# Envestnet Yodlee

Envestnet Yodlee is an other based in Redwood City, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Redwood City, United States
- **Region:** North America
- **Address:** Redwood City, CA, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** envestnet.com/yodlee
- **LinkedIn:** https://www.linkedin.com/company/envestnet-yodlee/

## Regulatory record

- **Reports private funds:** No

## About

Envestnet Yodlee began as a consumer finance startup in 1999 under founder Bill Moffitt, and was acquired by Envestnet for $590 million in 2015. The unit is now the data arm of the larger Envestnet wealth management platform, providing account aggregation, transaction enrichment, and data analytics services. Its wealth origin is not from a family but from a corporate parent — Envestnet itself — which went public in 2010. Yodlee's core offering is its financial data platform: it aggregates account data from thousands of institutions, normalizes and categorizes transactions, and provides APIs for financial apps. The business covers asset classes including cash, investments, credit cards, and loans. Named customers include Betterment, Personal Capital, and Merrill Edge. Geographically, it operates across North America, Europe, and India, with data center presence in the US and EU. The unit employs a large engineering workforce in Bangalore, India, and maintains offices in Charlotte and London. Envestnet as a whole reported over $1.6 billion in revenue in 2024, though Yodlee's revenue is not broken out separately. A notable recent operational event: September 2024: Envestnet completed the acquisition of Advisor360 to expand wealth management software, which directly leverages Yodlee's data capabilities (per Envestnet press release, September 2024). Yodlee's differentiator is its data network effect — as more institutions and apps connect to its APIs, the data coverage and accuracy compound. It operates under the broader Envestnet ecosystem as a data infrastructure provider rather than a standalone investment firm. There is no single-family-office or multi-family-office structure; Yodlee is a commercially owned data platform serving the financial services industry.

## Sectors

- FinTech
- Data Analytics
- Infrastructure

## Offices

- Bangalore, India
- Charlotte, NC, United States
- London, United Kingdom

## People

- Bill Crager — CEO of Envestnet (parent)
- Venkat Krishnan — President, Envestnet Data & Analytics (Yodlee)

## Questions

### Who runs investment decisions at Envestnet Yodlee?

Envestnet Yodlee does not make investment decisions in the traditional sense — it provides data infrastructure. Strategic direction for the Yodlee unit is led by Venkat Krishnan, President of Envestnet Data & Analytics (per the firm's website). The parent company Envestnet's CEO is Bill Crager, who oversees overall corporate strategy.

### How does Envestnet Yodlee source proprietary deal flow?

Yodlee does not source investments. It is a data platform that provides financial data aggregation services to financial institutions, fintechs, and wealth managers. Its 'product' is access to normalized transaction data, not investment capital or deal flow.

### Does Envestnet Yodlee participate in fund commitments or only direct deals?

Yodlee does not make fund commitments or direct investments. It is a data infrastructure business, not an investment vehicle.

### What investment stages does Envestnet Yodlee typically target?

Not applicable. Yodlee is not an investor; it serves clients across all stages — from startups to large financial institutions.

### Which sectors does Envestnet Yodlee explicitly avoid?

Yodlee does not have a stated sector avoidance policy as it is a data platform. It serves any regulated financial services entity that needs account aggregation.

### How is Envestnet Yodlee related to its parent Envestnet?

Yodlee is a wholly owned division of Envestnet, acquired in 2015. It operates as the data and analytics arm, while Envestnet separately provides wealth management platform software, data aggregation, and advisory services (per Envestnet's public filings).

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Last updated: 2026-06-03T20:00:00.000Z

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