Prelim YC Application

Summer 2017Active

Prelim went through Y Combinator in the Summer 2017 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: Summer 2017
Industry: Fintech
Team size: 36
Status: Active
Launched: 2017

Founders

Heang ChanFounder/CEO
Chris BlaserFounder

What Prelim does

At Prelim, we are on a mission to revolutionize the way financial institutions onboard new customers. We believe that the customer onboarding process should be fast, efficient, and user-friendly. As a member of our team, you will have the opportunity to work with cutting-edge technology and make a real impact on the financial industry. Our platform allows banks and financial institutions to digitize their services, streamline account opening processes, and improve customer experience. By joining our team, you will be a part of a fast-paced, innovative, and dynamic work environment where you can learn and grow your skills. Our team is made up of a diverse group of individuals with a wide range of experience and expertise. We value collaboration, creativity, and a passion for problem-solving. As a member of our team, you will have the opportunity to work with experts in the field, and be challenged to think outside the box. In addition, we offer a comprehensive benefits package, flexible working hours, and a great work-life balance. We are constantly evolving and growing, and we are looking for talented individuals who share our vision and are excited to be a part of our journey. If you're passionate about fintech and want to be a part of a team that is making a real impact in the industry, then Prelim is the place for you.

Prelim's YC application, reconstructed

Y Combinator application

Prelim, Summer 2017 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Prelim

Describe what your company does in 50 characters or less.

Software for banks to open bank accounts

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

We've built a platform that lets banks and financial institutions digitize and streamline the process of opening new bank accounts. Our software automates and simplifies onboarding customers, saving time and reducing friction compared to traditional manual methods.

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

We live in San Francisco and the company is based here with a significant remote team.

Explain your decision regarding location.

San Francisco is where the fintech ecosystem lives. It also lets us attract technical talent and stay close to industry players. Remote work lets us scale beyond the city while keeping a strong hub 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.

See full application

Frequently Asked Questions

Is this the real Prelim YC application?

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