Scholly is a blessing to several American students, and many wonder, “What is Scholly’s net worth?”.
This exciting app makes it easy for competent students to discover and apply for many outstanding scholarships.
So, what is this company really worth after going so far in the American academic industry?
Scholly has a net worth of approximately $1.5 million.
The company’s success began with its successful trial at Shark Tank, which gave the business publications in various media.
It is presently the most popular college scholarship app for its hundreds of thousands of downloads after launching.
The app, which was initially a dollar, is now available for free.
Scholly is an exciting platform worth all the accolades for the help it offers students. Continue with this exciting post to learn more.
What Is Scholly?
Scholly is a scholarship search engine created by American Christopher Gray. The program matches students to scholarships for which they are eligible.
Then it offers personalized suggestions for funding post-secondary education. Christopher Gray, its founder, was born and raised in the Philadelphia area.
He had a rough upbringing from a single mother who had trouble finding and holding down steady employment.
Gray enrolled at Drexel University to change his life by learning about business and money.
He devoted almost seven months of his life to seeking financial aid.
He spent countless hours in public libraries using their computers to fill out scholarship applications and compose essay responses.
Gray used his technique to earn almost $1.3 million in scholarship money.
His experience motivated him to develop a smartphone app to help students worldwide apply to college more easily.
Together with programmers Nick Pirollo and Bryson Alef, he founded the company Scholly.
The app was considered a success when it was released to the public in 2013.
Thousands of students have benefited from its extensive database of authentic scholarship opportunities, which can be accessed in minutes.
Inputs like grade point average, race, gender, and state provide a curated list of scholarship opportunities.
What Is Scholly’s Net Worth?
Scholly has a net worth of approximately $1.5 million.
In the wake of their Shark Tank appearance, Scholly was profiled in publications including BusinessWeek, Forbes, Fortune, Fox News, etc.
Not only has Gray met Oprah and Bill Gates, but he has also been invited to the White House on two occasions.
Soon after its release, Scholly had more than 850,000 downloads, making it the most popular college scholarship app overall.
The app was $0.99 before Shark Tank but is now available at no cost.
This day, the app’s creators are toiling away at adding a function to aid in the payment of educational loans.
They’re working on a solution alongside actor Jesse Williams.
More than $100 million in scholarship money has been claimed with Scholly’s help.
Due to market pressure from other businesses, financial details, including annual sales, are not disclosed publicly.
Conclusion
Scholly has made a name in the industry and is undoubtedly going nowhere anytime soon for its philanthropic deeds.
And it’s net worth will definitely continue to grow over time.
