Paperplane YC Application
Paperplane went through Y Combinator in the Winter 2023 batch as a Fintech 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 2023
- Industry
- FintechCredit and Lending
- Team size
- 5
- Status
- Inactive
- Launched
- 2023
Founders
Daniel KwakCo-Founder
Jack HopkinsFounder
Ben MagolanFounder
What Paperplane does
Paperplane helps builders', plumbing, and timber merchants mitigate their credit risk by predicting which customers will default 4+ weeks before anyone else. Instead of relying solely on credit reports and lagging public data, Paperplane uses the company's own transaction data and customer knowledge directly from sales reps to make more accurate predictions in real-time.
Paperplane's YC application, reconstructed
Y Combinator application
Paperplane, Winter 2023 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Paperplane
Credit risk management for builders' merchants
We built a platform that helps builders', plumbing, and timber merchants predict customer defaults over a month in advance. Unlike traditional credit tools that rely on public data and credit reports, we analyze merchants' own transaction history plus direct input from their sales reps to catch risk earlier and more accurately, allowing merchants to avoid costly bad debts.
We live in New York, NY, and plan to keep the company based here after YC.
Building close to our core customers means we hear their pain firsthand. New York is home for us and has the merchant ecosystem we target.
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 Paperplane YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Paperplane's public data (launch notes, founder backgrounds, product description). It shows how a company like Paperplane would present itself to YC, not the text they submitted.
What YC batch was Paperplane in?
Paperplane was part of the Y Combinator Winter 2023 batch.
Who founded Paperplane?
Paperplane was founded by Daniel Kwak, Jack Hopkins, Ben Magolan.
What does Paperplane do?
Credit risk management platform for builders' merchants
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Paperplane's application, and every other YC batch, is in YC Insights.
