Honeyfund, the Top Honeymoon Registry, Strikes a Deal on Shark Tank
November 5, 2014—Sebastopol, CA—Just in time for holiday gifting and wedding engagement season, Honeyfund (www.honeyfund.com,) the popular honeymoon registry, recently closed a deal with Kevin O'Leary of ABC's hit reality show 'Shark Tank,' to expand its gift-funding business.
After multiple offers from three sharks, Honeyfund and Plumfund owners Sara and Josh Margulis chose a $400,000 deal from Kevin O'Leary (aka 'Mr. Wonderful') to grow their gift-funding websites for honeymoons, birthdays, anniversaries, projects and other life events. Without taking a stake in the company, O'Leary requested one third of net transaction revenues until he recoups his $400,000 three times.
"We are excited to use this investment to launch Fondo de Miel, the Spanish version of Honeyfund, and to further customize and expand what is already the easiest way to raise money for gifts," said Sara Margulis, Honeyfund Cofounder and CEO. "Working with 'Mr. Wonderful' is a dream-come-true, as he brings expertise in online transactions and opens new doors with potential partners," she added.
"Honeyfund and Plumfund make raising money for all kinds of gifts fun and easy. They have tremendous growth potential as we expand their gift funding offerings and global reach," said Kevin O'Leary, Founder of O'Leary Financial.
Founding Honeyfund in 2006, the Margulises are crowd funding pioneers. Their idea was born from their own need when planning their Fiji honeymoon. Honeyfund is now the top alternative wedding registry where friends and family help pay for a honeymoon or any savings goals, and can indicate specific gifts including meals, special outings, hotels, airfare and even a down payment on a home. To date, Honeyfund has transacted approximately $239 million in gifts.
In May of 2013, the Margulises launched a second site, Plumfund (www.plumfund.com.) for other gift-giving events such as birthdays, holiday gifting, baby showers and projects. Both sites offer free gift funding options for users as well as customization and upgrades.
The Margulises were initially invited to apply for the show by a Shark Tank staff member who had used Honeyfund and was a fan of the site.
Honeyfund is the world's most popular honeymoon registry. Together with Plumfund, they offer the easiest way to raise money for gifts or anything else – for free. To learn more, please visit www.honeyfund.com and www.plumfund.com.
About Kevin O'Leary
Kevin O'Leary is an entrepreneur and financier, best known for his role as an investor on ABC's Shark Tank. He leads a group of financial companies as chairman of O'Leary Financial Group. He is also the founder of O'Leary Fine Wines and the bestselling author of Cold Hard Truth on Men, Women and Money. Previously, O'Leary founded and was president of SoftKey (later called The Learning Company), a global educational software company, and negotiated its $4 billion acquisition by Mattel. For more information, visit www.olearyfinancial.com and follow @kevinolearytv .
Media: Photography is available at www.ABCMediaNet.com.
Honeyfund Contact: firstname.lastname@example.org
'Shark Tank' Hosts Compete for the Kickstarter of Honeymoons
October 27, 2014—Graham Winfrey of Inc.com recaps Honeyfund's apperance on ABC's hit reality show 'Shark Tank," saying "Sara and Josh Margulis had the sharks eating out of their hands..." Read the full story here.
Anna Post sets the record straight about honeymoon registries
Anna Post, great-great-granddaughter of Emily Post, breaks down the rules of the sometimes-taboo subject of giving money as a wedding gift. Read the story here.
Honeyfund Site Featured on Good Morning America
July 1, 2014—Honeyfund's website appeared on Good Morning America today in a spot on crowdfunding your wedding.
New kind of wedding registry makes honeymoon dreams come true
June 2, 2014—Write Carole Dixon interviews Honeyfund CEO Sara Margulis for her Pasadena Weekly article on honeymoon funds. Read the full story here.
Honeyfund Founders Aim to Make Fundraising Simple
January 24, 2014—Honeyfund.com, Inc and its founders, Sara and Josh Margulis, were featured in the Sunday Business section of the Press Democrat. Writer Robert Digitale interviews Sara and Josh about creating the crowd-gifting sites to help "fuel honeymoons and much more." Read the full story in Press Democrat
Honeyfund.com, Inc. launches free crowdfunding at Plumfund.com
May 25, 2013—Honeyfund.com, Inc., one of TIME.com's 50 Best Websites of 2012, has launched the first free crowdfunding site at Plumfund.com. Plumfund offers free crowdfunding, cash gifting, and fundraising—the first site of its kind. Users can raise money for anything, including projects, startups, schools, charities, community groups and individual gift ocassions. The site processes "pledges" 100% free of charge where contributors pay offline, directly to the campaign organizer. Online payments are available via WePay or PayPal for just 3.9% + $0.30. Anyone can setup a free campaign. Visit Plumfund.com to learn more.
Trends in wedding registries
May 17, 2013—Good Morning Arizona interviews Arizona Weddings Magazine editor Kristina Celik about unique wedding registries including Honeyfund!
New take on wedding registries funds honeymoons
April 1, 2013 — Pittsburgh Tribune-Review writer Rachel Weaver recently interviewed Honeyfund.com's CEO Sara Margulis for her story on alternative wedding registries. The story also profiles Honeyfund couple Clara Cheng and Russell Phillips who used Honeyfund for their 10-day honeymoon in Paris in 2012. See the full story here.
MSN's 'glo' features Honeyfund couple in offbeat wedding registries story
March 11, 2013 — Honeyfund couple Christopher and Stephanie Tower were featured on MSN's 'glo' website in a story about modern wedding registries. The couple took a three-week honeymoon in Thailand with their honeyfund contributions. See the full feature here.
Honeyfund.com named one of TIME's 50 best websites of 2012
September 18, 2012 —Honeyfund.com enjoys the honor of being listed in "TIME's annual salute to sites and services that keep you entertained and informed, save you time and money — and maybe even change your life." See the feature here.
Honeyfund.com featured on WSVN Money Monday
August 6, 2012 — For some couples a fabulous honeymoon is out of reach after paying for an expensive wedding, but Honeyfund newlyweds get the vacation of their dreams.
Watch the full story.
Honeyfund.com Loved by WeddingWire Brides
January 23, 2012 — Honeyfund.com, the web's leading honeymoon and cash gift registry, is excited to announce they have been selected to receive the prestigious WeddingWire Bride's Choice Awards™ 2012 for Unique Services.
The annual awards program recognizes the top wedding vendors from the WeddingWire Network who demonstrate excellence in quality, service, responsiveness and professionalism within the wedding industry. While many industry awards are selected by the organization, Honeyfund.com was selected based on its stellar reviews from past newlywed clients.
Honeyfund.com is recognized as part of the top five percent of wedding professionals in the WeddingWire local vendor community, comprised of over 200,000 wedding professionals throughout the United States and Canada.
"WeddingWire is thrilled to honor the success of the top-rated wedding professionals within the WeddingWire Community," said Timothy Chi, CEO, WeddingWire. "It is with great pleasure that we congratulate Honeyfund.com for their continued professionalism and commitment to enriching the wedding planning experience for engaged couples."
"We are honored to receive the award and would like to thank past clients for taking the time to review our business on WeddingWire," said Sara Margulis, CEO of Honeyfund.com, Inc. Thanks to their positive feedback, Honeyfund.com was able to receive the WeddingWire Bride's Choice Awards™ for 2012.
Social media on the rise at weddings
November 12, 2011 — Associated Press writer Leanne Italie details the rise of social media and all things "online" at weddings, in her article published in the Seattle Times. The article covers online cash registries and quotes Honeyfund couple Nicole Endres and Dan Rodriguez. Read the full article.
The Moneymooners: Registering for Cash, Not Dishes
August 28, 2011 — New York Times writer Marianne Rohrlich quotes Honeyfund.com's CEO, Sara Margulis, in her Sunday Style article about the growing trend of cash gift registries. "'Using honeyfund.com enables guests to print out a gift certificate to send with the check. This makes giving money seem more graceful.'" The article goes on to quote Peggy Post, the etiquette expert, who said giving money now has a wider appeal. "In a recession money is always welcome," said Ms. Post. The full article is at newyorktimes.com.
Honeymoon help, a click away: Sites let wedding guests contribute to costs
June 21, 2011 — Boston Globe writer Bella English explains how modern couples may not need household items, so instead they are asking for non-traditional gifts like honeymoon contributions. Honeyfund.com helps couples who may not otherwise take a honeymoon. See the full article.
Getting Married? 4 Unique Gift Registries
May 19, 2011 — Stacey Bradford details four unique gift registry ideas, including Honeyfund.com, in her CBS Money Watch article. See the full article.
Honeyfund.com featured on Martha Stewart Weddings' "Darcy's Idea of the Day"
January 20, 2011 — Darcy Miller, editorial director of Martha Stewart Weddings, featured Honeyfund.com in her "Darcy's Idea of they Day" column at marthstewartweddings.com. "Sign up for the vacation of a lifetime at Honeyfund.com, which divvies up your honeymoon components into monetary increments," said Miller. See this idea and more at marthstewartweddings.com.
Honeyfund.com, Pleasant Holidays Offer Honeymooners Travel to World's Most Popular Destinations
October 12, 2010 — Honeyfund.com announced today they have partnered with Pleasant Holidays to provide honeymoon travel to the world's most popular destinations, including Hawaii, Mexico, Las Vegas, the Caribbean, Costa Rica, the South Pacific and more.
Honeyfund's gift registry allows guests to purchase part of a couple's honeymoon as a wedding gift, making a dream honeymoon more realistic and affordable than ever.
Pleasant Holidays, one of the largest tour operators to Hawaii, Mexico, Costa Rica, the Caribbean, the South Pacific and the continental United States, will now be available to help Honeyfund customers make travel arrangements for their once-in-a-lifetime trip.
"I'm thrilled to bring Pleasant Holidays' 50 years of travel expertise to our couples," said Sara Margulis, CEO of Honeyfund.com. "Now, for even more Honeyfunders, a dream honeymoon is just a phone call or a click away."
'Registry helps couples have dream honeymoons'
September 21, 2010 — Sarah Jackson of The Daily Herald explains how Honeyfund makes life "pretty sweet" for couples, their families and friends. Read the full story at heraldnet.com.
'Travel Gift Registries: Giving the Ultimate Wedding Present'
October 23, 2009 — In her Frommers article on honeymoon registries, Charis Atlas Heelan mentions Honeyfund.com as a free option for honeymooners looking to ease the financial burden of their once-in-a-lifetime trip. Read the entire article at frommers.com.
Honeyfund now available in many European countries and New Zealand
August 4, 2009 — Honeyfund.com, Inc. announced today it has expanded its service to include most of Europe and New Zealand. Now residents of Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain and New Zealand can use the free honeymoon registry service. Couples from any supported country can now create registries listed in New Zealand Dollars and Euros, in addition to already supported currencies (US, Canadian and Australian Dollars and Great British Pound).
Martha Stewart Weddings 50 Cost-cutting Tips for Recession Weddings
Summer 2009 — Martha Stewart Weddings Summer 2009 issue details 50 cost-cutting tips in "The Well-Spent Wedding," listing Honeyfund.com in tip #47. "Instead of registering for stuff, ask guests to contribute to your honeymoon stash: At honeyfund.com, you can register for your trip, add vacation extras (from boat tours to spa treatments), then break the expenses down into gift-size increments."
View the entire article at marthastewartweddings.com.
Honeyfund.com Helps Make Weddings Affordable
February 25, 2009 — In her article, "The high price of love,"writer Alli Marshall give readers tips for planning a wedding on a budget, suggesting the use of honeymoon registries like Honeyfund.com. Read the full story.
December, 2008 —In the December 2008/January 2009 issue of Modern Bride, writer Elaine Glusac helps brides "in a honeymoon money crunch" by offering tips including Honeyfund.com. Honeyfund bride Heidi Weber is quoted in the article.
Couples With Tight Budgets Request Gifts They Actually Need
November 9, 2008 — Daily News writer Meredith Blake explores the growth of non-traditional registries in her article, 'With budgets tighter than ever, couples are requesting wedding gifts they actually need.' She writes, "An increasingly popular choice for frugal newlyweds is registering for a honeymoon through sites such as...HoneyFund.com." Read the full story.
'I'll Tell You What I Want'
January 30, 2008 — The Courier-Journal reports on a shift in wedding tradition from household gifts to cash gifts. In her article, "I'll Tell You What I Want," journalist Joanna Richard writes, "One popular service in recent years has been Honeyfund.com," which she says "...makes the gift of cash more personal by letting the guest choose what to sponsor, and it can even please those who like to hand the happy couple a present in person." Read the full story.
'Please, no toasters.'
January 6, 2007 — The State, a North Carolina newspaper, reports on alternative gift registries, including Honeyfund.com, in Helena Oliviero's article 'Please, no toasters.'
Honeyfund.com's Free Honeymoon Registry Goes International
SAN FRANCISCO, July 26, 2006 — Honeyfund.com, the Internet's first free honeymoon registry service, announced today it is going international. Now couples in Australia, Canada and the United Kingdom can use Honeyfund to receive parts of their honeymoon, such as airfare, hotel rooms, meals and excursions, as a wedding gift.
The expansion is evidence of a growing, world-wide trend in wedding gift registries. Many couples already have the household items that make up a typical wedding gift. What they often don't have is the extra cash to pay for a proper honeymoon. Unlike existing online honeymoon registries which charge up to nine percent in fees, Honeyfund is free to both couples and gift givers.
Visit www.honeyfund.com for more information and to set up your Honeyfund registry today.
Honeyfund.com Launches Free Honeymoon Registry for Brides and Grooms
SAN FRANCISCO, March 21, 2006—Today Honeyfund.com announced the launch of the Internet's first free honeymoon registry service, helping more couples make their dream honeymoon a reality. The new registry offers guests the opportunity to pay for parts of the couples' honeymoon, such as airfare, hotel rooms, meals and excursions, as a wedding gift.
More than 2.5 million couples will marry this year, with an average age of 27-29 years. Many of these couples already have homes full of dishes, linens and kitchen gadgets. What they really want, and don't have, is money to pay for a luxury honeymoon. Unlike existing online honeymoon registries which charge up to nine percent in fees, Honeyfund is free to both couples and gift givers. The registry is quick for the couple to set up and an easy way for guests to give a gift the couple will truly enjoy.
More than 120 couples have applied to take part in Honeyfund.com's beta. Visit www.honeyfund.com for more information and to set up your Honeyfund registry today.