AXDRAFT YC Application

Winter 2019Acquired

AXDRAFT went through Y Combinator in the Winter 2019 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 2019
Industry: B2BLegal
Team size: 34
Status: Acquired
Launched: 2018

Founders

Oleg ZarembaFounder
Yuriy ZarembaFounder

What AXDRAFT does

AXDRAFT analyzes patterns in your legal documents and transforms drafting process from erroneous and time consuming copy and paste to a mistake-free simple Q&A. The average time to draft a document with AXDRAFT is less than 4 minutes. On top of this AXDRAFT allows to integrate data into the document from public registers and your internal databases, eliminating the need to double check every data input. Data validation, e-signatures, access control, document id, visibility and personal accountability for drafted documents. All of this is possible with AXDRAFT. 45 corporations using AXDRAFT reduce time spent on drafting legal documents by up to 90% and shorten their approval cycles by up to 4 days. Both of these improvements mean more deals and better financial results for your company every quarter. And the best part is that from the moment we sign the contract AXDRAFT can be up and running in 2 weeks. Few case studies are available here:

AXDRAFT's YC application, reconstructed

Y Combinator application

AXDRAFT, Winter 2019 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

AXDRAFT

Describe what your company does in 50 characters or less.

Draft, negotiate, and approve legal documents faster

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

AXDRAFT is a SaaS platform that transforms the legal document drafting process. Instead of copy-paste errors and slow iteration, we analyze your existing contracts to create a Q&A interface that lets users generate accurate documents in under 4 minutes. We integrate data from public registers and company databases, add validation, e-signatures, and access controls to speed approvals and reduce mistakes for legal teams in corporations.

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

Our teams are based in Kyiv and Lviv, Ukraine, and Frankfurt, Germany. We would continue to base the company around these hubs after YC.

Explain your decision regarding location.

We operate from Kyiv, Lviv, and Frankfurt because these cities have strong engineering talent and legal market connections, which are critical for developing and selling our product to corporations in Europe.

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 AXDRAFT YC application?

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