Ole

Ole YC Application

Winter 2022Inactive

Ole went through Y Combinator in the Winter 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
Winter 2022
Industry
Consumer
Team size
10
Status
Inactive
Launched
2022

Founders

  • Alon Hendelman
    Alon HendelmanFounder
  • Gal Aharon
    Gal AharonFounder

What Ole does

Ole brings fashion with delivery and return on-demand. Customers use our app to order clothes from nearby stores, try them at home while the driver is waiting, take only what they like and return to the driver what they don't. We already have $35k monthly GMV, growing 35% MoM. What’s unique about our business is our average order value which is 7X higher than typical on-demand business. While their average order is $30, ours is $200, which is why we are already positive in unit economics.

Ole's YC application, reconstructed

Y Combinator application

Ole, Winter 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

Ole

Describe what your company does in 50 characters or less.

Fashion shopping with delivery and return on demand

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

We built an app that lets customers order clothes from local stores and try them at home while the driver waits. Customers pick what they want and leave the rest with the driver, simplifying fashion shopping and reducing friction on returns.

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

We live and operate in Tel Aviv-Yafo, Israel, and the company would be based there after YC as well.

Explain your decision regarding location.

Tel Aviv has a dense urban environment with active fashion retail and delivery logistics; local consumer behavior fits our on-demand model well. We want to keep building here where the market demand and supply partners are close, and YC will help us scale globally while staying 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.

Frequently Asked Questions

Is this the real Ole YC application?

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

What YC batch was Ole in?

Ole was part of the Y Combinator Winter 2022 batch.

Who founded Ole?

Ole was founded by Alon Hendelman, Gal Aharon.

What does Ole do?

Fashion shopping with delivery and return on demand

How do I read the full reconstructed application?

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

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