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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/Seed2015-01-01
AirbnbAccelerator/Seed2009-01-01
StripeAccelerator/Seed2009-01-01
CoinbaseAccelerator/Seed2012-01-01
DoorDashAccelerator/Seed2013-01-01
DropboxAccelerator/Seed2007-01-01
InstacartAccelerator/Seed2012-01-01
Scale AIAccelerator/Seed2016-01-01
LegoraSeries D$550m2026-03-01
ReplitAccelerator/Seed2018-01-01

Frequent co-investors

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