Ellevest, formerly Ellevate Financial, is a financial company built by women, for women, providing solutions for all stages of women's financial lives to help them build wealth.
Ellevest's mission is to get more money in the hands of women.
Ellevest was founded in 2014 by Sallie Krawcheck and Charlie Kroll. The company is headquartered in New York City, New York.
Ellevest's offerings include digital investing tools, banking services, professional career and money coaching, and learning resources, as well as private wealth management for high net worth clients who want a personalized financial strategy that may include impact investing.
Ellevest primarily provides its services to women clients. It manages separate client-focused portfolios. The firm invests in different asset classes in markets across the globe. The firm employs fundamental analysis along with top-down approach to create its portfolios.
Ellevest has built an online community of more than 3 million women working toward financial equality. The company was named best mission-oriented investing service by Bankrate.
Ellevest is backed by Salesforce Ventures, Khosla Ventures, BMO, Contour Venture Partner, PSP Growth, Pivotal Ventures, Rethink Impact, Astia Angels, Halogen Ventures, Cleo Capital, and others. The company raised $53M in Series B round on Apr 06, 2022. This brings Ellevest's total funding to $153.4M to date.