Deals

Wevorce raises $1.7 million to make divorce less terrible

Image Credit: Kevin Dooley

Wevorce, a startup that aims to streamline the divorce process and bring it online, today announced a $1.69 million raise in a public filing.

The company hopes to replace the standard two-attorney-fight-for-years divorce process with a scalable network of mediators. The system is reminiscent of LearnVest’s network of affordable financial planners, except we’re talking about divorce.

According to the American Phycological Association, “in Western cultures, more than 90 percent of people marry by age 50,” yet “about 40 to 50 percent of married couples in the United States divorce.” So Wevorce’s potential user-base is rather large.

According to the filing [below], Wevorce aims to raise $1.31 million more.

7 comments
Klancy Kennedy
Klancy Kennedy

Considering how popular divorce is... I think a little VC for streamlining is a clear win.

Grace Wang
Grace Wang

Making it easier to divorce doesn't make divorce sweeter. Venture Beat's title is very misleading.