Flex YC Application

Summer 2023Active

Flex went through Y Combinator in the Summer 2023 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 2023
Industry: FintechPayments
Team size: 8
Status: Active
Launched: 2023

Founders

Sam O'KeefeFounder
Miguel ToledoFounder

What Flex does

Flex is a payment platform for businesses to accept HSA/FSA, unlocking the $150B per year sitting in HSA/FSA accounts.

Flex's YC application, reconstructed

Y Combinator application

Flex, Summer 2023 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Flex

Describe what your company does in 50 characters or less.

Stripe for HSA/FSA payments

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

We built a payment platform that lets businesses accept payments from HSA and FSA accounts. Our product helps unlock the $150 billion sitting unused in these accounts every year by making it easy for employers and merchants to accept this form of payment directly, without the hassle and friction that currently blocks usage.

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

We live and work remotely, and the company is fully remote. After YC, we plan to stay remote to tap into talent wherever it is.

Explain your decision regarding location.

We choose remote because the founders and team are distributed. Health payments are a national problem, so being remote lets us serve customers everywhere and hire the best people regardless of location.

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 Flex YC application?

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