hello prenup net worth

Falling in love and getting married is a wonderful journey, but there'south a troublesome function in between all of this: the prenuptial understanding. Legal tech firm Hello Prenup was created to make things easier. Founders Julia Rodgers and Sarabeth Jaffe took it to Shark Tank and scored a deal with Nirav Tolia and Kevin O'Leary. As of 2023, Hello Prenup is worth $1.5 million.

About the Founders

Julia Rodgers is the legal caput of the company. She comes from a family unit of lawyers in Boston, Massachusetts. She earned a law degree from Suffolk University Police force School and took entrepreneurial classes at Simmons University.

The ane who takes care of the technical attribute of the business is Sarabeth Jaffe. She is a software engineer from Seattle, Washington, and has a information science caste from Rensselaer Polytechnic Institute.

Jaffe has worked for companies similar Microsoft, Unloop, and Karat. Rodgers worked as a paralegal at established firms while in college. After graduating, she was hired as a divorce chaser at Mavrides Law Boston.

Establishing the Company

Over the years Julia has talked to thousands of clients about what they wanted from a prenup, their worries, and their concerns. The insights she received inspired her to start an affordable and quick online platform.

She teamed up with Sarabeth to kickoff working on the business. They launched Hello Prenup in 2021 with ambitious plans of disrupting a $550 million market. Co-ordinate to Business organisation Insider, a typical prenuptial agreement tin can cost $ii,500 to $10,000. With How-do-you-do Prenup customers only need to pay $599 and get a prenuptial agreement in hours instead of months.

Unfortunately, the startup struggled with software issues in the early days. Considering of this, they but managed to write over 25 prenups and fabricated $xx,000 in lifetime sales. Information technology'southward clear the founders needed aid.

Shark Tank Appearance

In late 2021, Julia and Sarabeth entered the Tank during season 13. The female entrepreneurs arrived wearing wedding dresses and asked for $150,000 in exchange for 10% disinterestedness. The duo predicted the company would make $4.ane million in revenue in 2021 despite not being profitable.

The Sharks couldn't help merely laugh equally the business was still in the early stages. This caused Kevin O'Leary to dorsum out early and others followed suit.

Invitee investor Nirav Tolia was the merely one left. He proposed $150,000 for 30%, but the founders thought the pale was too high. Then, they asked if someone else was willing to split the deal. Mr. Wonderful stepped dorsum in, and $150,000 for 30% was split betwixt the 2 Sharks.

After Shark Tank

Since featuring on Shark Tank, Hello Prenup'southward sales increased past 600%, and are the number one source online for prenup information. They accept also been featured in publications such every bit CNN and Forbes, and are slowly expanding into more than states. HelloPrenup is available in 32 states, created 2,000+ prenups and has saved couples $2,140,000 (and counting).

They started publishing their own updates on HelloPrenup.com, which features The HelloPrenup podcast for relationship and life advice. In addition to the Sharks, the founder of LegalZoom, Brian Liu is also an investor.

Julia and Sarabeth oasis't shared whatever acquirement figures just their visitor is worth an estimated $one.5 1000000. Information technology's even so as well early to tell whether the company volition be a success. Although millennials will inherit millions from their parents, some might adopt to pay more for a lawyer to ensure the prenup is 100% ironclad.

Started in 2017, Techiegamers is now abode to over 500,000 visitors every month and has been featured on websites such equally the LA Times, Yahoo, MSN and many more than.

Source: https://techiegamers.com/hello-prenup-net-worth/