ChangEd - About the company
ChangEd is a seed company based in Chicago (United States), founded in 2016 by Daniel Stelmach. It operates as a Fintech app that accelerates debt payoff through automated savings and micro-payments. ChangEd has raised an undisclosed amount in funding from FIS and Reseda Group. The company has 4 active competitors, including 3 that are funded. Its top competitors include companies like Chipper, SpenDebt and Piecewise.
Company Details
Fintech app that accelerates debt payoff through automated savings and micro-payments. This financial technology company empowers individuals to manage and eliminate debt faster, offering a debt payoff app that tracks spending, rounds up purchases, and applies the savings towards debt. It provides tools to set savings goals, automate payments, and monitor progress, fostering financial freedom and reducing stress. The platform supports various debt types, including student loans, credit card debt, auto loans, personal loans and mortgages. It is not a bank, but partners with a bank to provide banking services. It aims to change the way borrowers think about debt, making repayment pain-free and helping them achieve their financial goals sooner. The app offers features like credit score monitoring, a learning center, and resources for borrowers and their families. It is a B2C tech company with a social impact business model.
- Website
- www.gochanged.com/
Key Metrics
Founded Year
2016
Location
Chicago, United States
Stage
Seed
Latest Funding Round
Ranked
1st among 4 active competitors
Employee Count
17 as on May 31, 2026
Legal entities associated with ChangEd
ChangEd is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHANGED INC CIN: 825512790 , United States, Active | Dec 31, 2015 | - | - | - |
Sign up to download ChangEd's company profile
ChangEd's funding and investors
ChangEd has raised funding over 3 rounds. Its first funding round was on May 02, 2019. Its latest funding round was a Seed round on Mar 04, 2024 for $*****. 1 investor participated in its latest round. ChangEd has 6 institutional investors.
Here is the list of recent funding rounds of ChangEd:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2024 | 6254375 | Seed | 4794930 | 5885391 | 6391268 | 5827062 |
Sep 15, 2020 | 6363717 | Seed | 6226204 | 8264355 | 4569445 | |
May 02, 2019 | 2127895 | Seed | 6139701 | 7625227 | 2730714 |
View details of ChangEd's funding rounds and investors
ChangEd's founders and board of directors
Founder? Claim ProfileThe founders of ChangEd is Daniel Stelmach.
Here are the details of ChangEd's key team members:
- Daniel Stelmach: Co-Founder of ChangEd.
View details of ChangEd's Founder profiles and Board Members
ChangEd's employee count trend
ChangEd has 17 employees as of May 26. Here is ChangEd's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
ChangEd's Competitors and alternates
Top competitors of ChangEd include Chipper, SpenDebt and Piecewise. Here is the list of Top 10 competitors of ChangEd, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ChangEd 2016, Chicago (United States), Seed | Fintech app that accelerates debt payoff through automated savings and micro-payments | - | 46/100 | |
2nd | Chipper 2017, Austin (United States), Seed | Student debt management solution | $6.75M | 40/100 | |
3rd | SpenDebt 2015, Houston (United States), Seed | Automating debt payments through micro-transactions, empowering financial freedom | $150K | 34/100 | |
4th | Piecewise 2018, New York City (United States), Deadpooled | Debt management solution | $100K | 28/100 | |
5th | CommonCents 2016, New York City (United States), Deadpooled | Connects borrowers with lenders for smart payday loans online | - | 25/100 | |
6th | Zero Student Debt Initiative 2018, Boca Raton (United States), Funding Raised | Developer of a platform for repayment of student loans | - | 22/100 | |
7th | Pickpocket 2016, San Francisco (United States), Deadpooled | Debt management platform | - | 19/100 | |
8th | PayDit 2017, Fort Collins (United States), Deadpooled | Online platform for debt repayment | - | - | 15/100 |
9th | Genie 2021, Los Angeles (United States), Deadpooled | App-based platform for student loan repayment | - | - | 15/100 |
10th | Sum-sum 2019, Chicago (United States), Deadpooled | Debt management solution | - | - | 15/100 |
Looking for more details on ChangEd's competitors? Click here to see the top ones
ChangEd's Investments and acquisitions
ChangEd has made no investments or acquisitions yet.
Reports related to ChangEd
Here is the latest report on ChangEd's sector:
News related to ChangEd
•
Are you a Founder ?
FAQs about ChangEd
Explore our recently published companies
- Bake Or Break - 2006 founded, Unfunded company
- Martinez Landscaping - United States based, 1989 founded, Unfunded company
- Peak Asphalt - United States based, 1997 founded, Unfunded company
- Imagicle - Massarosa based, 2010 founded, Unfunded company
- iDO Devices - Noida based, 2025 founded, Seed company
- Onviant - 2018 founded, Unfunded company