Honeyfund started out as a wedding registry that allowed wedding guests to crowdfund a couple’s honeymoon. Sara and Josh Margulis developed the site in 2006, grew the business until it became the seventh most-used wedding registry in the US, and then appeared on Shark Tank. The Margulis’ found an investor in Mr. Wonderful, Kevin O’Leary.
With O’Leary’s investment and connections, Honeyfund has expanded its business to include retail. The crowdfunding site struck partnerships with Macy’s, Pottery Barn, and Target, among others. And now wedding guests can give charitable gifts and home-down-payment gifts, as well. Still with no fees or set-up charges. According to the website, Honeyfund has raised more than $304 million for its clients.