Lyra

Lyra YC Application

Summer 2022Active

Lyra went through Y Combinator in the Summer 2022 batch as a Consumer 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
Consumer
Team size
3
Status
Active
Launched
2022

Founders

  • Griffin Wheeler
    Griffin WheelerFounder

What Lyra does

Lyra is a crypto-native virtual card provider that allows users to easily create cards and fund them with cryptocurrency. Create virtual cards directly from your browser through our Chrome extension for all your purchases and subscriptions.

Lyra's YC application, reconstructed

Y Combinator application

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

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Lyra

Describe what your company does in 50 characters or less.

Spend crypto anywhere online

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

We built a crypto-native virtual card platform where users create virtual cards funded by cryptocurrency. People create cards directly from their browser with our Chrome extension to pay for subscriptions and everyday purchases without converting crypto to fiat first.

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

We live in New York, NY; Houston, TX; and remotely. After YC, the company would be based wherever we can move fastest and build the product, likely maintaining a distributed setup for flexibility.

Explain your decision regarding location.

Because our team is already spread across New York, Houston, and remote locations, we want to stay distributed. This lets us access talent and users in major cities and work when and where we're productive.

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 Lyra YC application?

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

What YC batch was Lyra in?

Lyra was part of the Y Combinator Summer 2022 batch.

Who founded Lyra?

Lyra was founded by Griffin Wheeler.

What does Lyra do?

Spend crypto anywhere online

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Lyra's application, and every other YC batch, is in YC Insights.

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