Wedy Net Worth 2024 Update (Before & After Shark Tank)
Wedy’s net worth is $1 million as of May 2024. They’re pulling in a whopping $1.6 million in annual revenue. Wedy is a wedding planning app. Rumaiza and Anas Ali created this in 2020.
In 2024, they appeared on Season 15 of Shark Tank USA seeking $300,000 for 5% equity valuing the company at $6 million. But the Sharks were not interested in investing in Wedy.
Although sharks liked the idea behind Alis’ business, they did not invest given the business is still in its early stages. However the appearance on the show gave more visibility to their business, and currently it is actively functioning. They provide a wide range of services from venues to photography as well as all-inclusive wedding packages. For more details, head to their website.
Wedy Net Worth
Net worth | $1 million (2024) |
Annual Sales Revenue | $1.6 million (2023) |
Profits | $60,000 |
Lifetime sales | Not available |
Investor | None |
Investment | None |
Founders | Rumaiza and Anas Ali |
Employees | <10 |
Wedy Net Worth Timeline
Net Worth 2024 | $1 million |
Net worth valuation in 2024 before appearing on Shark Tank | $6 million (Business valuation) |
Wedy Pitch on Shark Tank
Product | A Wedding planning app |
Episode | Season 15 Episode 20 |
Company name | Wedy |
Founders | Rumaiza and Anas Ali |
Asked for | $300,000 for 5% equity |
Final deal | No deal |
Shark | No shark |
Location | Austin, Texas |
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Wedy Founders
Rumaiza and Anas Ali founded Wedy in 2020. Rumaiza is a promising young entrepreneur. She is a wedding planner as well as a professional interior designer. Rumaiza’s husband Ali has an education background in Engineering and Business Management. He is currently the Co-founder and CTO of Wedy. Wedy’s founders Rumaiza and Anas Ali’s net worth is around $1 million.
Key accomplishments
Year | Accomplishment |
2024 | The company was featured in Shark Tank USA and secured a deal. The company was featured in several media channels including abc, and Techstars. |
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 for Wedy and its continued success.
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