Letter YC Application

Summer 2020Inactive

Letter went through Y Combinator in the Summer 2020 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 2020
Industry: FintechBanking and Exchange
Team size: 9
Status: Inactive
Launched: 2020

Founders

Drew WilsonFounder
Matt DeLoachFounder

What Letter does

Letter is a beautifully designed banking and financial platform made exclusively for high net-worth individuals. We make it easy to give customized debit cards to family members and staff, automatically donate to charity, and get access to exclusive investment and lending opportunities through our marketplace.

Letter's YC application, reconstructed

Y Combinator application

Letter, Summer 2020 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Letter

Describe what your company does in 50 characters or less.

Beautifully designed banking for high net-worth individuals

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

We built Letter, a banking platform tailored for high net-worth individuals. It lets users issue customized debit cards to family, staff, and manage charitable donations automatically. We also provide access to exclusive investment and lending opportunities through our marketplace.

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

We live in San Diego, CA, with a remote team. The company would remain based in San Diego after YC.

Explain your decision regarding location.

San Diego offers the right mix of environment and talent for us. Our team is distributed but rooted in San Diego, making it practical to stay based there.

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 Letter YC application?

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