Abacus YC Application
Abacus went through Y Combinator in the Winter 2014 batch as a B2B company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.
- YC batch
- Winter 2014
- Industry
- B2BFinance and Accounting
- Team size
- 30
- Status
- Acquired
- Launched
- 2013
Founders
Omar QariFounder/CEO
Ted PowerFounder/CPO
Joshua HalickmanFounder/CTO
What Abacus does
Abacus is the only real-time expense management solution to reimburse your team, reconcile corporate cards, and automate your expense policy. By eliminating the month-end expense report, Abacus turns submitting and approving expenses into a delightful, collaborative experience. With our mobile app, you'll quickly submit and approve expenses on the go and reimbursements now happen within days. Abacus syncs with your accounting software and auto-matches transactions for hassle-free bookkeeping. Come work with us! We're hiring: abacus.com/about#hiring
Abacus's YC application, reconstructed
Y Combinator application
Abacus, Winter 2014 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Abacus
Making expense reports obsolete
Abacus is a real-time expense management platform that automates submitting and approving employee expenses, reimburses teams quickly, reconciles corporate card transactions, and syncs with accounting software. It replaces traditional month-end expense reports with a mobile app that makes expense reporting and approval fast and collaborative.
We live in New York, NY, and plan to base the company here after YC as well.
New York is where our team and initial customers are based. Being close to finance and accounting professionals helps us understand and solve their problems better.
21 more answers in the full application
Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.
Frequently Asked Questions
Is this the real Abacus YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Abacus's public data (launch notes, founder backgrounds, product description). It shows how a company like Abacus would present itself to YC, not the text they submitted.
What YC batch was Abacus in?
Abacus was part of the Y Combinator Winter 2014 batch.
Who founded Abacus?
Abacus was founded by Omar Qari, Ted Power, Joshua Halickman.
What does Abacus do?
Making expense reports obsolete
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Abacus's application, and every other YC batch, is in YC Insights.
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