Catalyst to exit WeddingWire investment

Catalyst to exit WeddingWire investment

“In 2011, WeddingWire was our first Fund III investment and since the beginning, we benefitted from a great partnership with the Company’s management team,” said Ryan McNally, partner and co-founder of Catalyst Investors. “In the seven years that we have worked together, WeddingWire increased its revenues tenfold, expanded beyond the U.S. into 15 countries around the world, and grew to 950 employees. None of this would have happened without an exceptional management team. We wish them well as they continue to grow the business.”

WeddingWire UK Launches

Catalyst-backed WeddingWire WeddingWire, the global online leader connecting engaged couples with wedding professionals, launched its website in the United Kingdom,

Catalyst portfolio company WeddingWire expands to India

WeddingWire, the leading global online marketplace connecting engaged couples with event professionals, has entered the next phase in its expansion into India by opening its country headquarters, located in Gurgaon. India’s market, growing aggressively at 25 to 30 percent per year, is responsible for more than one quarter of all weddings per year globally, and is poised to be the youngest country in the world by 2020.

Tenth Anniversary for Catalyst-backed WeddingWire

WeddingWire, Inc., the leading global online marketplace connecting consumers with event and creative professionals, is celebrating ten years of innovation, service and partnership within the wedding industry. A decade ago, Timothy Chi joined forces with his Blackboard co-founder, Lee Wang, along with Jeff Yeh and Sonny Ganguly, to set up WeddingWire’s first office in his pink living room in Chevy Chase, Maryland.

Bethesda Magazine gives inside look at Catalyst-backed WeddingWire

In 2006, Tim Chi and some of his Cornell/Blackboard colleagues conceived a startup called WeddingWire Inc. The concept was simple: The business would take the frustration out of wedding planning and provide a one-stop site where couples could browse everything from dresses to venues, and choose vendors based on reviews. Think of it as an assembly kit for nuptial novices, enhanced by the business reviews popularized by Trip Advisor, Yelp and similar sites. A decade later, WeddingWire is highly profitable and having the best honeymoon ever. It is the dominant technology company serving the $100 billion wedding industry, an online wedding planning resource designed to serve both engaged couples and wedding professionals.

Catalyst portfolio company WeddingWire acquires

WeddingWire, Inc., the leading global online marketplace connecting engaged couples with event professionals, acquired by its Italian subsidiary. This addition, together with WeddingWire’s existing site, allows WeddingWire to create the most comprehensive resource for wedding planning in Italy and to reinforce its position as the country’s leading wedding site.

Catalyst-backed WeddingWire garners more reviews than any other site in its industry

WeddingWire, Inc., the leading online marketplace connecting consumers with event and creative professionals, announced that newlyweds have shared the love and submitted over three million reviews, helping WeddingWire to surpass its own record in holding the largest number of reviews on any wedding and event industry site. This achievement is significant as researching vendors and reading reviews is a critical first step for many couples in their wedding planning process. By showcasing these reviews, WeddingWire is providing insight and information to engaged couples across the country, empowering them to make the best choice when it comes to selecting their wedding vendor teams and instilling confidence in their decision-making. The 3,000,000 reviews represent feedback from newlyweds’ real experiences partnering with wedding professionals, from wedding venues and wedding photographers, to wedding florists and beyond.

Catalyst-backed WeddingWire earns perfect Corporate Equality Index score

WeddingWire received a perfect score of 100 percent on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation. For the second year in a row, Catalyst-backed WeddingWire was included amongst the top ranks of the 1,043 businesses rated in the report.

WeddingWire Plans Expansion

Catalyst portfolio company WeddingWire Inc., announced plans to expand its corporate headquarters in Montgomery County. As part of the expansion, the company plans to add approximately 200 new jobs to its existing workforce of more than 350 local employees.