Evoly

Evoly YC Application

Summer 2022Active

Evoly went through Y Combinator in the Summer 2022 batch as a Industrials 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
IndustrialsEnergy
Team size
4
Status
Active
Launched
2022

Founders

  • Hassan Lantry
    Hassan LantryFounder
  • Sami El Bouari
    Sami El BouariFounder

What Evoly does

Evoly makes smart electric & water meters. We save a typical utility over $4M a year. Electric and water meter measure your consumption, A smart meter on the other hand not only measure it, it also send this consumption data and a lot more remotely and wirelessly to the utility. We are a plug and play, easy to install, 5 times cheaper smart metering solution. We are a B2B company and our customer are the Utilities Thanks to our software they get 24/7 view on their grid and a wide range of possibilities: - Remote meter reading - Detecting fraud - Turning electricity on and off remotely - Time of use pricing

Evoly's YC application, reconstructed

Y Combinator application

Evoly, 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

Evoly

Describe what your company does in 50 characters or less.

Smart electric & water meters as a service

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

We make smart electric and water meters that utilities can install easily and affordably. Our meters transmit usage data wirelessly and remotely, enabling utilities to monitor their grid 24/7, detect fraud, remotely read meters, switch supply on and off, and implement time-of-use pricing. Our product is plug and play, five times cheaper than existing smart meters, and aimed directly at utilities.

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

We are distributed: some of us are remote in Oregon and elsewhere, one founder is in San Francisco, and another is in Lausanne, Switzerland. After YC, we plan to base the company in San Francisco.

Explain your decision regarding location.

Our team spans the US and Switzerland. Being in San Francisco post-YC will help us access customers, partners, and investors in the energy sector while keeping core engineering distributed.

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 Evoly YC application?

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

What YC batch was Evoly in?

Evoly was part of the Y Combinator Summer 2022 batch.

Who founded Evoly?

Evoly was founded by Hassan Lantry, Sami El Bouari.

What does Evoly do?

Smart electric & water meters as a service

How do I read the full reconstructed application?

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

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