Paid

Paid YC Application

Summer 2014Inactive

Paid went through Y Combinator in the Summer 2014 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 2014
Industry
B2BFinance and Accounting
Team size
2
Status
Inactive
Launched
2014

Founders

  • Ryan Jackson
    Ryan JacksonFounder

What Paid does

Paid is an API for invoicing. Paid helps company manage their accounts receiving with a seamless integration into any tech stack. We help you track expenses, generate & issue invoices, remind customers of outstanding payments and reconcile your accounts - all with about 30 minutes development time. API - Automate Everything Paid allows you to automate every step of your accounts receivable. In a few lines of code you can create invoices, issue them, and accept payments. Paid makes the invoicing/billing process fully automatic, freeing up time to focus on core business responsibilities. Customize Everything Your company, your way of doing things. Paid is fully customizable from branding, billing terms, payment methods and more. Paid can be adapted to any business model. Track Everything How much revenue is currently outstanding? How much is overdue? Who has already paid and does so on a regular basis? Everything you and your Finance Department need can be seen on our dashboard and exported for Accounting. Grow With Paid Whether it’s 10 or 10,000,000 invoices, Paid has a solution that will enable you to scale without the normal growing pains.

Paid's YC application, reconstructed

Y Combinator application

Paid, Summer 2014 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

Paid

Describe what your company does in 50 characters or less.

Autopilot for Accounts Receivable

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

We built an API that automates every step of invoicing and accounts receivable management. You can create and issue invoices, track outstanding payments, send reminders, and reconcile accounts all with minimal development time. Our goal is to integrate invoicing into any tech stack, so finance teams spend less time chasing payments and more time on their core work.

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

We live in San Francisco, and the company would be based here after YC as well.

Explain your decision regarding location.

San Francisco has a strong developer and startup community, which keeps us close to potential customers and partners. It's the right place to grow a fintech API startup like Paid.

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 Paid YC application?

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

What YC batch was Paid in?

Paid was part of the Y Combinator Summer 2014 batch.

Who founded Paid?

Paid was founded by Ryan Jackson.

What does Paid do?

Autopilot for Accounts Receivable

How do I read the full reconstructed application?

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

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