Chang Ed Shark Tank Update

ChangEd - app that rounds up transactions to pay for student loan

DealNow:ThrivingChildren & EducationSeason 9, Episode 20Chicago, ILWebsite

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