auto-pilot action
November 19, 2021 Big Banking, Big Problems: Is it Time for an Alternative?
Read more
Report
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People

Stephen Roux
Executive Officer, Director
Stephen Le Roux
Executive Officer, Director
Craig Bond
Executive Officer, Director
Matthew Armandi
Executive Officer
Alwyn Van Wyk
Executive Officer
Brian Higdon
Executive Officer
Diederik Meeuwis
Executive Officer
Ted Hill
Director
John Paul Rollert
Director
Paul Pagnato
Director
Mike Baxter
Director
Lisa Nelson
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Boston United States
HQ
10-50 est. staff

Financials

Est. Annual Revenue
$500k
2020
Total raised
$7.3M
Latest round
Venture - Series Unknown
Funding rounds
6
Funding rounds
Round Announced Amount
Venture - Series Unknown 2021 $500k Details
Debt Financing 2020 $931k Details
Debt Financing 2020 $931k Details
Convertible Note 2019 $2.7M Details
Debt Financing 2019 $1.1M Details
Debt Financing 2019 $1.1M Details