Sisters Marika and Sofia Chen founded the company. They told me at Y Combinator’s Demo Day that they had the idea when their elder sister got engaged and grew extremely frustrated by the laborious process of registering gifts. The Chens took a deeper look at the market for wedding gifts and saw an opportunity to take a piece of a $22.5 billion pie.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":515374,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"D"}']The wedding registry company has already signed up 3,000 brides-to-be. On the stage at today’s Demo Day, the founders also revealed that they are experiencing 42 percent growth month-on-month.
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RegistryLove makes money by taking a 20 percent cut of each sale. They said they’ve been successful with 98 percent of the vendors they have approached.
Wedding Registry Image via Shutterstock
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