The duo behind Hello Prenup, Julia Rodgers and Sarabeth Jaffe, made quite the entrance on “Shark Tank” in wedding attire. These founders, comprising a divorce attorney and a software engineer, launched a service focused on creating customizable prenups to help couples secure their financial interests prior to marriage. Julia described their platform as a revolutionary tool allowing couples to generate prenups in just hours, at a significantly lower cost. However, the judges were taken aback by the duo’s underwhelming sales figures, which barely exceeded $20,000.
Fortunately, Nirav Tolia recognized their potential and offered them $150,000 for a third of their business. They negotiated to alert another investor to join and ultimately agreed on Tolia’s original offer, splitting the deal with Kevin O’Leary as well. Their entrance was charmingly marked by the sharks presenting them with flowers. However, receiving backing from “Shark Tank” is no guarantee for success due to the prevalence of unwise investments and unpredictable markets.
Luckily for them, Hello Prenup has managed to flourish since their debut.
Hello Prenup Dominates the Prenuptial Agreement Market
Although Julia and Sarabeth did not see immediate financial success, they have since multiplied their initial investment from “Shark Tank” significantly. In a follow-up episode, they stated their revenues have reached around $3 million annually as of 2024. Nirav Tolia believes their business has the potential to escalate to hundreds of millions within the coming years. Additionally, partnerships with notable institutions, including Suffolk University’s law department and LegalZoom, demonstrate their growing reputation in the market.
Hello Prenup is also gaining traction on social media, particularly on TikTok. They’ve made discussions about prenups engaging and relatable, creating insightful content that analyzes celebrity prenup choices and highlights real couples who utilize their services. For fans of “Shark Tank,” the occasional appearances by Kevin O’Leary on their platform offer a blend of practical advice and wit, emphasizing the importance of discussing finances before marriage.