Payable YC Application
Payable 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
- Acquired
- Launched
- 2014
Founders
Tad MilbournFounder/CEO
Kyle KilatFounder/CPO
Peter TerrillFounder/CTO
What Payable does
Payable is the easiest way to manage your external workforce. By simplifying and automating onboarding, payments, and 1099 compliance, Payable consolidates disparate and manual processes, while getting contractors paid faster! Payable is backed by Freestyle Capital, Redpoint Ventures, General Catalyst, Moment Ventures, Y Combinator, and others.
Payable's YC application, reconstructed
Y Combinator application
Payable, Summer 2014 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Payable
Simple payments and tax compliance for contractors
We built Payable to automate onboarding, payments, and 1099 tax compliance for companies working with contract workers. It replaces the manual processes of managing paperwork and payments, so contractors get paid faster and companies stay compliant without headache.
We live and are based in San Francisco, CA, USA. The company would remain in San Francisco after YC.
San Francisco gives us direct access to both large tech companies and freelancers in the contractor economy. Being here helps us understand our core users and build the right product.
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 Payable YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Payable's public data (launch notes, founder backgrounds, product description). It shows how a company like Payable would present itself to YC, not the text they submitted.
What YC batch was Payable in?
Payable was part of the Y Combinator Summer 2014 batch.
Who founded Payable?
Payable was founded by Tad Milbourn, Kyle Kilat, Peter Terrill.
What does Payable do?
Simple payments and tax compliance for your contract workforce.
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Payable's application, and every other YC batch, is in YC Insights.
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