About Scholly
Scholly is a company based in Philadelphia (United States) founded in 2013.. Scholly has raised $160 thousand across 3 funding rounds from investors including StartUp PHL. The company has 23 employees as of December 31, 2022. Scholly offers products and services including Student Loans, Scholarship Platform, and FAFSA Guide. Scholly operates in a competitive market with competitors including RaiseMe, Breakthru, Zinch, ScholarJet and ScholarMe, among others.
- Headquarter Philadelphia, United States
- Employees 23 as on 31 Dec, 2022
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scholly, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$160 K (USD)
in 3 rounds
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Latest Funding Round
$100 K (USD), Seed
Sep 29, 2015
- Investors
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Employee Count
23
as on Dec 31, 2022
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Products & Services of Scholly
Scholly offers a comprehensive portfolio of products and services, including Student Loans, Scholarship Platform, and FAFSA Guide. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides loans for educational expenses to students.
Platform for searching and applying to college scholarships.
Offers guidance on completing federal financial aid applications.
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Funding Insights of Scholly
Scholly has successfully raised a total of $160K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $100,000
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First Round
First Round
(15 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Seed - Scholly | Valuation |
investors |
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| Feb, 2015 | Amount | Seed - Scholly | Valuation |
investors |
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| May, 2014 | Amount | Seed - Scholly | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scholly
Scholly has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include StartUp PHL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scholly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Scholly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scholly Comparisons
Competitors of Scholly
Scholly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RaiseMe, Breakthru, Zinch, ScholarJet and ScholarMe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Micro-scholarships are earned by students for high school achievements.
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| domain | founded_year | HQ Location |
A data platform is offered to engage young communities.
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| domain | founded_year | HQ Location |
Student profiles are hosted to enable college recruitment and scholarships.
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| domain | founded_year | HQ Location |
Scholarship seekers are connected to donors through challenge completion.
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| domain | founded_year | HQ Location |
Online platform providing scholarship and student loans for college students
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Scholly
When was Scholly founded?
Scholly was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Scholly located?
Scholly is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is Scholly a funded company?
Scholly is a funded company, having raised a total of $160K across 3 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on May 15, 2014.
How many employees does Scholly have?
As of Dec 31, 2022, the latest employee count at Scholly is 23.
What does Scholly do?
Scholly was founded in 2013 in Philadelphia, United States, operating in the education technology sector. A platform for discovering scholarships is offered to high school students, along with support for college application essays. Adaptive algorithms are employed to identify relevant opportunities based on individual profiles. Access is provided through applications compatible with Mac and PC systems.
Who are the top competitors of Scholly?
What products or services does Scholly offer?
Scholly offers Student Loans, Scholarship Platform, and FAFSA Guide.
Who are Scholly's investors?
Scholly has 1 investor. Key investors include StartUp PHL.
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