Promise

Promise YC Application

Winter 2018Active

Promise went through Y Combinator in the Winter 2018 batch as a Government 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 2018
Industry
Government
Team size
80
Status
Active
Launched
2017

Founders

  • Phaedra Ellis-Lamkins
    Phaedra Ellis-LamkinsFounder
  • Diana Frappier
    Diana FrappierFounder

What Promise does

Promise modernizes government payments helping agencies recover more revenue while giving residents flexible, humane ways to pay. We replace broken systems with tech that actually works for everyone.

Promise's YC application, reconstructed

Y Combinator application

Promise, Winter 2018 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

Promise

Describe what your company does in 50 characters or less.

Better payment systems for governments

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

We build payment software that helps government agencies collect money more effectively while giving residents flexible ways to pay off what they owe. We replace outdated, inefficient systems that often lead to low recovery rates and cause unnecessary hardship for residents.

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

We live and work in Oakland, CA, and plan to base the company there after YC.

Explain your decision regarding location.

We are based in Oakland because it's where our existing government and community relationships are rooted, and where the team lives. Staying local keeps us close to our users and partners.

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 Promise YC application?

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

What YC batch was Promise in?

Promise was part of the Y Combinator Winter 2018 batch.

Who founded Promise?

Promise was founded by Phaedra Ellis-Lamkins, Diana Frappier.

What does Promise do?

Better payment systems for governments and the communities they serve.

How do I read the full reconstructed application?

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

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