When was Envelope Money founded?

Envelope Money was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Envelope Money located?

Envelope Money is headquartered in San Francisco, United States.

Who is the current CEO of Envelope Money?

Katelyn Strobel of Envelope Money. They have also founded 1 company.

How many employees does Envelope Money have?

As of Jan 31, 2026, the latest employee count at Envelope Money is 7.

Is Envelope Money a funded company?

Envelope Money is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2023.

When was the latest funding round of Envelope Money?

Envelope Money's latest funding was a $***** Seed round on 2023, with participation from 1 investor. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $1.58B in funding in 2026 to date.

Where does Envelope Money rank among its competitors?

Envelope Money ranks 64th amongst 157 active competitors, of which 33 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Stavtar Solutions, which secured $55M in Aug, 2025.

Who are the top competitors of Envelope Money?

Envelope Money's top competitors include Monarch, Mint and Expensify. Among them, Stavtar Solutions secured the most recent funding round in August, 2025.

Envelope Money - 2026 Company Profile, Team, Funding & Competitors

Envelope Money is a seed company based in San Francisco (United States), founded in 2022 by Josh Cockrell Strobel and Katelyn Strobel. It operates as a Neobank that combines envelope budgeting with banking. Envelope Money has raised $500K in funding from Y Combinator. The company has 157 active competitors, including 33 funded and 10 that have exited. Its top competitors include companies like Monarch, Mint and Expensify.

Company Details

Neobank that combines envelope budgeting with banking. It offers a gamified consumer banking platform with built-in envelope budgeting, allowing users to set target amounts or dates and automate the budgeting process. Users can also move money between envelopes.

Key Metrics

Founded Year

2022

Location

San Francisco, United States

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, 2023, $*****

Investors

Y Combinator

Ranked

64^th among 157 active competitors

Employee Count

7 as on Jan 31, 2026

Similar Companies

Money Forward & 853 more

View Envelope Money's full profile

Envelope Money has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. Envelope Money has 1 institutional investor.

Here is the list of recent funding rounds of Envelope Money:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	2354	Seed	1520	4414	3385	2594

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View details of Envelope Money's funding rounds and investors

The founders of Envelope Money are Josh Cockrell Strobel and Katelyn Strobel. Katelyn Strobel is the CEO of Envelope Money.

Here are the details of Envelope Money's key team members:

Josh Cockrell Strobel: Co-Founder of Envelope Money.
Contact Info: 1 email address
Katelyn Strobel: Co-Founder & CEO of Envelope Money.
Contact Info: 1 email address

View details of Envelope Money's Founder profiles and Board Members

Envelope Money's employee count trend

Envelope Money has 7 employees as of Jan 26. Here is Envelope Money's employee count trend over the years:

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Top competitors of Envelope Money include Monarch, Mint and Expensify. Here is the list of Top 10 competitors of Envelope Money, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Monarch 2018, Covina (United States), Series B	Online platform for expense management for couples, advisors, and employers	$94.8M	Forerunner, Menlo Ventures & 6 others	74/100
2nd	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.4M	Pitango, Morgenthaler & 10 others	66/100
3rd	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	OpenView, SV Angel & 11 others	65/100
4th	Quicken 1983, Menlo Park (United States), Acquired	Online finance and expense management software	-	American Pacific Group	62/100
5th	Stavtar Solutions 2017, New York City (United States), Series A	Provider of software automating business spend and expense allocation for firms	$60.3M	Elephant Venture Capital, Global Incubation Services ... Read more	55/100
6th	Rocket Money 2015, Silver Spring (United States), Funding Raised	Provider of financial management tools for subscription tracking, budgeting, and bill negotiation	-	NFX, ACE & Company & 2 others	52/100
7th	Sift wallet 2015, San Francisco (United States), Seed	Credit card benefits tracker	$1.67M	Point Reyes Management, Band of Angels & 6 others	52/100
8th	PocketSmith 2008, Dunedin (United States), Unfunded	Personal finance software for budgeting, forecasting, and managing money	-	-	52/100
9th	myWisely 2017, Roseland (United States), Unfunded	Personal financial management platform	-	-	50/100
10th	Qube Money 2015, Pleasant Grove (United States), Series A	Provider of digital cash envelope banking and budgeting mobile application	$2.05M	-	50/100
64th	Envelope Money 2022, San Francisco (United States), Seed	Neobank that combines envelope budgeting with banking	$500K	Y Combinator	26/100