Asseta YC Application

Summer 2013Active

Asseta went through Y Combinator in the Summer 2013 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: Summer 2013
Industry: B2B
Team size: 4
Status: Active
Launched: 2013

Founders

Garrett BeckFounder

What Asseta does

Asseta is an online marketplace for used capital equipment and parts. We utilize innovative software to bring buyers and sellers together so you can efficiently and transparently collaborate during equipment transactions. Our web based platform ensures easy price discovery for interested parties and high touch customer service. Today over $100B is spent on used manufacturing equipment offline via brokers and middlemen. This huge but un-sexy market has yet to be transformed by technology. The incumbent firms rely on large sales forces and the fragmentation of the market to charge huge margins. We believe in a better solution. Founded in 2013, Asseta is Y Combinator backed startup based in Newport Beach. For more information, visit Check out our AngelLilst profile here:

Asseta's YC application, reconstructed

Y Combinator application

Asseta, Summer 2013 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Asseta

Describe what your company does in 50 characters or less.

Marketplace for industrial spare parts and capital equipment

What is your company going to make? Please describe your product and what it does or will do.

We built a web-based marketplace to connect buyers and sellers of used manufacturing equipment and industrial parts. It enables transparent price discovery, direct negotiation, and collaboration to replace brokers and middlemen in a highly fragmented $100B offline market.

Where do you live now, and where would the company be based after YC?

We live and work mainly in Newport Beach, CA, with some team members remote; after YC, we plan to keep the company based in Newport Beach.

Explain your decision regarding location.

We picked Newport Beach because it's where the founding team is located and connected to the manufacturing industry. Remote work helps us cover more ground, but our core remains local to stay close to customers and assets.

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.

See full application

Frequently Asked Questions

Is this the real Asseta YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Asseta's public data (launch notes, founder backgrounds, product description). It shows how a company like Asseta would present itself to YC, not the text they submitted.