Piled embankments are traditionally designed by using either guidelines based on simplified limit-equilibrium theories or advanced finite-element (FE) numerical analyses. Both methods have limitations: the former do not allow the assessment of settlements at the top of the embankment, whereas the latter easily become overly complex, hence limiting practical applications. This paper introduces a new mathematical model capable of reproducing, with minimal computational effort, the mechanical response of piled embankments modelled by means of FEs. The model is based on a set of fundamental principles, assumptions and phenomenological equations obtained from a deep understanding of the mechanics behind the FE problem. The model, evaluating average and differential settlements at the top of the embankment during the consolidation of the soft soil, is validated against full-scale test data and benchmarked against independent numerical results. The results are compared with existing formulas to evaluate the critical height of the embankment, demonstrating the great potential of the new model for engineering practice (giving nearly instantaneous displacement-based solutions for the design of piled embankments in a preliminary stage).