Lotus YC Application

Summer 2022Inactive

Lotus went through Y Combinator in the Summer 2022 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 2022
Industry: B2BFinance and Accounting
Team size: 2
Status: Inactive
Launched: 2022

Founders

Mikael NidaFounder
Diego EscobedoFounder

What Lotus does

Lotus is an open-core pricing and billing engine. We enable API companies to automate their custom usage-based pricing for any metric. Rather than guess on how to charge their customers, Lotus provides companies with powerful new tools from metering to invoicing to testing new pricing. Our self-hosted software is free on GitHub, and we offer a paid cloud version and enterprise tier for support.

Lotus's YC application, reconstructed

Y Combinator application

Lotus, Summer 2022 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Lotus

Describe what your company does in 50 characters or less.

Open-Core Pricing and Billing Engine

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

We built Lotus, an open-core engine that helps API companies automate custom usage-based pricing. From metering usage to invoicing and testing new pricing models, it handles every step of complex billing so companies stop guessing how to charge customers and start experimenting with what works.

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 with part of the team remote. Post-YC, we'd continue remote-first with a New York hub.

Explain your decision regarding location.

We chose New York because it puts us close to many fintech and SaaS customers. Remote work lets us tap talent anywhere without being constrained by 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 Lotus YC application?

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