Dharma Labs YC Application

Summer 2017Acquired

Dharma Labs went through Y Combinator in the Summer 2017 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: Summer 2017
Industry: FintechCredit and Lending
Team size: 14
Status: Acquired
Launched: 2017

Founders

Nadav HollanderFounder/Project Lead

What Dharma Labs does

Dharma is the only Ethereum wallet capable of seamlessly moving money between any US bank account and decentralized exchanges like Uniswap. The net result is a product that looks & feels like Coinbase on steroids - Download an App. Plug in your bank. Invest in the exponentially growing universe of tokens & yield opportunities in DeFi with a tap.

Dharma Labs's YC application, reconstructed

Y Combinator application

Dharma Labs, Summer 2017 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Dharma Labs

Describe what your company does in 50 characters or less.

Buy 74k+ crypto tokens with USD easily

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

We built Dharma, an Ethereum wallet that connects directly to any US bank account. It lets users buy thousands of crypto tokens and invest in DeFi through decentralized exchanges like Uniswap - all without the typical banking or crypto hassle. The product looks and feels like Coinbase but gives access to many more tokens and yield opportunities.

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

We live in San Francisco, CA, and would keep the company based here after YC.

Explain your decision regarding location.

San Francisco is where the crypto and fintech talent centers are, and where we have the strongest network and ecosystem support for fintech and DeFi.

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 Dharma Labs YC application?

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