erad

erad YC Application

Summer 2022Active

erad went through Y Combinator in the Summer 2022 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 2022
Industry
Fintech
Team size
5
Status
Active
Launched
2022

Founders

  • Salem Abu-Hammour
    Salem Abu-HammourFounder
  • Youssef Said
    Youssef SaidFounder
  • Faris Yaghmour
    Faris YaghmourFounder

What erad does

erad provides startups in the Middle East with non-dilutive growth capital. Connect your sales, marketing and banking data and receive an offer within 48 hours. Get access to key insights and analysis about your business.

erad's YC application, reconstructed

Y Combinator application

erad, Summer 2022 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

erad

Describe what your company does in 50 characters or less.

Non-dilutive funding and payments in the Middle East

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

We built a platform that gives startups in the Middle East access to non-dilutive growth capital. Users connect their sales, marketing, and banking data, and within 48 hours they get a funding offer plus insights into their business performance. This solves the problem of limited funding options for startups in this region without giving up equity.

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

We live and work in Riyadh, Saudi Arabia, and the company is based here. After YC, we would continue to operate out of Riyadh.

Explain your decision regarding location.

We are building for the Middle East market, specifically startups here who lack non-dilutive funding options. Being in Riyadh puts us close to customers and the financial ecosystem we want to serve.

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 erad YC application?

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

What YC batch was erad in?

erad was part of the Y Combinator Summer 2022 batch.

Who founded erad?

erad was founded by Salem Abu-Hammour, Youssef Said, Faris Yaghmour.

What does erad do?

Non-dilutive funding and payments in the Middle East

How do I read the full reconstructed application?

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

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