Promi YC Application

Summer 2024Active

Promi went through Y Combinator in the Summer 2024 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 2024
Industry: B2BRetail
Team size: 2
Status: Active
Launched: 2024

Founders

Peter MootFounder
Jiaxin LinFounder

What Promi does

Promi is an AI-powered price and discount optimization platform. We help eCommerce merchants personalize their sales to generate additional revenue and profit. Ecommerce merchants and marketers typically use discounts to drive customer acquisition, boost sales during holidays, or liquidate inventory. But deciding on a discount to offer is typically guesswork. Who to send the discount to, how much to offer, and which products it applies to are, in the most advanced cases, determined manually by looking at past sales and seeing what worked well. In the majority of cases, it's what feels and sounds good. Promi leverages store data to optimize discounts at a more granular level than possible manually. We dynamically determine the best value across each product, for different users, at different times in order to maximize sales and profit.

Promi's YC application, reconstructed

Y Combinator application

Promi, Summer 2024 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Promi

Describe what your company does in 50 characters or less.

Optimizing ecommerce pricing with discounts

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

We built an AI-driven platform that dynamically personalizes discounts for ecommerce merchants. Our tool looks at store and customer data to decide who gets what discount, on which product, and when, maximizing both sales and profit.

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

We live in San Francisco, and Promi will be based here after YC.

Explain your decision regarding location.

San Francisco is where we live and work. It's where we can find customers and build the company efficiently.

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 Promi YC application?

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