Invoid YC Application
Invoid went through Y Combinator in the Winter 2021 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
- Winter 2021
- Industry
- B2B
- Team size
- 15
- Status
- Inactive
- Launched
- 2021
Founders
Kunwar Raj Singh SethiFounder
Sarthak GoelFounder
What Invoid does
Invoid currently processes more than 5 million KYC’s/ month and works with over 35 companies in India, including some of the leading banks, fintechs, investment platforms & shared economy companies. Using our solution, companies see onboarding speed increase by 5x and costs reduce by >80%.
Invoid's YC application, reconstructed
Y Combinator application
Invoid, Winter 2021 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Invoid
Create identity verification workflows the way you want
We build a B2B SaaS platform that lets companies create custom identity verification workflows. Our product processes millions of KYC checks each month for banks, fintechs, and other businesses in India. It simplifies and speeds up onboarding by verifying user identities with machine learning and automation, cutting manual overhead and costs significantly.
We live in Gurugram, India, and the company is based here. After YC, we would continue operating from Gurugram.
Gurugram is our home and where our customers and team are located. The market for identity verification in India is large and growing, so it makes sense to remain where we understand local regulations and 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 Invoid YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Invoid's public data (launch notes, founder backgrounds, product description). It shows how a company like Invoid would present itself to YC, not the text they submitted.
What YC batch was Invoid in?
Invoid was part of the Y Combinator Winter 2021 batch.
Who founded Invoid?
Invoid was founded by Kunwar Raj Singh Sethi, Sarthak Goel.
What does Invoid do?
Create identity verification workflows the way you want
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Invoid's application, and every other YC batch, is in YC Insights.
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