Spotlight on: Hello Divorce

Description
Operator of a proprietary platform intended to complete the divorce process exclusively online, complemented by self-service tools and integrated expert help. The company’s platform utilizes self-service and assisted tools that guide an individual through the divorce process with a web application powered by artificial intelligence and conditional logic along with providing maneuvering sessions, personalized divorce plans and strategy sessions with a divorce lawyer, enabling people to access a quicker, equitable and less fear-driven outcome

Most Recent Financing Status (As of December 2023)

The company raised $3.5 million of seed funding in a deal led by The Artemis Fund on September 11, 2023, putting the company’s pre-money valuation at $8.5 million. Northwestern Mutual Future Ventures, Litquidity Capital and 9 other investors also participated in the round. The funds will be used to further expand nationally and dive deeper into the divorce lifecycle, creating tools and services that offer a bridge to financial independence and emotional well-being.

Founder and Chairman: Erin Levine, erin@hellodivorce.com, +1 (510) 646-1400

 

HQ Location: 1951 Monarch Street Suite 200 Alameda, CA 94501

Employees: 31 (as of May 2024)

Total Raised: $8.75M (as of September 2023)

Growth Rate2.13% Weekly Growth (97th percentile)

Size Multiple: 33.3X Median (97th percentile)

Institutional Investor:

  • Alumni Ventures
  • Chaos Ventures (New York)
  • Litquidity Capital
  • Moderne Ventures
  • Pitbull Ventures
  • Sand Hill Angels
  • The Artemis Fund
  • TruStage Ventures
  • CEAS Investments
  • EquityESQ
  • Gaingels
  • Jack Newton
  • Lightbank
  • Lisa Stone
  • Northwestern Mutual Future Ventures
  • Duke Law Tech Lab

To learn more about Hello Divorce, visit their website or follow them on Linkedin

Source: Pitchbook, May 2024

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Kristin Calve

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