Kobalt Labs YC Application

Summer 2023Active

Kobalt Labs went through Y Combinator in the Summer 2023 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 2023
Industry: B2BOperations
Team size: 10
Status: Active
Launched: 2023

Founders

Kalyani RamadurgamFounder
Ashi AgrawalFounder

What Kobalt Labs does

Automate and strengthen manual risk and compliance operations for fintechs and banks. Given a third party contracts and documentation, Kobalt’s reasoning engine ingests internal policies and procedures, legal commitments, past privacy and compliance assessments, and syncs with external legislation to instantly auto-surface and track risks. We're helping community/regional/sponsor banks increase revenue and scale their partnership and vendor volume, and we're helping fintechs conduct their partner diligence in 1/10 the time, all without needing to increase headcount.

Kobalt Labs's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Kobalt Labs

Describe what your company does in 50 characters or less.

AI-powered risk and compliance for finance

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

We built a reasoning engine that automates manual risk and compliance reviews for banks and fintechs. Given contracts and documentation, it ingests a company's internal policies, past assessments, and syncs with external regulations to surface risks instantly and track them over time. It helps community and regional banks scale partner volume and fintechs reduce partner diligence time by 10x without adding headcount.

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

We live in New York, NY and the company is based there.

Explain your decision regarding location.

New York is where we found our early customers and built our team. It's a major fintech hub with the financial institutions we target, so it makes sense for us to stay here.

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 Kobalt Labs YC application?

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