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Y Combinator

USGBDEFRINSGCAAUILOtherB2B SaaSAI/MLFintechHealthtechClimateDevtoolsConsumerMarketplacesDeep TechBio/PharmaEnterpriseOther

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Investment thesis

Y Combinator pioneered the modern batch-based accelerator model in 2005 with a mission to 'turn builders into formidable founders.' YC invests a standard $500,000 in every accepted company — $125,000 on a post-money SAFE for 7% equity, plus $375,000 on an uncapped SAFE with a Most Favored Nation provision — and runs four cohorts per year (Winter, Spring, Summer, Fall), each lasting three months in San Francisco. The firm is stage- and sector-agnostic, backing founders at the earliest possible moment, often before a finished product or significant revenue exists, across AI, fintech, healthtech, climate, devtools, consumer, and beyond. YC's value proposition extends well beyond capital: intensive mentorship from partners who are all former YC founders, access to a 6,000+ alumni network, and a Demo Day that concentrates the world's top investors on a single cohort. As YC states, 'YC doesn't end on Demo Day — we and the YC alumni network continue to help founders for the life of their company, and beyond.' The firm has backed more than 5,000 companies with a combined valuation exceeding $1.3 trillion, including Airbnb, Stripe, Coinbase, DoorDash, OpenAI, and Dropbox.

Notable quotes

“A formidable person is one who seems like they'll get what they want, regardless of whatever obstacles are in the way.”

Paul Graham · Y Combinator website (ycombinator.com)

“YC invests $500,000 in each company — $125,000 for 7% ownership, with another $375,000 that rolls into its next equity round.”

Garry Tan · Forbes – Y Combinator Is Raising Billions In New Funding · 2024-03-22

“They arrive at YC at all different stages. Some haven't even started working yet, and others have been launched for a year or more. But whatever stage a startup is at when they arrive, our goal is to help them to be in dramatically better shape 3 months later.”

Y Combinator · Y Combinator – What Happens at YC (ycombinator.com/about.html)

Team

Garry Tan

President & CEO, General Partner

B2B SaaSAI/MLConsumerDevtools

Gustaf Alströmer

General Partner

ConsumerB2B SaaSMarketplaces

Harj Taggar

General Partner

B2B SaaSEnterpriseDevtools

Jared Friedman

General Partner

AI/MLDevtoolsDeep Tech

Michael Seibel

General Partner

ConsumerB2B SaaSMarketplaces

Tom Blomfield

General Partner

FintechB2B SaaSConsumer

Recent investments

CompanyRoundSizeDate
OpenAIAccelerator/Seed—2015-01-01
AirbnbAccelerator/Seed—2009-01-01
StripeAccelerator/Seed—2009-01-01
CoinbaseAccelerator/Seed—2012-01-01
DoorDashAccelerator/Seed—2013-01-01
DropboxAccelerator/Seed—2007-01-01
InstacartAccelerator/Seed—2012-01-01
Scale AIAccelerator/Seed—2016-01-01
LegoraSeries D$550m2026-03-01
ReplitAccelerator/Seed—2018-01-01

Frequent co-investors

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