As US couples’ average wedding spend has grown—to a whopping $32,000+, according to the most recent national survey by The Knot—investors have poured funding into startups aiming to ease the process from the proposal to the thank-you notes.
Many of these startups leverage new technologies to improve planning efficiency and save users money, such as The Black Tux with tuxedo rental and Vow to Be Chic for bridesmaid dress rental, WedPics for photo sharing, and Four Mine, which replicates engagement rings so users can try on the copies at home before buying.
We used our CB Insights database to identify 41 startups focused on the wedding industry, who have received funding from investors including First Round Capital, Lerer Hippeau Ventures, Andreessen Horowitz, and more. Several got their start on Shark Tank – including Honeyfundand Paparazzi Proposals – and one counts Leonardo DiCaprio among its backers.
