Envela Corp

Envela Corporation, through its subsidiaries, provides recommerce and recycling services in the United States. It operates in two segments: Consumer and Commercial. The Consumer segment sells authenticated high-end luxury goods online and through brick-and-mortar stores, including fine jewelry, diamonds and gemstones, luxury watches, and secondary market bullion, as well as precious metal products. The Commercial segment offers end-of-life management of IT assets, including data destruction, asset refurbishment, and remarketing, along with detailed asset disposition data services. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. It was incorporated in 1965 and is headquartered in Irving, Texas.