Chang Ed Shark Tank Update
ChangEd - app that rounds up transactions to pay for student loan
What Happened to Chang Ed After Shark Tank
Is Chang Ed still in business? Yes — still in business and thriving.
- In the aftermath of the original air date, they gained tens of thousands of new users.
- Annual revenues as of April 2023 are $6 million, and they are managing more than $2 billion in student loans.
- By March 2024, ChangEd had helped pay off more than $75 million in student debt.
Last updated Sep 7, 2026. Web-confirmed sources.
Get updates on Chang Ed
The Chang Ed Shark Tank Pitch
Chang Ed, from Chicago, IL, pitched on Shark Tank Season 9, Episode 20, which aired Sunday, January 28, 2018, asking for $250,000 for 15% of the company — a $1.7M valuation.
Mark Cuban agreed to invest $250,000 for 25% equity, valuing the company at $1M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S9E20Jan 28, 2018
- Ask
- $250,000for 15%
- Ask Valuation
- $1.7M
Deal Terms
- Amount
- $250,000
- Equity
- 25%
- Valuation
- $1M