Scholly Net Worth, Wikipedia, App, Shark Tank, In this post, we are going to talk about Scholly, which is a scholarship platform featured on Shark Tank Season 6. There are many interesting things you should know about Scholly. Let’s get ready to read this post where you will know the net worth of Scholly along with its founder details:
Scholly Net Worth, Wikipedia, App, Shark Tank
What is Scholly?
It is a scholarship app, which has been featured on Season 6 of Shark Tank. Scholly appears to be a mobile application, which is designed to assist students looking for scholarships for pursuing their higher education.
Having a simple search process can help students find the best scholarship according to their unique profiles and academic records. It shows relevant scholarship opportunities for students.
Being a student, you need to create a profile on Scholly and provide your accurate information along with other details such as personal interests/hobbies and extracurricular activities.
Scholly uses advanced algorithms to create a curated scholarship list, which matches the profile of a particular student. In the list, students will see both local and national scholarship options. This is how Scholly is one of the most comprehensive and diverse scholarship apps.
The app offers personalized assistance to students during the application process. This feature makes it a unique app among others.
Students can seek guidance on how to write engaging and compelling essays, prepare for interviews, create attractive resumes, etc. This is how Scholly helps students to get a competitive edge.
Along with that, Scholly sends reminders related to upcoming deadlines from time to time, making sure that students never miss out on a chance to get potential scholarship options.
The most interesting thing about Scholly is that it has a user-friendly interface and an in-built design. Students can use Scholly easily because of its ease-of-navigation feature. With Scholly, you will get a seamless and great experience.
Scholly App Net Worth
Scholly Shark Tank Net Worth
Christopher Gray, the founder of Scholly, went on Shark Tank after developing the app. On Shark Tank, he made a deal with Daymond John and Lori Greiner. As of 2023, the net worth of Scholly is around USD 1.5 million.
He offered the Sharks 15 percent of his startup in exchange for USD 40k. During season 6, he entered the show and caught the attention of Shark Tank investors once he simply explained how the app worked.
Furthermore, he fascinated the Sharks after mentioning that over USD 100 million worth of scholarship funds don’t get claimed each year.
The investors loved the business model and teamed up to divide the USD 40k investment without even knowing how much the app was currently earning.
Robert did not want the Shark Tank show to become a charity, creating a scene. Despite all the mess, the Scholly founder agreed to Lori and Daymond.
After the episode of The Shark Tank, it received 80k requests within hours. It was featured on many major media outlets such as Fortune Magazine, Forbes, and Fox News. The founder also met Oprah and Bill Gates. He has been invited to the Whitehouse two times.
Soon, the app turned out to be the #1 college scholarship app in the app store with more than 850k downloads. Its cost was USD 0.99 before Shark Tank and after Shark Tank; it costs USD 4.99 per month.
Know about the founder of Scholly
Christopher Gray is the CEO and founder of Scholly. Grew up in poverty and often homeless, his dreams of attending college looked unachievable until he won USD 1.3 million in scholarships.
When he was a student at Drexel University, he changed his experience to an enterprise and developed an app, Scholly. He wanted to help other students who were also dreaming of higher studies but having lack of funds.
He gave a way for students to find and apply for scholarships easily that would let them attend college and improve their learning potential without getting into lots of debt.
More about Scholly Wikipedia
Since its launch in 2014, the mobile-based scholarship app has helped 2 million subscribers get more than USD 100 million in scholarships to fund their higher studies. It won the 2017 National Parenting Product Award in the mobile app category.
He launched Scholly Scholarship Summit in early 2018, which is a live touring event and workshop offering educational guidance. It offers young Americans the right tools to meet their higher education goals and dreams.
Scholly is free to download. But there is a condition that a user either needs to test out a trial or pay a fee every month. Scholly has a variety of features, which make its users stunned. These features include:
- Scholarship Search
- Application Assistance
- Personalized Matches
- Deadline Reminders
- Tracking and Organization
Scholly also offers additional resources such as Educational Resources, College Planning Awareness, and Financial Literacy Tools. In the end, we can say that Scholly is a helpful scholarship tool for American students to grab the best scholarship options.
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