Strategic Acquisition Envolve Engineering was acquired by HomeValet in September 2020, indicating a strategic alignment that may open opportunities for integrated IoT and automation solutions tailored to their engineering expertise and expanding service offerings.
Industry Expertise With a multidisciplinary team boasting over 150 years of experience in Automotive, Aerospace, and Consumer Goods, the company is well-positioned to explore advanced engineering, simulation, and automation technologies that can enhance their product development cycle.
Growth Potential Despite its relatively small size with 11-50 employees and revenue under $10 million, Envolve’s capability to deliver rapid design cycles presents opportunities for technology solutions aimed at improving efficiency, project management, and client engagement.
Recent Expansion The acquisition by HomeValet signals potential growth and diversification, creating demand for innovative engineering tools, customized software, or consulting services to support their integration and future expansion strategies.
Technology Stack Using a tech stack that includes Python, Django, and cloud hosting services like IONOS and Apache, Envolve is likely receptive to cloud-based engineering applications, data analytics, and automation tools to streamline their design processes and support their disciplined stage gate methodologies.