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Envelope

YC S23

San Francisco, US · Founded 2022 · 3 employees · 11 known investors

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Envelope is a financial application that combines budgeting software with checking account and debit card services, allowing users to organize spending through digital envelopes and manage money in a single platform. The product serves personal finance users of all experience levels seeking integrated budgeting and banking in one interface.

Also known as Envelope Money, Inc. · Envelope Money

FintechConsumerNeobankUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (S23)

Envelope was founded in 2022 by Katelyn Strobel and Josh Strobel.

KSKatelyn Strobel
Katelyn StrobelFounderShe previously worked as a marketing consultant before focusing on financial technology and personal finance tools.
JSJosh Strobel
Josh StrobelFounderHe previously contributed to iOS applications at Robinhood and Twitter, and has held engineering roles at Tesla, Microsoft, and Adobe.

Investors · 11

Ineffable Ventureslisted by Ineffable VenturesStamfordvia Jared Kasner · inferred
Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Agrolimen Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Goodwater CapitalreportedBurlingame · $5M – $50M

How we know: Y Combinator's founder network · Not right? Tell us

New Orderreported

How we know: Y Combinator's founder network · Not right? Tell us

Oasis Capitalreported

How we know: Y Combinator's founder network · Not right? Tell us

Peterson Venture PartnersreportedSalt Lake City · $5M – $25M

How we know: Y Combinator's founder network · Not right? Tell us

PioneerreportedToronto, Ontario

How we know: Y Combinator's founder network · Not right? Tell us

Power E HoldingsreportedHouston

How we know: Y Combinator's founder network · Not right? Tell us

Z Nation Lab Growthreported

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Images

Envelope photo

Related companies · 10

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ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
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SoFiSoFi Technologies is a digital personal-finance company offering student and personal loans, mortgages, investing, banking and credit cards through one app; it went public on the Nasdaq in 2021 via SPAC.
WHIZWhiz is a fintech application in Indonesia that offers high-yield savings products, including a Smart Saver deposit account (6.75% p.a.) and daily savings features, with funds secured by the Lembaga Penjamin Simpanan (LPS) deposit guarantee scheme. The app also provides payment services via QRIS and bill-splitting functionality for individual savers.
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FinderFinder is a personal finance comparison platform that helps consumers find deals on savings accounts, bank bonus offers, and rates. It also publishes money-saving content such as budgeting and savings challenges.
Capital OneCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.

Companies working in the same space as Envelope.

Legal entities · 1

corporate structure
Envelope Money, Inc.

In the news

Envelope ✉️ Budgeting app with built-in bankingycombinator.com · Aug 2023Announcing Envelope Precision: Weekly, Daily, and Paycheck percentage Funding | Envelope Help Centerhelp.envelopebudgeting.com

Frequently asked questions

What does Envelope do?
Envelope is a financial application that combines budgeting software with checking account and debit card services, allowing users to organize spending through digital envelopes and manage money in a single platform. The product serves personal finance users of all experience levels seeking integrated budgeting and banking in one interface.
Who founded Envelope?
Envelope was founded by Katelyn Strobel, Josh Strobel in 2022.
Who are Envelope's investors?
Envelope's investors include Gurtin Ventures, Ineffable Ventures, Y Combinator, Agrolimen Ventures, Goodwater Capital, New Order, Oasis Capital, Peterson Venture Partners and 3 more.
Where is Envelope headquartered?
Envelope is headquartered in San Francisco, US.