Wedfuly Livestream Weddings Shark Tank Season 13
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Wedfuly Livestream Weddings Shark Tank Season 13
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Wedfuly -Wedding Live Streaming On Shark Tank Season 13

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Wedfuly -Wedding Live Streaming On Shark Tank Season 13

Wedfuly offers a virtual wedding planning and live-streaming service, allowing couples to share their special day with distant friends and family. The platform provides a comprehensive suite of tools to help couples organize and execute their weddings remotely. Founder Caroline Creidenberg secured a $200,000 investment for 10% equity from Robert Herjavec, who saw the potential in this innovative approach to wedding planning. Summary:

    • Company Name: Wedfuly
    • Founder: Caroline Creidenberg
    • Founded: 2018
    • Product: Virtual wedding planning and live-streaming service
    • Asked For: $200,000 for 5% equity
    • Final Deal: $200,000 for 10% equity with Robert Herjavec
    • Season/Episode (Shark Tank USA): Season 13, Episode 5
    • Business Status: In Business
    • Headquarters: Denver, Colorado, USA
    • Lifetime Worth (Sales): Estimated $2M

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    Wedfuly -Wedding Live Streaming Shark Tank Update – Shark Tank Season 13

    Entrepreneur and Software Engineer Caroline Creidenberg Creates Wedfuly.

    Here are summary details and updates;

    • Combining the challenges of expensive weddings and the pandemic, Caroline founded Wedfuly, a virtual wedding solution.
    • On Shark Tank Season 13, she secured a deal with Robert Herjavec for $200,000 for 10% equity.
    • Wedfuly has reached $2 million in annual revenue post Shark Tank appearance.
    • The company announced a merger with national venue provider Wedgewood Weddings in August 2023.

    Shark Tank Update Details:

    • Robert Herjavec accepted the deal for $200,000 for 10% equity.
    • Kevin O’Leary offered $200,000 for 20% equity.

    Wedfuly’s Performance and Sales:

    • Since March 2020, Wedfuly has performed 700 weddings, with 40% being virtual.
    • Sales have reached $1 million, with a profit margin of approximately 75%.

    Media Coverage and Business Model Evolution:

    • Wedfuly was featured in publications like The New York Times, Brides Magazine, Vogue, and Today.
    • Caroline plans to pivot the business model post-pandemic for the changing needs of couples.

    Wedfuly’s Integration with Wedgewood Weddings:

    • Caroline announced the integration in August 2023, taking on a new technology-focused role within Wedgewood.
    • The collaboration aims to bring about exciting opportunities for Wedfuly.

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