Emburse

Emburse YC Application

Winter 2016Acquired

Emburse 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
FintechBanking and Exchange
Status
Acquired
Launched
2015

Founders

  • Peter Lai
    Peter LaiFounder/CEO
  • Roger Gu
    Roger GuFounder

What Emburse does

Emburse is an expense management platform that gives businesses more insight into and control over corporate expenses. Using Emburse, businesses may order virtual or physical MasterCard-network branded expense cards and assign these cards to employees or contractors for authorization of pre-approved business expenses.

Emburse's YC application, reconstructed

Y Combinator application

Emburse, Winter 2016 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

Emburse

Describe what your company does in 50 characters or less.

Expense management and AP automation

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

We built an expense management platform that lets businesses issue physical and virtual MasterCard-branded cards to employees or contractors. They can pre-approve specific spend limits on these cards and get real-time insight into company expenses. The platform also automates accounts payable processes, reducing manual reconciliation and fraud risk.

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

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

Explain your decision regarding location.

San Francisco is where we both live and where our target customers and fintech ecosystem are centered. Staying local helps us build relationships and respond quickly to customer needs.

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 Emburse YC application?

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

What YC batch was Emburse in?

Emburse was part of the Y Combinator Winter 2016 batch.

Who founded Emburse?

Emburse was founded by Peter Lai, Roger Gu.

What does Emburse do?

Expense management and AP automation.

How do I read the full reconstructed application?

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

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