Wedfuly, a virtual wedding services tech startup, was started by Caroline Creidenberg in 2017. As of September 2023, Wedfuly net worth is $3 million and they’re pulling in a whopping $4.8 million in annual revenue.
In October 2021, they appeared on season 13 of Shark Tank USA and made a deal with Robert Herjavec, for $200,000 for a 10% of equity. The final valuation was $2 million, down from the founder’s initial estimate of $4 million.
Wedfuly is still in business as of September 2023. In fact, the company is doing quite well. Wedfuly experienced a surge in sales and popularity. The company has also expanded its product offerings to include a wider range of wedding planning services. Now you can purchase their products from their official website.
Wedfuly Net Worth
Net worth | $3 million (2023) |
Annual Sales Revenue | $4.8 million (2022) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Robert Herjavec |
Founder | Caroline Creidenberg |
Employees | 10 employees |
Wedfuly Net Worth Timeline
Net Worth 2023 | $3 million |
Net Worth 2022 | $3 million |
Net worth valuation 2021 after appearing on Shark Tank | $2 million |
Net worth valuation 2021 before appearing on Shark Tank | $4 million |
Wedfuly Pitch on Shark Tank
Company name | Wedfuly |
Product | virtual wedding services tech startup |
Episode | Season 13 Episode 05 |
Founder | Caroline Creidenberg |
Asked for | $200,000 for a 5% equity |
Final deal | $200,000 for a 10% equity |
Shark / Sharks | Robert Herjavec |
Location | Denver, Colorado, United States |
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Wedfuly Founder
Wedfuly was founded by Caroline Creidenberg in 2017. Creidenberg is a software engineer and entrepreneur. She has a degree in software engineering from Denver University Clarion. Wedfuly’s founder, Caroline Creidenberg, has a net worth of $1.8 million as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | Appeared on Shark Tank season 13 and Robert Herjavec invested $200,000 for a 10% equity. |
2020 | Appeared on Shark Tank and secured a $1 million investment from Barbara Corcoran |
2022 | Expanded its team and opened new offices in several cities |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future of Wedfuly and its continued success.