HelloPrenup Shark Tank Net Worth 2023
Hello Prenup is an online prenuptial agreement platform that was pitched on Shark Tank episode 1307 by Sarabeth Jaffe and Julia Rogers. They were seeking $150,000 for 10% of their company.
Kevin O’Leary and Nirav Tolia offered them $150,000 for 30% equity (50/50 split). Hello Prenup was worth $1.5 million before Shark Tank, but the deal signed on the show was worth $535k.
The company projected $4.1 million in sales for 2021.
As of December 2022, Hello Prenup is expanding slowly and almost covering most of the United States now. However, there is no information available about its net worth in 2023 or whether it will continue to grow.
What is HelloPrenup? Who is the founder of HelloPrenup?
HelloPrenup is an innovative online platform that allows couples to create prenuptial agreements quickly and affordably.
Unlike traditional methods that can take months and cost thousands of dollars, HelloPrenup streamlines the process and reduces costs to a fraction of the standard rate.
Julia Rodgers, the CEO, and Sarabeth Jaffe, the CTO, are the masterminds behind HelloPrenup. They are committed to helping every couple build a strong foundation for their marriage through open communication and financial transparency.
Using HelloPrenup is easy. Couples simply register for an account, invite their partner, and complete a questionnaire. The platform’s simplicity and affordability make it the prenuptial agreement platform of choice for young couples.
In addition to Rodgers and Jaffe, the HelloPrenup team includes Head of Marketing Lauren Lavender and Digital Strategist Droug Julian. Rodgers, who is also an attorney specializing in family law, believes that couples benefit from being more involved in the prenuptial agreement process.
The platform costs $599, which is significantly less than the thousands of dollars that lawyers charge for similar services.
After completing the questionnaire, users must pay the online fee before downloading the completed agreement. If desired, couples may still choose to engage a lawyer to review the documents.
Rodgers emphasizes that prenuptial agreements can actually strengthen relationships by ensuring that both spouses are on the same page financially from the outset. HelloPrenup is leading the way in making prenuptial agreements accessible and affordable for all.
HelloPrenup Shark Tank Pitch
Sarabeth Jaffe and Julia Rogers pitch their online prenuptial agreement platform, HelloPrenup, on Shark Tank episode 1307.
The two enter the Tank as brides seeking $150,000 for a 10% stake in their company, which is valued at $1.5 million.
During the pitch, they discuss their company and how they came up with the idea for it. Julia, who is a family law attorney, founded the company in March 2020, and Sarabeth joined to help with the repairs.
Despite being in the wedding industry, the company faced software troubles, and as a result, they only had $20,000 in lifetime sales.
However, they projected $4.1 million in sales by 2021, which the Sharks found to be unrealistic. The cost of their service is $599, compared to the average traditional prenuptial agreement cost of $5000.
After discussing their challenges and business model, most of the Sharks decline to invest. However, Nirav offers $150,000 for 30% equity, which they counter with a 20% stake.
Nirav eventually agrees to 25%, and Kevin joins in on the deal. The women plan to use the investment to expand their services beyond the 18 states they currently serve.
Following their appearance on the show and the completion of the deal with Nirav and Kevin, HelloPrenup experienced a surge in online traffic and sales.
They intend to hire lawyers to conduct legal research to expand to new states. As of January 2022, the company is still in operation.
Net Worth of HelloPrenup
The company valuation was $1.5 million during the pitch after Nirav and Kevin investment the company valued at $500,000.
Since then the company is still operating and hence the company net worth might have increased.
Helloprenup Shark Tank Updates
Hello Prenup is a company that provides a quick, inexpensive prenuptial agreement service. The company was founded by divorce lawyer and software engineer Julia Rodgers and Sarabeth Jaffe.
The entrepreneurs appeared on Shark Tank Season 13 and landed a deal with Kevin O’Leary and Nirav Tolia. The deal closed in December 2021. The sharks invested $150,000 for 30% of the company.
After the Shark Tank appearance, Hello Prenup’s website had 30,000 monthly visitors compared to 3,000 before the episode aired. Sales increased by nearly 600% . The company expanded to more than 50 states in the US and started the service for Washington DC.
The company’s sales increased by 500% after the Shark Tank appearance. Hello Prenup’s current valuation is $1 million.
The entrepreneurs admitted that they had some issues with the software, leading to them writing a total of 25 prenups. However, they have ironed out the kinks and are working to become profitable. The sharks were not impressed with the numbers, but they still invested in the company.
The entrepreneurs believe that having Kevin O’Leary and Nirav Tolia in their corner will be perfect.
HelloPrenup Shark Tank Table Summary:
| INFORMATION | DETAILS |
| Name | Hello Prenup |
| Founders | Julia Rodgers (CEO) and Sarabeth Jaffe (CTO) |
| Shark Tank Episode | 1307 |
| Amount Sought on Shark Tank | $150,000 |
| Equity Offered on Shark Tank | 25% |
| Shark Investors | Kevin O’Leary and Nirav Tolia |
| Valuation Before Shark Tank | $1.5 million |
| Valuation After Shark Tank | $535,000 |
| Projected Sales for 2021 | $4.1 million |
| States Covered | Almost all of the United States |
| Net Worth as of December 2022 | Not available |
| Valuation After Shark Tank Update | $1 million |
HelloPrenup FAQs
What Is Helloprenup?
HelloPrenup is an online platform that allows couples to create a valid prenuptial agreement in hours instead of months, and for a fraction of the cost of traditional methods.
The platform was created by family law attorneys who wanted to streamline the process of creating a prenup and make it affordable, fast, comprehensive, and collaborative.
HelloPrenup’s agreements are created with state-specific requirements and allow couples to add or remove clauses based on their specific needs or desires for their agreement.
HelloPrenup costs a flat, one-time fee of $599 per couple, which is a fraction of the cost of traditional methods.
Most states do not require either party to be represented by an attorney in order to enter into a prenuptial agreement, but HelloPrenup is recommended by thousands of attorneys who have reviewed, approved, or partnered with the platform.
The platform does not offer legal advice or representation and is not a law firm.
The founders of HelloPrenup, Julia Rodgers and Sarabeth Jaffe, met and realized they were working towards the same goal – to create a platform that would make prenuptial agreements affordable, approachable, and accessible to all couples.
Julia Rodgers is a seasoned family law attorney and the Chief Prenup Officer behind HelloPrenup. The platform guides couples through different scenarios and allows them to create and negotiate their prenup as a team.
In summary, HelloPrenup is an online platform that allows couples to create a valid prenuptial agreement in hours instead of months, and for a fraction of the cost of traditional methods.
The platform was created by family law attorneys who wanted to streamline the process of creating a prenup and make it affordable, fast, comprehensive, and collaborative.
HelloPrenup’s agreements are created with state-specific requirements and allow couples to add or remove clauses based on their specific needs or desires for their agreement. The platform does not offer legal advice or representation and is not a law firm.
How Does Helloprenup Shark Tank Works?
HelloPrenup is an online platform that guides couples through creating a fast, low-cost prenuptial agreement. The company was created by family law attorneys who wanted to streamline the process of creating a prenup.
HelloPrenup’s agreements are created with state-specific requirements and allow couples to add or remove clauses based on their specific needs or desires for their agreement.
To use HelloPrenup, one fiancé logs into the system and creates an account, then invites the other fiancé to join. The service costs $599, while a traditional prenup agreement costs around $5,000.
HelloPrenup is available in 32+ states out of 50 states in the United States and plans to expand beyond the 18 states they currently serve.
HelloPrenup appeared on Shark Tank Season 13 Episode 6 and asked the sharks for $150,000 for a 10% equity at a $1.5 Million Valuation. Nirav Tolia, founder of Nextdoor, offered $150,000 for a 30% stake, which was much higher than the 10% stake HelloPrenup initially wanted to give up for that amount.
The deal closed, and HelloPrenup plans to use the funds to expand beyond the 18 states they currently serve. After Shark Tank, the company’s sales increased by 500% .
What Happened To Helloprenup Shark Tank?
Hello Prenup is an online prenuptial agreement platform that appeared on Shark Tank Season 13 Episode 6. The co-founders, Julia Rodgers and Sarabeth Jaffe, asked the sharks for $150,000 for a 10% equity at a $1.5 million valuation.
Kevin O’Leary and Nirav Tolia made a deal with Hello Prenup for $150,000 for 30% equity. The deal closed in December 2021.
After the Shark Tank episode aired, Hello Prenup’s website traffic increased from 2,800 visitors per month to over 30,000 per month. Sales increased by 545% in the aftermath of the original air date.
Hello Prenup used the funds from the Shark Tank deal to expand beyond the 18 states they were serving at the time of the episode. They plan to use the funds to do more research to boost the accuracy level of their predictions.
Hello Prenup’s sales rate was low before Shark Tank, but after the episode aired, the company’s sales increased by 500% . The company has covered 32+ states out of 50 states of the United States and plans to cover the entire United States in the future.
Hello Prenup’s net worth was $1.5 million before Shark Tank, but they signed a deal worth $535,000 in Shark Tank.
What Is The Current Valuation Of Helloprenup Shark Tank?
Hello Prenup is a legal tech company that provides a quick and inexpensive prenuptial agreement service. The company was founded by Sarabeth Jaffe and Julia Rodgers in 2018 with the aim of disrupting the prenup market, which is valued at $550 million.
Hello Prenup offers a modern solution to the long, complicated, and expensive process of acquiring a prenuptial agreement.
Hello Prenup appeared on Shark Tank in November 2021, seeking a $150,000 investment in exchange for a 10% stake in the business. The company predicted that it would make $4.1 million in revenue in 2021, despite not being profitable at the time.
The Sharks ultimately did not make offers because the numbers were not in their favor. However, Shark Kevin O’Leary and Nirav Tolia offered the pair $150,000 for 30% equity, which they accepted.
After appearing on Shark Tank, Hello Prenup’s sales increased by 500-600% . The company has expanded to more than 50 states in the US and is the number one source online for prenup information. As of 2023, Hello Prenup is worth $1 million.
The company has saved couples $2,140,000 (and counting) and has created over 2,000 prenups. Hello Prenup is still in business and is making happy endings and new beginnings in everyone’s lives.
Is Helloprenup Shark Tank Still In Business?
Yes, Hello Prenup is still in business as of December 2022. After appearing on Shark Tank, the company’s sales increased by 500% . The deal with Kevin O’Leary and Nirav Tolia closed in December 2021. The deal was for $150,000 for 30% of the company.
The company used the funds to expand beyond the 18 states they were serving at the time of their Shark Tank appearance. As of December 2022, Hello Prenup is expanding slowly and almost covering most of the United States.
Hello Prenup is an online platform that provides prenuptial agreements. The company was seeking an investment of $150,000 for 10% of their company when they appeared on Shark Tank. The company had generated a disappointing sale of $20,000 since it started and had written 25 agreements to date.
However, the company’s sales increased exponentially after their Shark Tank appearance. The company was worth $1.5 million before Shark Tank, but they signed a deal worth $535k in Shark Tank.
In conclusion, Hello Prenup is still in business and expanding as of December 2022. The company’s sales increased by 500% after their Shark Tank appearance, and they closed a deal with Kevin O’Leary and Nirav Tolia in December 2021.
The company used the funds to expand beyond the 18 states they were serving at the time of their Shark Tank appearance.
What is HelloPrenup?
HelloPrenup can be considered as a breakthrough in prenup agreements. The firm provides an online platform for its users to create, customize, and complete their prenuptial agreements. What distinguishes them from the rest is their alternative solution that makes the agreement accessible to everyone.
Who is the inventor?
Julia Rogers and Sarabeth Jaffe are the co-founders of HelloPrenup. They designed the platform and created an online tool that enables couples to create, customize and complete their agreement independently. The founders hold a bachelor’s degree in business administration from Drexel University.
How much were they asking on Shark Tank?
They were asking for $150,000 for a 10% stake in the company.
How much did they get?
They got $150,000 for a 30% stake in the company from Nirav and Kevin, which is now worth $500,000.
Is HelloPrenup still in business?
HelloPrenup is still in business as of January 2022.
How do I know about this company?
HelloPrenup is available on the web and through mobile devices. Users can download the HelloPrenup agreement after making an account on hello-prenup.com.
What do HelloPrenup Do?
The company offers a convenient and inexpensive way of creating prenuptial agreements; they allow users to reach a mutual understanding and protect themselves against future conflict between spouses.
How long does it take to get a HelloPrenup?
If users intend to engage an attorney to negotiate and create their HelloPrenup, the process of writing, negotiating, and signing should take 3-6 months. When they use HelloPrenup to write a prenup, user may do so as soon as they desire, in as little as a few hours!
How much is a simple HelloPrenup?
The average cost of a normal prenuptial agreement established by an attorney is $2,500 per fiancé. A prenuptial agreement with HelloPrenup costs just $599 per couple.
Can the HelloPrenup document be edited after download?
Yes! Their prenuptial agreement will be downloaded as a Microsoft Word document that users may alter.
If users decide to employ an attorney after downloading the HelloPrenup agreement, their attorney may quickly alter it to address their concerns and meet their individual circumstances.
What is the net worth of Julia Rogers?
The net worth of Julia Rodgers is no available.
What is the net worth of Sarabeth Jaffe?
The net worth of Sarabeth Jaffe is not available.
