Cover YC Application

Winter 2016Inactive

Cover went through Y Combinator in the Winter 2016 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 2016
Industry: FintechInsurance
Team size: 50
Status: Inactive
Launched: 2015

Founders

Karn SaroyaFounder/CEO
Anand DhillonFounder
Natalie GrayFounder/Design

What Cover does

Cover is an Android and iOS mobile application that allows its users to insure anything by taking a picture of what they need to insure. It partners with many insurance companies and brokers to provide its users with the best available rates. The application allows its users to insure vehicles, mobile phones, pets, jewelry, houses, boats, tours, and more. It was launched in Toronto, Ontario, Canada.

Cover's YC application, reconstructed

Y Combinator application

Cover, Winter 2016 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Cover

Describe what your company does in 50 characters or less.

Mobile-first insurance platform

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

We built a mobile app for Android and iOS that lets users insure anything by simply snapping a photo of the item. Our app connects with multiple insurance companies and brokers to find good rates on vehicles, phones, pets, jewelry, houses, boats, and tours. Instead of filling out forms or calling agents, users can get coverage quickly and easily through their phone.

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

We live in San Francisco, and the company is based there now and would remain so after YC.

Explain your decision regarding location.

We chose San Francisco because it's where we live and is the hub for both insurance innovation and mobile startups, giving us access to partners, talent, and investors.

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 Cover YC application?

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