Scholly is a college scholarship-finding app. This was started by Christopher Gray in 2013. As of November 2023, Scholly’s net worth is around $1.5 million. The company’s current annual revenue is not openly shared.
In February 2015, they appeared on Season 06 of Shark Tank USA and made a deal with Lori Greiner and Daymond John for $40,000 for 15% of equity. The final valuation was $266,000, as same as the founder’s initial estimate.
Scholly is a convenient and highly beneficial app for students to get notified on scholarships for colleges. The company thrived after its pitch on Shark Tank. As of November 2023, Scholly is still active in business. You can sign up through their website and access their service.
Scholly Net Worth
| Net worth | $1.5 million |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investors | Lori Greiner and Daymond John |
| Founder | Christopher Gray |
| Employees | 10-50 |
Scholly Net Worth Timeline
| Net Worth 2023 | $1.5 million |
| Net Worth 2022 | – |
| Net Worth 2021 | – |
| Net Worth 2020 | – |
| Net worth valuation in 2015 after appearing on Shark Tank | $266,000 |
| Net worth valuation in 2015 before appearing on Shark Tank | $266,000 |
Scholly Pitch on Shark Tank
| Company name | Scholly |
| Product | A college scholarship-finding app |
| Episode | Season 06 Episode 20 |
| Founder | Christopher Gray |
| Asked for | $40,000 for 15% equity |
| Final deal | $40,000 for 15% equity |
| Sharks | Lori Greiner and Daymond John |
| Location | Philadelphia, Pennsylvania |
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Scholly Founder
Christopher Gray founded Scholly in 2013. Christopher came with the idea of building the Scholly app when he was a senior high school student. He could win a $1.3 million scholarship for himself. Thus, wanted to help students like him to find scholarship opportunities. Christopher graduated from Drexel University with a major in Economics. Currently, he is successfully running his business. Scholly’s founder Christopher Gray’s net worth is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2015 | Scholly got featured on Shark Tank and secured a deal |
| 2016 | Sholly’s CEO Christopher Gray won the Smithsonian American Ingenuity Award for Youth Achievement in 2016 |
| 2017 | Christopher Gray made it to the 30 under 30 list on Forbes |
| 2020 | Sholly won the BluePrint $10,000 Scholarship |
| 2023 | From 2015 till 2023, the Scholly app has 3000+ 5-star reviews and was recognized as one of best scholarship apps in the world |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Scholly and its continued success.