Founded in 2007 as a professional Call of Duty team under the moniker Team EnVyUs, they fielded rosters in Counter-Strike, FIFA, Fortnite, Gears of War, Halo, League of Legends, Chess, Magic: the Gathering, Overwatch, Paladins, PUBG, Rocket League, SMITE, StarCraft, Super Smash Bros., Street Fighter and Valorant in their original form.

The grand finals consisted of a best-of-11 continuation series re-match with Fariko, where Envy would fall just short after losing 5–6 following a game 11 Search and Destroy, winner-takes-all, showdown.

[7] The following month, on May 5, Team Envy won their first ever prized LAN championship and only Black Ops II title at UGC Niagara.

However, the roster was short-lived as after ESWC 2014, the last event of Ghosts, star AR player Formal and Envy mutually agreed to part ways.

[13][8] In April 2016, Envy acquired Bryan "Apathy" Zhelyazkov and Johnathon "John" Perez to join JKap and Austin "SlasheR" Liddicoat for the latter half of the Call of Duty: Black Ops III season.

The team went undefeated in the group stages and drew a winner's bracket round 1 match-up with heavy favorites OpTic, who they had not defeated on LAN in over two years.

The first three-quarters of the season proved disappointing as the team failed to live up to their Black Ops III success, with their only notable result being a 3rd-place finish at the 2017 MLG Atlanta Open in February 2017.

[30][31] Following the November 2015 Paris terrorist attacks, Envy withdrew from IEM San Jose due to travel safety concerns.

[33] In March 2016, following an 11–12th-place finish at IEM Katowice 2016, Envy benched Fabien "kioShiMa" Fiey due to communication problems and LDLC White's Timothée "DEVIL" Démolon replaced him in the starting line-up.

[36][17] In February 2017, kennyS, apEX, and Nathan "NBK" Schmitt departed to G2 Esports, with Adil "ScreaM" Benrlitom, Cédric "RpK" Guipouy, and Alexandre "xms" Forté joining in their stead.

On June 20, 2018, Team Envy announced they had departed from the Counter-Strike esports scene following the release of their entire CS:GO roster.

[60] Shortly afterwards, in December, the team dethroned OpTic Gaming and won their second championship at the NA HCS Pro League - 2016 Fall Finals.

[61] Their 2016–17 season campaign ended with a runners-up finish at the 2017 Halo World Championship, where the team produced a 5–0 loser's bracket run before losing to OpTic Gaming in the grand finals.

[68] On May 18, 2016, after passing Riot's vetting process, Team Envy officially purchased Renegades’ NA LCS spot in a deal reportedly valued in excess of $1 million.

[69] In their inaugural split, following a perfect 4–0 start, Envy finished in 6th place achieving a playoffs berth, where they were eliminated in the first round.

[70] In the last chance Regional Qualifier for the 2016 League of Legends World Championship, the team once again fell short after losing in the second round to eventual winners Cloud9.

In the Promotion Tournament, they qualified into the 2017 NA LCS Summer Split after defeating Gold Coin United 3–2 in the loser's bracket finals.

[80] Returning home from Korea, Team EnVyUs ended their pre-Overwatch League journey on a high, going undefeated and winning Season 1 of North America's Overwatch Contenders.

[81] On September 20, 2017, Blizzard officially announced that Envy Gaming had acquired the Dallas-based Overwatch League franchise spot, making them one of twelve teams competing in the inaugural season.

[84][85] The team defeated ATL Academy in the 2019 Season 1 Finals by a combined map record of 7–1 to claim their second Overwatch Contenders regional title.

[90][91] Team Envy reentered Rocket League on April 25, 2020, picking up the ex-Ghost roster consisting of players Braxton "Allushin" Lagarec, Massimo "Atomic" Franceschi, Nick "mist" Costello, and coach Spencer "furane" Taub.

They signed on Adam "aKis" Kisseberth, Abdo "C4Lypso" Agha, Pujan "FNS" Mehta, Anthony "mummAy" DiPaolo, and Jake "kaboose" McDonald as their first 5.

[105] On September 18, 2017, Team Envy owner Mike "Hastr0" Rufail confirmed that the organization had secured a multimillion-dollar investment from Hersh Interactive Group.

The deal entailed Hersh serving as strategic partners to the organization, whilst Hastr0 would remain as the principal owner and operator of the team.