Company	:	Envel, Inc.
Corporate Address	:	75 State Street, Suite 100, Boston, MA 02109
Offering Minimum	:	$9,999.64
Offering Maximum	:	$3,930,043.12
Minimum Investment Amount (per investor)	:	$102.24

Terms

Offering Type	:	Equity
Security Name	:	Nonvoting Common Stock
Minimum Number of Shares Offered	:	3,521
Maximum Number of Shares Offered	:	1,383,818
Price per Share	:	$2.84
Pre-Money Valuation	:	$35,040,323.28

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Special Fund Bonus Shares

First 24 hours - Special Fund Bonus - 250% bonus shares for an investment of at least $149,997

Early Bird Bonus Shares

Next 72 hours - Friends and Family - 15% bonus shares

Next 72 hours - Super Early Bird Bonus - 10% bonus shares

Next 7 days - Early Bird Bonus | 5% bonus shares

Volume Bonus Shares

$50,000+ 5% bonus shares

$100,000+ 10% bonus shares

Envel Swag

Tier 1 perk - ($500 investment) - Envel Owner Card (US investors Only)

Tier 2 perk - ($5,000 investment) - Envel Swag Bag (US investors Only)

Tier 3 perk - ($50,000 investment) - Custom Large Scale Debit card (All Investors are eligible)

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Envel will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Nonvoting Common Stock at $2.84 / share, you will receive 110 shares, meaning you'll own 110 shares for $284. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.