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 Rate: 2.13% 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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