Formula Insight YC Application

Summer 2024Active

Formula Insight went through Y Combinator in the Summer 2024 batch as a B2B 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 2024
Industry: B2B
Team size: 2
Status: Active
Launched: 2024

Founders

Will TongFounder
Stefan RaghavanFounder

What Formula Insight does

Formula Insight offers Institutional Investors previously inaccessible data. We provide a central repository of financial models so investors can track changes to forecasts, quantify projection accuracy and expedite analysis. This further systematizes the investment process and enables better investment decisions.

Formula Insight's YC application, reconstructed

Y Combinator application

Formula Insight, Summer 2024 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Formula Insight

Describe what your company does in 50 characters or less.

Help Institutional Investors manage, track & query Excel models

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

We built a SaaS platform that centralizes financial models used by institutional investors. It tracks changes in Excel models over time, lets users query model data, and measures forecast accuracy. This helps investment teams reduce errors and speed up their analysis workflows.

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

We live in New York City, and after YC the company would remain based here.

Explain your decision regarding location.

We are here because of our ties to the financial sector and proximity to our customers - institutional investors working with complex Excel models. NYC's financial ecosystem is critical for accessing our market.

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 Formula Insight YC application?

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