Investor Type | Firm |
Industries | Businesses Solutions • FinTech (& Financials services) • A.I. (& Big Data) • Developer tools • Insurance (& InsurTech) • Local commerce • Payments |
Stages | Pre-seed, Seed |
Investing | United States |
Envestnet | Yodlee Incubator is an investment fund that specializes in pre-seed and seed-stage investments. Focusing on financial technology, commonly known as FinTech, they are particularly interested in startups that offer innovative solutions to consumers or small to medium businesses (SMBs). A key criterion for their investment is that portfolio companies must utilize Yodlee data, as leveraging this data is central to the Incubator's investment thesis. Yodlee data is a critical part of Envestnet | Yodlee's overall ecosystem, providing extensive financial data aggregation and analytics.The Incubator supports a variety of industries, including Business Solutions, FinTech, Financial Services, Artificial Intelligence, Big Data, Developer Tools, Insurance, InsurTech, Local Commerce, and Payments. As they state on their website, 'Our mission is to help as many Americans as possible to see their complete financial data.' Their investment activities are centered around fostering innovation in the financial sector by providing access to their rich network of financial data, tools, and services. They partner with more than 1,500 financial institutions and FinTech innovators, including 15 of the top 20 U.S. banks, to maintain a vast data network.By leveraging the massive scale of financial data within their platform, Envestnet | Yodlee Incubator fuels strategic insights and innovations in portfolio management, risk management decision-making, competitive landscape insights, and customer affinity data analytics. The firm's significant experience and security infrastructure, which includes over 50 issued patents, underscore its domain authority in financial data management, security, and responsible data exchange. Moreover, Envestnet | Yodlee Incubator extends their insights beyond financial services, recently moving into healthcare by partnering with online platforms to provide pharmaceutical data and analytics, reflecting their ambition to empower consumers across different sectors.