Hello Prenup On Shark Tank Update – Shark Tank Season 13
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Hello Prenup On Shark Tank Season 13
Hello Prenup is an online platform that simplifies the process of creating prenuptial agreements for engaged couples. Co-founders Julia Rodgers and Sarabeth Jaffe designed the service to be affordable and accessible, making prenups less intimidating. They received a $150,000 investment for 30% equity from Kevin O’Leary and guest shark Nirav Tolia. Summary:
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- Company Name: Hello Prenup
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- Founders: Julia Rodgers, Sarabeth Jaffe
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- Founded: 2018
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- Product: Online prenuptial agreement service
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- Asked For: $150,000 for 10% equity
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- Final Deal: $150,000 for 30% equity with Kevin O’Leary and Nirav Tolia
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- Season/Episode (Shark Tank USA): Season 13, Episode 6
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- Business Status: In Business
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- Headquarters: Boston, Massachusetts, USA
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- Lifetime Worth (Sales): Estimated $500K
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- Investors: Kevin O’Leary, Nirav Tolia
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- Go To Amazon: Check Now
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- Watch On: Amazon Prime
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Description
Hello Prenup On Shark Tank Update – Shark Tank Season 13
Hello Prenup, co-founded by Julia Rodgers and Sarabeth Jaffe, appeared on Shark Tank during Season 13, where they sought $150,000 for a 10% equity stake. They successfully secured a deal with Kevin O’Leary and guest shark Nirav Tolia for $150,000 in exchange for 30% equity.
Post-Shark Tank Show Developments
Since their appearance, Hello Prenup has made notable progress:
- Sales Growth: The company has achieved over $1.5 million in lifetime sales. Following their Shark Tank episode, they experienced a significant increase in web traffic, rising from 2,800 visitors per month to over 30,000.
- Market Expansion: Initially serving 18 states, Hello Prenup expanded to 31 states and Washington D.C. by June 2022, with plans to cover all 50 states. However, as of January 2023, they had not yet expanded beyond 32 states.
- Revenue: By 2023, Hello Prenup generated approximately $400,000 annually, reflecting its growing popularity and demand for prenuptial agreements.
- Strategic Partnerships: In September 2022, LegalZoom founder Brian Liu joined the team as an investor and advisor, further enhancing their credibility and business strategy.
- Future Plans: The founders are exploring opportunities to expand their services to include postnuptial agreements and other family law-related documents.