Y Combinator

Y Combinator’s founder matching tool has quietly become one of most powerful offerings. That’s how medical records AI startup Hona was founded.

How Y Combinator’s founder-matching service helped medical records AI startup Hona land $3M

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Investors won’t give you the real reason they are passing on your startup

“When an investor passes on you, they will not tell you the real reason,” said Tom Blomfield, group partner at Y Combinator. “At seed stage, frankly, no one knows what’s going to fucking happen. The future is so uncertain. All they’re judging is the perceived quality of the founder. When they pass, what they’re thinking…

11:00 am PDT • April 27, 2024
Investors won’t give you the real reason they are passing on your startup

Givebutter recently raised $50 million for its CRM platform for nonprofits as startups building tech for that industry gain momentum.

Deal Dive: Givebutter is turning a profit making tech for nonprofits

Fintoc’s API lets online businesses accept instant payments coming directly from the customer’s bank account. This method, known as A2A, offers an alternative to credit card transactions.

Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market

Though many eyes are on space as orbit develops into a thriving business ecosystem, Radical is keeping things a little closer to the ground — but not too close. Its…

Radical thinks the time has come for solar-powered, high-altitude autonomous aircraft

The transaction represents a premium of a whopping 212% over Matterport’s last closing share price before the deal was announced on April 22.

Y Combinator alum Matterport is being bought by real estate juggernaut CoStar at a 212% premium

Brazilian startup Salvy, a mobile carrier for businesses, was the only company based in Latin America in Y Combinator’s latest batch, the accelerator confirmed to TechCrunch.

Y Combinator’s latest cohort had only one LatAm startup in large part because of AI

Welcome to TechCrunch Fintech! This week, we’re looking at just how many fintech companies made it into Y Combinator’s Winter 2024 cohort, how much funding slid in the first quarter,…

Fintech representation in YC’s Demo Days is definitely shrinking

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to receive the Startups Weekly newsletter in your inboxes. It’s…

Startups Weekly: Let’s see what those Y Combinator kids have been up to this time

Cross-border is hot right now, so it’s no surprise that one of the trends among Y Combinator’s Winter 2024 batch of nearly 30 fintech startups is how to more easily…

Cross-border fintech stands out in Y Combinator’s Winter 2024 cohort

Despite an overall decline in startup investing, funding for AI surged in the past year. Capital toward generative AI ventures alone nearly octupled from 2022 to 2023, reaching $25.2 billion…

These AI startups stood out the most in Y Combinator’s Winter 2024 batch

Garry Tan expressed his displeasure at California State Assembly member Matt Haney over a proposed late-night email bill he authored.

Y Combinator’s Garry Tan chastises a San Francisco lawmaker again — this time about an email bill

Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a…

Reddit stock closes up nearly 48% on its first day of trading

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email…

YC-backed digital bank Onyx Private tells customers it’s closing their accounts

A startup out of Paris that began life building marketing tools has raised $22 million after making a successful pivot into billing — a space it discovered was even more…

Lago, a Paris-based open source billing platform, banks $22M

In enterprise software-as-a-service (SaaS), usage-based pricing — a pricing model in which customers are charged only when they use a product or service — is gaining ground. According to a…

OpenMeter makes it easier for companies to track usage-based billing

Recurring revenue is pretty much the holy grail for any business — it’s precisely why Apple has segued toward being almost as much a services company as it is a…

Subsets helps subscription businesses reduce churn with ‘retention experiments’ and explainable AI

Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.  Criticism from former members of its decisions…

As Techstars retools, some former staffers say it lost focus on what made it successful

Stephanie Song, formerly on the corporate development and ventures team at Coinbase, was often frustrated by the volume of due diligence tasks she and her team had to complete on…

Dili wants to automate due diligence with AI

Leveraging resources such as virtual data rooms and shared labs makes it easier for biotech startups to grow. This is good news: We need more companies attacking cancer from novel…

Y Combinator wants 100 times more MRI scans

Y Combinator is putting hard tech in the spotlight. On Wednesday, the accelerator released an updated list of ideas it would like to see in applications — with categories like…

The hard tech renaissance accelerates as YC spotlights space, manufacturing and defense

Spatial computing, climate tech and applications of AI technology join the newly announced list of startup incubator Y Combinator’s newest request for startups, announced on Wednesday. In a blog post…

Y Combinator puts out a new call for startups in areas like AI, spatial computing, climate tech and more

A Y Combinator-backed startup called Cambio is bringing AI to the banking world in a surprising way: It’s putting AI bots on the phone with companies and consumers. The startup…

YC-backed Cambio puts AI bots on the phone to negotiate debt, talk to a bank’s customers

GenAI might be one of the most exciting technologies today. But it’s also one of the fastest-moving — posing a challenge for enterprises keen to deploy it. With each new…

Crux is building GenAI-powered business intelligence tools

Aaron Peskin says Garry Tan’s now deleted X post did “harm to democratic discourse.”

Three San Francisco supervisors receive threats following YC President Garry Tan’s tweet

Garry Tan, whose success in Silicon Valley has likely inspired many of the founders he mentors, is once again attracting attention for his posts on the social platform X. On…

Y Combinator President Garry Tan publishes a menacing tweet before deleting it, apologizing: ‘Die slow motherf*ckers’

The Gates Foundation is pumping millions into C16 Biosciences, the Y Combinator-backed company fermenting palm oil alternatives.

Startup brewing waste to replace palm oil gets Gates Foundation cash

Developers add Pier’s APIs with a few lines of codes, and the company then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing.

Pier banks $2.4M to launch ‘Stripe for credit’

A few years ago, Karine Mellata and Michael Lin met while working at Apple’s fraud engineering and algorithmic risk team. Both engineers, Mellata and Lin were involved with helping to…

Y Combinator-backed Intrinsic is building infrastructure for trust and safety teams

Poor grocery demand forecasting is responsible for more waste than you might expect. According to one source, grocery stores in the U.S. toss 10% of the roughly 44 billion pounds…

Y Combinator-backed Guac trains algorithms to predict grocery demand