Scholly
Scholly - Online Services
Pitch Details
Season / Episode
S6E20
Feb 20, 2015
Ask
$40,000
for 15%
Ask Valuation
$266,667
Deal
$40,000
for 15%
Watch the Pitch
Deal Terms
Amount$40,000
Equity15%
Valuation$266,667
What Happened Next
Acquired
Acquired by Sallie Mae in 2023 for undisclosed sum
$5M
estimated
- Deal with Lori Greiner and Daymond John
- $30M+ total revenue
- 5 million app users
- $100M+ in scholarships helped
- Acquired by Sallie Mae in 2023
- Now free for all students as Scholly by Sallie
- Daymond John reported 40x return on investment
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