Altro YC Application
Altro went through Y Combinator in the Summer 2020 batch as a Fintech 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
- Summer 2020
- Industry
- FintechConsumer Finance
- Team size
- 29
- Status
- Acquired
- Launched
- 2020
Founders
Michael BroughtonFounder
Ayush JainFounder
What Altro does
Altro (altro.io) is a platform that enables members to build credit no matter who they are, where they are from, or their history of credit access/score. We serve the 68M people in the US (mainly Women and POC) who are denied credit due to historical bias and the lack of access that current banks provide to credit building and tools. (It wasn't until The Equal Credit Opportunity Act in the 1970's that Women and "Minorities" could even get fair access to credit)! Altro has created a mobile that allows anyone to have access to credit, using their subscriptions as a means to start building their credit score. Altro lends to members a $75 Line of Credit to pay for their subscriptions, such as Netflix, Hulu, HelloFresh, etc. This card is built to solely work on the subscriptions that the member is already paying for, allowing them to securely use their $75 credit to build their credit using things they are already paying for. Doing this empowers folx who were denied credit a way to start building their score and financial power. Altro will service millions of people in not only building their credit, but also gaining access to the tools (such as personal loans, emergency funds, car/house loans and more) that they could not access prior.
Altro's YC application, reconstructed
Y Combinator application
Altro, Summer 2020 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Altro
Build Credit With Your Subscriptions
We built a mobile platform that lets people build credit by using a $75 line of credit to pay for subscriptions they already have, like Netflix or Hulu. This lets those denied credit start building a credit score through payments on services they are already paying for.
We live in Los Angeles, CA, and after YC we plan to keep the company based here while supporting remote team members.
Los Angeles has a diverse population that our product serves and gives us access to tech talent. We also support remote work to hire the best people wherever they are.
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 Altro YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Altro's public data (launch notes, founder backgrounds, product description). It shows how a company like Altro would present itself to YC, not the text they submitted.
What YC batch was Altro in?
Altro was part of the Y Combinator Summer 2020 batch.
Who founded Altro?
Altro was founded by Michael Broughton, Ayush Jain.
What does Altro do?
Build Credit With Your Subscriptions
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Altro's application, and every other YC batch, is in YC Insights.
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