Joy has raised $60 million to expand its wedding platform and all-in-one registry to more occasions, CEO Vishal Joshi tells Axios exclusively.
Why it matters: There will be an estimated 2.47 million weddings this year, a 24% increase from the year prior, according to research firm The Wedding Report.
Average spending will be around $24,300 this year, per the report, which says much of the increase was spurred by pandemic cancellations.