Propaya YC Application

Summer 2024Active

Propaya went through Y Combinator in the Summer 2024 batch as a Real Estate and Construction 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: Real Estate and ConstructionHousing and Real Estate
Team size: 2
Status: Active
Launched: 2024

Founders

Reader WangFounder
Jake GolasFounder

What Propaya does

Propaya uses AI to instantly abstract and analyze commercial leases - delivering clause-cited insights, linked schedules, and export-ready data in minutes. Beyond lease reviews, we empower brokers, heads of real estate, and attorneys with market benchmarks and deal evaluation tools to negotiate more effectively and efficiently.

Propaya's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Propaya

Describe what your company does in 50 characters or less.

AI commercial lease abstractions and review

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

We built an AI tool that instantly abstracts commercial leases, extracting clause-specific insights, linking relevant schedules, and producing export-ready data. It's designed for brokers, heads of real estate, and attorneys who need to review and negotiate leases faster and with better information. Beyond just abstracts, we also provide market benchmarks and deal evaluation tools tailored to commercial real estate.

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

We live in San Francisco, CA, and plan to base the company here after YC.

Explain your decision regarding location.

San Francisco is the center of both tech and proptech innovation. It gives us the talent pool and access to real estate professionals needed to build and sell Propaya.

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 Propaya YC application?

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