REDWOOD CITY, Calif.
,
Dec. 6, 2018
/PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced the members of the newest Envestnet | Yodlee Incubator class. An award winning program, the Envestnet | Yodlee Incubator connects disruptive data-driven startups with the mentorship, strategic guidance, and continuous guidance on all aspects of growing a business, while also providing free access to the leading Envestnet | Yodlee Data Platform. The success of the Envestnet | Yodlee Incubator can be seen in venture capital investments, with the 32 graduates across four cohorts raising
$82 million
in funding since graduating.
This year's cohort builds on the success of previous years and was selected from a record-breaking global application pool that includes startups in the burgeoning insuretech and healthtech categories, new sectors like customer loyalty programs, and established verticals such as wealth management and small business accounting. All members of the class share Envestnet | Yodlee's commitment to growing the fintech ecosystem and helping consumers improve their financial outcomes.
"We have the privilege of working with leading entrepreneurs from around the world to potentially change the landscape of the financial technology ecosystem," said
Jeff Cain
, Incubator Director at Envestnet | Yodlee. "Our portfolio of incubator companies collaborates with our business to drive innovation, developing cutting-edge technology across a variety of sectors that rely on financial data. We look forward to continuing to multiply those efforts for years to come."