Envyl
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Envyl, a Y Combinator Winter 2016 company, offered affordable peer-to-peer international delivery from the US to Ghana and Nigeria. Originally called Shypmate, it renamed to Envyl in April 2017. It raised $120,000 from Y Combinator.
02 / Envyl FAILURE REASONS
Failure reasons
Envyl struggled with funds a year after raising $120,000 from Y Combinator. After renaming from Shypmate and narrowing to Amazon-only orders with weekly limits, operations faltered again; the company went quiet, its social accounts fell silent, and co-founder Chisom Ebinama moved on to a new project. The site now signals an indefinite hiatus, and Techpoint concluded the startup has halted operations.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Envyl goes through Y Combinator's Winter 2016 batch with peer-to-peer international delivery.
- Product launch
Shypmate renames to Envyl and refocuses on deliveries from the US to Ghana.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Peer-to-peer US-to-Ghana/Nigeria delivery
- 02
$120K from Y Combinator
- 03
Funds run dry; orders restricted
- 04
Indefinite hiatus; operations halted