Nearly Newlywed Shark Tank Net Worth 2023

Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012. The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high.

Despite leaving the show without a deal, Nearly Newlywed has experienced tremendous growth and success. The company has secured additional funding and partnerships, leading to an estimated net worth of $5 million USD as of 2023.
Nearly Newlywed’s annual revenue is $5 million USD. The company has managed to find a partner in Kleinfeld’s Bridal, an upscale wedding supply store in New York. Nearly Newlywed’s founder, Jacqueline Courtney, has a net worth of $6 million USD as of 2023.
In conclusion, Nearly Newlywed’s estimated net worth as of 2023 is $5 million USD.

What Is Nearly Newlywed? Who Is Nearly Newlywed’s Founder?

Nearly Newlywed is an online boutique that specializes in offering designer bridal dresses at discounted prices. Many brides may feel overwhelmed by the high cost of a wedding dress or wish to get more value for their money by choosing a larger gown.

Instead of buying a brand-new dress that may only be worn once, Nearly Newlywed provides a service that allows brides to obtain their dream dress for a fraction of the retail price.

The unique aspect of this business model is that Nearly Newlywed does not purchase the dresses themselves. Instead, a bride can visit the website and upload a description and photographs of her dress.

If the dress meets the criteria, it is placed on consignment, with Nearly Newlywed retaining a percentage of the sale price. The bride has the option to keep the dress or sell it through Nearly Newlywed.

Compared to traditional rental businesses, Nearly Newlywed’s concept offers more customization options for brides, making it a more attractive choice.

Jackie Courtney, who grew up in Iowa with a passion for fashion, became the founder of Nearly Newlywed. She moved to New York City to pursue her interest in fashion and worked as a fashion publicist, dressing celebrities and fashion journalists, which gave her exposure to the fashion industry.

Before her own wedding, Jackie realized that the wedding gowns she wanted were too expensive, and she believed that other brides-to-be felt the same way.

She also recognized that finding the right wedding dress that fits perfectly and is within budget can be a challenging and time-consuming process.

In response to these concerns, Jackie Courtney established Nearly Newlywed to provide a solution for soon-to-be brides looking for their dream wedding dresses.

What Happen To Nearly Newlywed At The Shark Tank Pitch?

Courtney made an appearance on the third episode of the fourth season of Shark Tank. In exchange for a $35,000 investment and a 10% stake in her business, she showcased her company and its $350,000 valuation.

During her appearance, she brought along a model wearing one of the upscale wedding gowns available on her online store.

Courtney explained that she founded Nearly Newlywed to help budget-conscious brides afford fashionable dresses. Having observed that celebrities and models often borrow the designer dresses they wear on the red carpet, Courtney aimed to provide a similar service to brides.

She offered a range of stylish gowns on her website, with some priced as low as $3,800, despite having a retail value of $11,000. Additionally, brides could sell their dresses back to the company for half of what they paid for them.

When asked about her sales and growth strategy, Courtney revealed that she had only sold four dresses in her first month of business. However, she had benefited from some free publicity and word of mouth on social media.

Although some of the Sharks expressed skepticism, Kevin O’Leary was impressed with Courtney’s pitch and made her an offer. He proposed to invest $35,000 in exchange for a 40% ownership stake in her company. Despite having no other offers on the table, Courtney ultimately declined O’Leary’s offer, feeling that the ownership stake was too high.

Table Summary : Nearly Newlywed Shark Tank

CATEGORY	INFORMATION
Company Name	Nearly Newlywed
Founder	Jacqueline Courtney
Product/Service	Designer wedding dress rental platform
Shark Tank Appearance	December 2012, Season 4 Episode 3
Amount Requested	$35,000 for 10%
Offer Made	$35,000 for 40% by Kevin O’Leary (declined)
Annual Revenue	$5 million USD
Net Worth (2023)	$5 million USD
Founder’s Net Worth (2023)	$6 million USD
Business Model	Brides can sell their lightly used wedding dresses and brides-to-be can buy new, sample, and used wedding dresses for up to 90% off.
Partnerships	Kleinfeld’s Bridal
Competitors	Chic Couture Online and Chan Luu

Nearly Newlywed Shark Tank Updates

Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012. The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high.

Despite not securing a deal from the Sharks, Courtney was able to get her business off the ground. Today, Nearly Newlywed is a growing business with an estimated net worth of $5 million as of 2023. Annual revenue for the business is also $5 million.

Nearly Newlywed is a place where former brides can sell their lightly used wedding dresses. This allows upcoming brides to find their dream designer wedding dress for less. Brides can buy new, sample, and used wedding dresses on sale for up to 90% off.

The Nearly Newlywed model allows for alterations, unlike a straight rental service. Brides can decide to keep the dress or re-sell it through Nearly Newlywed.

Courtney managed to slowly build up the success of Nearly Newlywed after her appearance on Shark Tank. She managed to find a partner in Kleinfeld’s Bridal, an upscale wedding supply store in New York.

Courtney may not have chosen to partner with a Shark, but she’s doing just fine on her own, making Nearly Newlywed a success story.

Nearly Newlywed Net Worth

Nearly Newlywed is estimated to be worth $800,000.

Nearly Newlywed Competitors

Chic Couture Online and Chan Luu are Nearly Newlywed Competitors.

Nearly Newlywed FAQS

What Is Nearly Newlywed Shark Tank?

Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012. The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high.

The concept of Nearly Newlywed is to provide a solution for soon-to-be brides looking for their dream wedding dresses. Brides can rent a designer wedding dress instead of buying a new dress, which they’ll only wear once, at retail prices.

The Nearly Newlywed model allows for alterations and brides can decide to keep the dress or re-sell it through Nearly Newlywed.

After the Shark Tank pitch, Jackie Courtney found a business partner in Kleinfeld’s Bridal, a high-end wedding supply company based in New York. Nearly Newlywed is now a growing business with an annual revenue of $5 million.

The company is a white-glove concierge service for brides-to-be and newlyweds, offering authentic new, sample, and preowned designer wedding dresses.

On Nearly Newlywed, the seller lists her wedding gown for a fraction of its original cost and recoups some of the money she spent on the “wear-once” dress.

How Does Nearly Newlywed Shark Tank?

Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012. The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high.

The concept is simple: brides upload a description and photos of their dress to the site, and once approved, the dress is offered for sale on a consignment basis.

Nearly Newlywed receives a portion of the fee, and the new bride can decide to keep the dress or re-sell it through Nearly Newlywed.

Nearly Newlywed is not a straight rental service, as the model allows for alterations. The company has secured additional funding and partnerships, leading to an estimated net worth of $5 million as of 2023. The annual revenue for the business is $5 million.

Jackie Courtney, the founder of Nearly Newlywed, made an appearance on the third episode of the fourth season of Shark Tank.

She showcased her company and its $350,000 valuation. Courtney did not secure a deal from the Sharks. Despite not partnering with a Shark, Nearly Newlywed has become a success story.

What Happened To Nearly Newlywed After Shark Tank?

Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012. The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high.

Despite leaving the show without a Shark investment, Courtney was able to get her business off the ground.

Today, Nearly Newlywed is a growing business with an estimated net worth of $5 million as of 2023. Courtney managed to find a partner in Kleinfeld’s Bridal, an upscale wedding supply store in New York.

Since appearing on Shark Tank, Nearly Newlywed has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of $5 million as of 2023. Courtney has a net worth of $6 million as of 2023.

Is Nearly Newlywed Shark Tank Still In Business?

Yes, Nearly Newlywed is still in business. Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012.

The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high. Despite leaving the show without a Shark investment, Courtney was able to get her business off the ground.

Today, Nearly Newlywed is a growing business with an estimated net worth of $5 million as of 2023. Courtney has managed to find a partner in Kleinfeld’s Bridal, an upscale wedding supply store in New York.

What Is The Current Valuation Of Nearly Newlywed Shark Tank?

Nearly Newlywed is a designer wedding dress rental platform that appeared on Shark Tank in December 2012.

The founder, Jacqueline Courtney, asked for $35,000 for 10% of the company but declined an offer from Kevin O’Leary because the percentage was too high. At the time of the Shark Tank pitch, the company was valued at $350,000.

Nearly Newlywed has experienced tremendous growth and success since appearing on Shark Tank. They have secured additional funding and partnerships, leading to an estimated net worth of $5 Million as of 2023. The founder, Jackie Courtney, has a net worth of $6 Million as of 2023.

However, estimates the current net worth of Nearly Newlywed is $800,000. It is unclear why there is a discrepancy between the two sources. It is possible that the valuation has fluctuated over time due to various factors such as funding, partnerships, and market conditions.

How much was she seeking in the Shark Tank?

Courtney was seeking $35,000 in exchange for 10% equity.

Did she get a deal from the Sharks?

She did not secure a deal from the Sharks.

Where is Nearly Newlywed located?

Nearly Newlywed is located in Brooklyn, New York.

What is the Gross Revenue of Nearly Newlywed?

Nearly Newlywed earns $5m annually.

How can they contact Nearly Newlywed?

They can contact them through their website, Facebook, Twitter, and Instagram.

What is the website of Nearly Newlywed?

The website of Nearly Newlywed is nearlynewlywed.com.

What is their return policy?

They provide a risk-free five-day return guarantee for all products, including new and secondhand bridal gowns sent inside the continental United States.

For any reason, they may return their dress for a $50 restocking charge.

Final sale products and things purchased with a promotional coupon that mentions the final sale are not returnable.

What is their return policy for international buyers?

Purchases made outside the United States are final sales.

Purchases made from Canada and sent to the United States are likewise deemed Final Sales, and shipping is extra.

How are they protected?

They ensure quality, safety, and security for all of their brides and newlyweds.

They curate and verify every gown sold, inspecting it with the seller before they ship it to them to try on.

They also process all payments and handle shipping and insurance, so there are no risks.

How do they measure themselves for a dress?

All they’ll need is a measuring tape, a friend, & their super easy-to-use size and fit guide.

Is it risky to buy a used wedding dress?

Not when they are buying with Nearly Newlywed! They take all of the risks out of the process.

Each dress on their site is hand-picked by the staff at Nearly Newlywed.

When they purchase a wedding gown for an in-home try-on, they will have it verified and shipped directly to them.

Will they have to alter the dress?

Whether new or used, it is completely normal and expected for a gown to require multiple alterations to fit perfectly.

They might get lucky and find a dress that already has a bustle and has been perfectly altered to fit their shape.

What is the net worth of Jackie Courtney?

Jackie Courtney’s net worth is unavailable.