Falling in love and getting married is a good journey, but there is a troublesome part: pre -marital agreement. The creation of the legal technology company Hello Prenup is to make things easier. The founder Julia Rodgers and Sarabeth Jaffe reached an agreement with Nirav Tolia and Kevin O'Lery. After the performance, Hello Prenup is worth $ 22 million.
Founder
Julia Rodgers is a chief executive, a lawyer family from Boston, Massachusetts. Rodgers obtained a legal degree from the University of Law School in Sammons and took an entrepreneur class at Simmons University.
Sarabeth Jaffe takes care of business technology.
Jaffe has worked in companies such as Microsoft, UNLOOP and Karat. Rogers was a lawyer assistant during college. After graduating, she served as a divorce lawyer in Mavrides Law, Boston.
Create Hello prenup
Over the years, Julia (Julia) discussed with thousands of customers who they wanted, worried and worried. The obtained insights inspired her to launch an online platform with a affordable and fast.
She cooperated with Sarabeth and launched Hello Prenup in 2021, and plans to destroy a $ 550 million market. According to Business Insider, the cost of a typical prenatal agreement may be $ 2,500 to $ 10,000. With Hello Prenup, customers only need to pay $ 599, and they get pre -marital agreements within a few hours instead of getting a pre -marital agreement within a few months.
Unfortunately, the startup was struggling with software issues in the early days. Therefore, they only managed to write more than 25 trains and earned $ 20,000 for life. Obviously, the founder needs help.
The appearance of the shark tank
In the second half of 2021, Julia and Sarabeth entered the tank in the 13th season. Women entrepreneurs are wearing wedding dresses and ask for $ 150,000 in exchange for 10 % of their equity. The two predict that although there is no profit, the company will receive a revenue of $ 4.1 million in 2021.
Shark couldn't help laughing, because the business was still in the early stage. This led to Kevin O'Leary early shrinking early, while others followed suit.
Visit investor Nirav Tolia is the only one left. He proposed that 30 % of 30 % proposed $ 150,000, but the founder believes that the equity is too high. Therefore, they asked other people if they were willing to split the transaction. Mr. WONDING is back again, and 30 % of the two sharks are distributed between $ 150,000.
After the shark tank
Since appearing on the shark tank, HELLO PRENUP's sales have increased by more than 14,000 %, and they have become the best source of Prenup information. The startup also introduced publications such as CNN and Forbes and slowly expanding to more states.
HelloPrenup is available in 32 states, created more than 2,000 training, and saved the couple $ 2,140, 000 (and counting). They started to release updates on HelloPrenUp.com, which provides a player with relationships and life advice. In addition to sharks, Brian Li, the founder of Legalzoom, is an investor.
As of March 2024, the lifelong sales have exceeded $ 3 million, which is worth $ 22 million. Although millennials will inherit millions of dollars from their parents, some people may be more willing to pay more fees for lawyers to ensure that Prenup 100 % IronClad.
Categories: Shark Tank
Source: svlsf.edu.vn