What is Hello Divorce?
Hello Divorce operates as a digital legal service, offering do-it-yourself divorce software coupled with expert guidance to facilitate a more affordable and efficient divorce planning process. Based in West Hollywood, California, the company aims to demystify legal proceedings for individuals navigating marital dissolution, providing accessible tools and support.
How much funding has Hello Divorce raised?
Hello Divorce has raised a total of $5.3M across 2 funding rounds:
Other Financing Round
$2M
Angel/Seed
$3.3M
Other Financing Round (2021): $2M with participation from CEAS, Gaingels, Lightbank, and Northwestern Mutual Future Ventures
Angel/Seed (2022): $3.3M led by Lightbank, CEAS Investments, The Artimis Fund, and Gaingels
Key Investors in Hello Divorce
Lightbank
Lightbank is an investment firm based in Chicago, IL, focusing on funding innovative startups. The company aims to support entrepreneurs by providing capital and strategic guidance. Their intended clients are early-stage companies looking for investment to scale their operations. Lightbank is dedicated to fostering growth in the tech ecosystem.
CEAS Investments
CEAS Investments is an investment vehicle within a single family office, leveraging the capital of a top venture firm to invest in early-stage companies primarily in the US and Canada. With a focus on enterprise software, B2B SaaS, and various technology sectors, they offer complete flexibility on investment stages and check sizes, driven by a very aggressive risk appetite. The firm prides itself on being patient, fair, and long-term investors, providing not just capital but also strategic guidance to their portfolio companies. CEAS Investments aims to empower the next generation of founders, including those from student backgrounds, through dedicated funding initiatives.
Gaingels
Gaingels is the leading investment syndicate in support of and representing the LGBTQ community and allies in the venture capital space. With over $380,000,000 deployed into a portfolio of over 600 companies since 2014, Gaingels is also the co-founder of Mathison.io and provides an internal at-cost diverse board member/observer recruitment advisory for the company's portfolio companies. Gaingels invests in companies with LGBT founders and C-suite leaders at all stages of growth, as well as in other high-growth companies resolved on building more inclusive teams. Gaingels is a founding co-signer of the Diversity Term Sheet Rider Initiative to increase access to venture funding events for non-traditional check writers, and regularly co-invests with select VC leads across a variety of sectors, from technology, to B2B, healthcare and consumer, in competitive and over-subscribed rounds from Seed to Growth/pre-IPO.
What's next for Hello Divorce?
The substantial enterprise-level backing indicates Hello Divorce is poised for significant scaling and market expansion. This strategic investment will likely fuel further development of its legal software, enhancement of its expert support services, and broader outreach to individuals seeking a more accessible divorce solution. The company's focus on affordability and efficiency positions it to capture a larger share of the legal services market, particularly among those seeking alternatives to traditional, high-cost legal representation.
See full Hello Divorce company page
