Wedy AI

Cursor for Events Industry
Manhattan

About Wedy AI

Wedy AI (featured on Shark Tank, backed by Techstars/J.P. Morgan) is building the AI operating system for the $1.3T events industry — a Cursor‑like workspace that automates pricing, inventory, and workflows while bundling fragmented services into curated, high‑converting packages.

In a single launch market, Wedy has booked 1,800+ services, driven $1.5M+ in gross revenue (with $31K net in July ’25), and now powers 30%+ of top vendors’ annual income. Unlike HoneyBook or Square, which stop at invoicing, Wedy is demand‑generating infrastructure: a full‑stack marketplace that books jobs through the CRM and automates fulfillment.

Now expanding to New York with $300K already committed toward a $2M round, Wedy is becoming the monetization layer for fragmented labor, turning high‑volume vendors into always‑on storefronts and building a proprietary dataset to train vertically‑specialized AI that scales supplier revenue.

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Problem statement

The $1.3T event services market is fragmented, offline, and supply-side constrained. The average vendor whether a venue, caterer, or photographer spends over 1,800 hours a year fielding low-intent leads, writing custom quotes, managing one-off contracts, and chasing scattered payments across DMs, PDFs, and spreadsheets.

Legacy platforms like The Knot function as static directories: no pricing intelligence, no real booking infrastructure. Most vendors operate like mini-agencies, with no vertical CRM, no shared inventory layer, and zero automation for pricing, availability, or bundling.

Despite handling 80-100 events/year, top vendors still rely on manual workflows and generic tools like HoneyBook or Dubsado, which stop at invoicing and do nothing to acquire or convert customers. There's no demand-side interface to productize their offerings into bookable, revenue-generating services.

The result? High CAC, poor utilization, and massive operational drag in a category where the seller should be winning.

Traction information

💰 $1.5M+ in gross revenue in the past year with a 24% take rate
📺 Featured on Shark Tank and Forbes
📦 1,800+ vendor services booked through the platform
🚀 3x YoY growth with strong vendor retention and repeat usage
🏆 Backed by Techstars / J.P. Morgan
🧠 Jared Simon (Co-founder & COO, HotelTonight – acquired by Airbnb) on board
📍 Portfolio company of Capital Factory, Austin

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Milestones

July 2025

$1.5M in revenue with 24% take rate

Since our Shark Tank and Forbes feature, we’ve driven $1.5M in gross revenue in the last 12 months and booked over 1,800 vendor services through the app. Our AI agents automate workflows and already account for 24%+ of annual income for top vendors.

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