Scholly is an online platform that helps students find and apply for scholarships. The company was founded in 2013 by Christopher Gray, a young man who managed to secure $1.3 million in scholarships himself to attend Drexel University. Since then, Scholly has grown rapidly and helped students across the United States access millions of dollars in scholarship funding. In this article, we will explore the net worth of Scholly and how it has become one of the most successful scholarship platforms in the country.
What is Scholly?
Scholly is an online platform that helps students find and apply for scholarships. The platform uses a matching algorithm to match students with scholarships that they are most likely to be eligible for. Students simply need to create a profile, input their information, and the platform will provide them with a list of scholarships that they can apply for. Scholly also provides resources such as essay tips, application advice, and interview preparation to help students increase their chances of winning scholarships.
How Scholly Works
Scholly works by using a matching algorithm that takes into account a student’s background, interests, and academic achievements to find scholarships that they are most likely to be eligible for. Students can create a profile on the platform, input their information, and then browse through a list of scholarships that match their profile. Scholly also provides additional resources such as essay tips, application advice, and interview preparation to help students increase their chances of winning scholarships.
Scholly’s Success
Scholly has been a huge success since its launch in 2013. The platform has helped students across the United States access millions of dollars in scholarship funding. In 2015, Scholly won the “Cupid’s Cup” entrepreneurship competition, which was hosted by Under Armour CEO Kevin Plank. The competition awarded Scholly with $115,000 in funding, which helped the company expand its services and reach even more students.
Net Worth of Scholly
The exact net worth of Scholly is not publicly known, as the company is privately owned. However, it is estimated that the company is worth several million dollars. Scholly has received funding from various investors, including Daymond John, the founder of FUBU and a Shark Tank investor. In 2018, Scholly raised $15 million in a Series B funding round led by NBA superstar Carmelo Anthony’s Melo7 Tech Partners.
Conclusion
Scholly is an online platform that has helped thousands of students across the United States access millions of dollars in scholarship funding. The platform uses a matching algorithm to match students with scholarships that they are most likely to be eligible for, and also provides additional resources such as essay tips, application advice, and interview preparation to help students increase their chances of winning scholarships. While the exact net worth of Scholly is not publicly known, it is estimated that the company is worth several million dollars and has received funding from various investors.
