OpenUnit YC Application

Winter 2020Active

OpenUnit went through Y Combinator in the Winter 2020 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: Winter 2020
Industry: B2BOperations
Team size: 5
Status: Active
Launched: 2020

Founders

Taylor CooneyFounder

What OpenUnit does

OpenUnit is the all-in-one platform self-storage facilities need to run their business - whether they’re a single mom-and-pop site or a multi-facility corporation. Our complete set of tools gives storage operators what they need most - a powerful online presence, reservation system, legal agreements, insurance, merchant solutions and management software to simplify the process of running a storage facility. On top of that, OpenUnit gives facilities: • Team Management & Communication: Every account includes a space that lets you share messages with co-workers & head office. All without reaching for a separate app. • Payments & Point-of-Sale: Increase your revenue with payment options that support all card types, and increase in-store purchases with Point-of-Sale (POS) software. • Accounting & Bookkeeping: From sales and purchases to cashflow, taxes and reporting. OpenUnit Books will make you feel like a professional accountant, even if you aren't.

OpenUnit's YC application, reconstructed

Y Combinator application

OpenUnit, Winter 2020 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

OpenUnit

Describe what your company does in 50 characters or less.

Software for managing self-storage facilities

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

We built OpenUnit to be an all-in-one platform that self-storage facilities use to run their business. It handles reservations, legal agreements, insurance, payments, team messaging, POS, and accounting so operators don't have to juggle multiple tools.

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

We live in Toronto and work remotely. The company would remain based in Toronto after YC.

Explain your decision regarding location.

Toronto is where we're established and where we started the company. Being remote is part of how we work best and reach customers beyond our city.

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 OpenUnit YC application?

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