Wedfuly Shark Tank Update

Wedfuly Shark Tank Pitch

Carolyn Creidenberg appeared on Shark Tank Season 13, Episode 5, which aired on November 5, 2021, with virtual weddings app.

Wedfuly is listed in the Software Tech category. In plain terms, the business is described as virtual weddings app.

Wedfuly asked the Sharks for $200,000 for 5%, implying a valuation of about $4 million.

On the show, Wedfuly made a listed deal with Robert Herjavec for $200,000 for 10%.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, down from the original $4 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Wedfuly After Shark Tank

Wedfuly accepted an on-air offer, but later Shark Tank follow-up says the deal did not close. The company still found a post-show path as virtual and hybrid weddings became a real category. (Wedfuly Shark Tank Update

In August 2023, Wedfuly announced that Wedgewood Weddings & Events acquired the company to add livestreaming and digital planning technology to its wedding-venue business. (Wedfuly acquisition announcement

The brand remains online under the Wedfuly name, but the current story is acquisition into a larger wedding platform rather than independent Shark-backed growth. (Wedfuly acquisition announcement

Sources

Sources used for this page: Shark Tank API pitches