Balanced YC Application
Balanced went through Y Combinator in the Winter 2011 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
- Winter 2011
- Industry
- FintechConsumer Finance
- Team size
- 11
- Status
- Inactive
- Launched
- 2012
Founders
- Glenn Dixon
What Balanced does
Payments for Marketplaces. We're obsessed with all forms of infrastructure, including communications, transportation, energy, waste management, and payments. Robust infrastructure creates a happier, more productive, and more prosperous society. You know exactly what I mean if you've traveled somewhere where you struggled to find a reliable Internet connect or even usable roads. You also know what I mean when you sit in traffic or struggle with public transportation (or lack thereof) in the US. Balanced was created to increase the global economy (increase GDP) by enabling new commerce. Our mechanism or facility to do that is payments. Everything else we do depends on how it fits into the vision for Balanced.
Balanced's YC application, reconstructed
Y Combinator application
Balanced, Winter 2011 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Balanced
Payments for Marketplaces
We are building a payments infrastructure specifically for marketplaces. Our product handles payment processing, escrow, and fund management to enable marketplace businesses to securely and efficiently move money between buyers and sellers. We focus on making payments simple and reliable for marketplace operators so they can grow without building complicated payment flows themselves.
We live and work in San Francisco, CA and the company will be based here after YC as well.
San Francisco is where the team is located and where we are close to the finance and tech ecosystem critical to building our fintech product. Being here keeps us close to potential partners, banks, and the marketplace startups that need our product.
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 Balanced YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Balanced's public data (launch notes, founder backgrounds, product description). It shows how a company like Balanced would present itself to YC, not the text they submitted.
What YC batch was Balanced in?
Balanced was part of the Y Combinator Winter 2011 batch.
Who founded Balanced?
Balanced was founded by Glenn Dixon.
What does Balanced do?
Payments for Marketplaces
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Balanced's application, and every other YC batch, is in YC Insights.
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