# Yodlee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yodlee

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.yodlee.com
- Total disclosed funding: $107M
- Latest round: Series D (Apr 27, 2012)
- Investors on record: 6

## About

Yodlee, Inc., based in the US, specializes in financial data aggregation and intelligence solutions. They enable financial institutions to enhance customer engagement through innovative financial management tools.Yodlee, Inc. was founded in 1999 in Raleigh, US, providing data aggregation services primarily to financial institutions. In October 2014, Yodlee raised USD 75 mn through an IPO before being acquired by Envestnet for USD 660 mn in August 2015. The company has completed 13 deals to date, with the most recent deal occurring on October 2, 2014.Yodlee offers a comprehensive suite of data aggregation and financial intelligence solutions aimed at enhancing customer experiences for financial institutions. Their core products include Personal Financial Management (PFM), Wealth Management, Credit Solutions, Payment Enablement, Business Financial Management, and Open Finance services, which assist users in managing their financial data effectively. Yodlee serves more than 20 of the top U.S. financial institutions and numerous wealth management firms, with a client base that spans both business-to-business (B2B) and direct-to-consumer markets in North America and Europe.In the most recent financial year, Yodlee reported revenues amounting to USD 89.08 mn, with an EBITDA of USD -1.67 mn. The company generates revenue through subscription-based services and partnerships with financial institutions, facilitating transactions that enhance the financial capabilities of their clients.Following its acquisition by Envestnet, Yodlee plans to leverage its resources to develop new products aimed at expanding its market reach. The company is focusing on launching innovative financial tools and exploring opportunities in emerging markets. The funds raised from its IPO and subsequent acquisition are expected to support these initiatives, with significant investments directed toward technological advancement and market expansion efforts.

## Funding rounds

- Series D, Apr 27, 2012, $8.3M — Institutional Venture Partners, Warburg Pincus
- Series C, May 11, 2010, $10M — Accel, Institutional Venture Partners, Warburg Pincus, Banc of America Securities
- Series B, Jun 4, 2008, $35M — Accel, Institutional Venture Partners, Warburg Pincus, Bank of America
- Series A, Jun 16, 2006, $6M — Accel, Institutional Venture Partners, Warburg Pincus
- Series A, Jan 25, 2005, $12M — Accel, Institutional Venture Partners, Warburg Pincus
- Series A, Oct 20, 2004, $5.1M — Accel, Warburg Pincus
- Series A, Feb 15, 2002, $14M — Accel, Warburg Pincus
- Series A, Oct 27, 1999, $17M — Accel, Hong Shan

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C
- Hong Shan — Series A
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series A, Series B, Series C, Series D
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series A, Series B, Series C, Series D
- Bank of America — Series B
- Banc of America Securities — Series C