Scanate/Fellow YC Application

Summer 2016Inactive

Scanate/Fellow went through Y Combinator in the Summer 2016 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 2016
Industry: B2BFinance and Accounting
Team size: 2
Status: Inactive
Launched: 2016

Founders

Kingsong ChenFounder
Panashe MahachiFounder

Scanate/Fellow's YC application, reconstructed

Y Combinator application

Scanate/Fellow, Summer 2016 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Scanate/Fellow

Describe what your company does in 50 characters or less.

API for Invoice Financing

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

We are building an API that allows businesses and lenders to access and finance invoices programmatically. Our product automates invoice financing by integrating directly with accounting systems to approve and advance payments faster. This reduces wait times and credit risk for companies relying on cash flow from unpaid invoices.

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

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

Explain your decision regarding location.

We are based in San Francisco where we have access to both a strong technology talent pool and potential finance partners. Being local helps us move faster working directly with early customers and lenders.

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 Scanate/Fellow YC application?

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