Impact:Used one universal API for multiple integrationsSaved months of engineering timeIncreased revenue with new pricing tier for email sync
The Nylas Email API provides Wealthbox with a single and secure point of integration to connect to email
Wealthbox is a fast-growing CRM (customer relationship management platform) for financial advisors. The founders, CEO John Rourke and CTO Dan Ferranti, saw an opportunity to create a modernized CRM in the wealth-tech space by building their platform with their target customer in mind: financial advisors.
The Wealthbox team built their CRM on a modern, cloud-based infrastructure and introduced features that make financial advisors more efficient than ever before. In addition to the time-saving features they built, Wealthbox also innovated on traditional CRMs in the space by building integrations with modern work tools, including Slack, Zapier, and Twilio.
More recently, the team decided to build an embedded email client on the Wealthbox platform, called Wealthbox Mail, to send email and sync with users’ email systems – and they turned to the Nylas APIs to do it.
Need for a single, secure point of integration
Email is the foundation of most customer relationships, which makes it a critical feature in every CRM. “We always knew that a successful CRM needed a tight email integration, but that’s easier said than done. Fusing everything together with great product design in mind — from a user’s emails to their contacts, and calendar — in the CRM platform was hard to do because there were so many different email providers we needed to connect to, such as Gmail, Office 365, and Exchange just for starters,” says Rourke.
The Nylas APIs provided Wealthbox with a single and secure point of integration that sits on top of all of the other email APIs out there, allowing the engineers to only build one integration rather than many. But that wasn’t the only benefit.
Wealthbox is building a modern CRM for financial advisors. With the help of the Nylas APIs, they produced key email features that meet financial advisor’s needs for security and productivity.
Two-way email sync & send
The Nylas APIs provide two-way email, calendar, and contacts sync between a single user’s inbox and the Wealthbox CRM. Users can even compose and send email from within the Wealthbox platform, saving financial advisors time by reducing the need for context switching and eliminating the need for manual data entry between the user’s inbox and the CRM. With elegant email-to-CRM workflows, productivity is enhanced in Wealthbox’s unique product design.
Email templates for financial advisors
National advisory networks struggle to manage the hundreds of registered independent advisors (RIAs) they work with around the country. These large network firms need a CRM that allows independent offices to work in different workspaces but use the same email templates to standardize prospect and client communications. Nylas powers Wealthbox email templates with these features. “The Wealthbox Mail feature [powered by the Nylas APIs] is amazing,” says Jason Wenk, CEO of FormulaFolios, an RIA network and Inc.’s 10th fastest private growing US company. “It allows us to standardize and optimize our email communications with clients in a super simple way.”
Group email accounts
With the help of the Nylas API, the Wealthbox CRM allows users to create group email accounts so that financial advisory practices with client service teams can collaborate better and work with their customers more efficiently. Now, if an advisor is out on vacation or sick for the day, any team member can log into the CRM, see the most recent communications with clients, and respond via email (powered by the Nylas APIs) — all within the Wealthbox CRM.
For Wealthbox, the Nylas APIs are like Stripe for email
Nylas works a layer of abstraction that saves engineers the headache of working with APIs from legacy email providers. “I think of Nylas as the Stripe for email. Before Stripe existed, you had to dig into APIs that you really just didn’t want to work with (they weren’t rest APIs, http or JSON APIs). When Stripe came along, they built a layer of abstraction in front of the complicated legacy APIs, and their version was straight simplicity. Nylas has done exactly that for us — we now have one email API to work with as opposed to many, which made it drastically simpler for us to build this integration,” says Ferranti.
"[Nylas] essentially does all we want in a single solution. It’s flexible enough for us to design a user experience tailored to our needs, but also easy enough to leverage out-of-the-box SDKs to start testing demand for these features as quickly as possible”
"Now Nylas does the heavy lifting for us. It’s a huge advantage to not have a dedicated team in-house maintaining our integration. The infrastructure they provide makes the partnership hugely beneficial”
“There was no reason to try and reinvent the wheel; Nylas was already a proven solution. Nylas has put a lot of time and effort into its solution, which gave us comfort in having that level of security."
– Divya Prashanth
CEO and Co-Founder of MySocialPulse.
“Working with Nylas has enabled us to move way faster in the way we build products. Everyone I’ve worked with is an expert and it’s put the project on rails in regards to how we interact with email and calendar APIs. This has freed up 50% of our engineering team’s time that was previously spent working on email connectors.”
– Isaac Nassimi
Chief Product Officer, CIENCE Technologies
“Our primary use case is not scheduling meetings. We have such a complex platform that we can’t implement every solution on our own, so we look for the best solutions in the market. We needed a secure and reliable way to support our millions of users, that’s why we chose Nylas.”
“A big value that Nylas has brought us has been removing the ambiguity with the review process. They helped us navigate exactly how we should approach it and had the answers for all the questions we had. To this day, we’ve passed each of our verification steps. Nylas is a great partner and it’s been a huge benefit that we could feel certain that the process was going to go smoothly.”
– Monika Abraham
Product Operations Manager at Crunchbase
“By choosing Nylas’ Express Security Review service, we saved 40% from our first security review. And since our second review was quoted higher, we likely saved even more in costs that we can reinvest back in our business.”
“We have millions of emails sent each week. Nylas frees us up to focus on other roadmap priorities, such as delivering new features to our customers and working with our data science team on exciting new projects.”