Dressd

Dressd YC Application

Winter 2021Inactive

Dressd went through Y Combinator in the Winter 2021 batch as a Consumer 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 2021
Industry
ConsumerApparel and Cosmetics
Team size
1
Status
Inactive
Launched
2021

Founders

  • Capri Wheaton
    Capri WheatonFounder
  • Sam Yang
    Sam YangFounder

What Dressd does

Dressd is AirBnb for clothes; a P2P clothing rental marketplace. Unlike Rent the Runway, we don’t handle any inventory or deal with cleaning the items. Our initial target market is sorority girls who can have up to 3-4 events per week that they need a new outfit/dress for. One of our core theses is that this idea couldn’t have existed at scale until now because resale apps like Depop & Poshmark paved the way for a P2P model to work after familiarizing users with the process of taking pictures of items, shipping, etc. Advantages to our P2P model - Entrepreneur-led - Similar to Depop, most of our growth will be spearheaded by a group of “top renters” - More variety in inventory - Existing rental companies like Rent the Runway own all the inventory so they're limited to the brands they buy/partner with. Since we're P2P, our users can rent any item or brand that's in someone else's closet - Better margins - we don’t touch any inventory or deal with the cleaning of any items - Unlike Rent the Runway, we don’t handle any inventory or the cleaning of items. This means people renting out their clothing on Dressd are responsible for shipping things out & returning them in good condition Here are some of our links! [dressd website]( [dressd instagram]( [dressd tiktok]( read about dressd in Yahoo! Finance: [

Dressd's YC application, reconstructed

Y Combinator application

Dressd, Winter 2021 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

Dressd

Describe what your company does in 50 characters or less.

Make infinite $$$ off of clothes in your closet without selling them

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

We're building a peer-to-peer clothing rental marketplace where people can rent clothes from each other's closets without Dressd owning inventory or handling cleaning. Our app targets sorority girls who need new outfits for multiple weekly events. Users list their own items and handle shipping and care themselves. This lets us offer more variety and better margins than traditional rental companies.

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

I live in Los Angeles, CA, and the company would be based there after YC, with a remote team.

Explain your decision regarding location.

Los Angeles is where I am based and where our early users, like sorority students, are concentrated. Remote work lets us keep costs low while servicing this demographic effectively.

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 Dressd YC application?

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

What YC batch was Dressd in?

Dressd was part of the Y Combinator Winter 2021 batch.

Who founded Dressd?

Dressd was founded by Capri Wheaton, Sam Yang.

What does Dressd do?

Make infinite $$$ off of clothes in your closet without selling them

How do I read the full reconstructed application?

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

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