Rainmaker

Rainmaker YC Application

Winter 2023Active

Rainmaker went through Y Combinator in the Winter 2023 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
Winter 2023
Industry
FintechConsumer Finance
Team size
2
Status
Active
Launched
2023

Founders

  • Carlos Reyes Stoneham
    Carlos Reyes StonehamFounder
  • Brent Traut
    Brent TrautFounder

What Rainmaker does

Rainmaker is an account abstraction-based crypto wallet that makes DeFi investing simple and fast. Set up a wallet with just an email, instantly deposit funds from your bank or credit card, and invest in DeFi without gas fees.

Rainmaker's YC application, reconstructed

Y Combinator application

Rainmaker, Winter 2023 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

Rainmaker

Describe what your company does in 50 characters or less.

DeFi for Everyone

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

We built an account abstraction-based crypto wallet that simplifies DeFi investing. Users set up a wallet with just an email, fund it instantly from their bank or credit card, and invest in DeFi without paying gas fees. The product removes common technical and financial barriers that keep most people out of DeFi today.

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

We don't have a fixed base currently. After YC, we plan to be based wherever it makes the most business sense, likely in the US.

Explain your decision regarding location.

We are remote now to move quickly and keep costs low. Post-YC, we want to be in a location that gives us strong access to investors, crypto communities, and talent.

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 Rainmaker YC application?

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

What YC batch was Rainmaker in?

Rainmaker was part of the Y Combinator Winter 2023 batch.

Who founded Rainmaker?

Rainmaker was founded by Carlos Reyes Stoneham, Brent Traut.

What does Rainmaker do?

DeFi for Everyone

How do I read the full reconstructed application?

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

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