Shark Tank 2400 Expert Net Worth and Updates

Shaan Patel pitched 2400 Expert on Shark Tank Season 7 in 2016, seeking $250,000 for 10% equity, valuing the company at $2.5 million. The business offers SAT test preparation courses founded by Patel, who achieved a perfect 2400 SAT score and developed a system to help students replicate his success.

Before appearing on the show, 2400 Expert had generated $1.2 million in sales over four years with annual revenue doubling. The company operated six-week in-person courses in Las Vegas for under $1,000 and newly launched online courses for $600. Students averaged 350-point score improvements, and the company employed 18 certified instructors nationwide.

All sharks initially hesitated due to Patel’s part-time involvement and scalability concerns. However, Mark Cuban saw potential and offered $250,000 for 20%—higher than requested—which Patel accepted.

The partnership transformed the business. In 2016, the company rebranded to Prep Expert and expanded services to include ACT prep, tutoring, and college admissions consulting. By 2023, revenue reached $5 million, and recent estimates suggest it now generates approximately $50 million annually. The team grew from 10 to 50+ employees.

While building the company, Patel completed his MBA at Yale and earned a medical degree from USC, becoming a board-certified dermatologist. Prep Expert has helped over 100,000 students gain college admissions and over $100 million in scholarships.