CaptivateIQ

CaptivateIQ YC Application

Winter 2018Active

CaptivateIQ went through Y Combinator in the Winter 2018 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 2018
Industry
B2BFinance and Accounting
Team size
280
Status
Active
Launched
2017

Founders

  • Mark Schopmeyer
    Mark SchopmeyerFounder/CEO
  • Hubert Wong
    Hubert WongFounder/CTO
  • Conway Teng
    Conway TengFounder

What CaptivateIQ does

CaptivateIQ is on a journey to modernize the world of incentive compensation. Our hope is that people will feel more connected at work if there is greater transparency in how they are rewarded for their efforts. We partner with amazing companies like Carta, Intercom, Gong, and Newfront Insurance to simplify their commissions. Since launching in 2017, we have raised $63M and are backed by leading investors including Sequoia Capital, Accel, S28 Capital, Amity Ventures, and Y Combinator.

CaptivateIQ's YC application, reconstructed

Y Combinator application

CaptivateIQ, Winter 2018 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

CaptivateIQ

Describe what your company does in 50 characters or less.

Agile commission software to design, deploy & adapt plans

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

We built software that lets sales ops and finance teams design, deploy, and update commission plans quickly and accurately. Our platform removes the manual spreadsheets and black-box calculations that keep reps in the dark and finance teams stuck on slow, error-prone processes.

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

We live in San Francisco and the company is based here, but we support a remote team as well.

Explain your decision regarding location.

San Francisco has the technical talent and business environment that helps us hire engineers and close enterprise customers who need reliable commission software.

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 CaptivateIQ YC application?

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

What YC batch was CaptivateIQ in?

CaptivateIQ was part of the Y Combinator Winter 2018 batch.

Who founded CaptivateIQ?

CaptivateIQ was founded by Mark Schopmeyer, Hubert Wong, Conway Teng.

What does CaptivateIQ do?

Agile commission software to design, deploy & adapt commission plans.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of CaptivateIQ's application, and every other YC batch, is in YC Insights.

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