Chang Ed
ChangEd - app that rounds up transactions to pay for student loan
Pitch Details
Season / Episode
S9E20
Jan 28, 2018
Ask
$250,000
for 15%
Ask Valuation
$1.7M
Deal
$250,000
for 25%
Watch the Pitch
Deal Terms
Amount$250,000
Equity25%
Valuation$1M
Mark CubanWhat Happened Next
Thriving
0- 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.
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