Soon

Soon YC Application

Winter 2022Active

Soon went through Y Combinator in the Winter 2022 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 2022
Industry
FintechConsumer Finance
Team size
4
Status
Active
Launched
2022

Founders

  • Michael Shattuck
    Michael ShattuckFounder

What Soon does

With Soon you can invest without the stress of speculating. Our fully automated sweep account attaches to your bank and uses routine spending activity to signal market trades. By investing on a schedule and selling available gains when you spend, Soon automates investing from beginning to end. No investing experience required, no need to time the market, just connect Soon to your spending account and build wealth.

Soon's YC application, reconstructed

Y Combinator application

Soon, Winter 2022 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

Soon

Describe what your company does in 50 characters or less.

Automated sweep account, invest without stress

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

We built Soon to automate investing by linking to your bank account and using your spending patterns to trigger trades. It invests regularly and sells gains when you spend, removing the guesswork from investing and helping people build wealth without needing expertise or timing the market.

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

We live in Salt Lake City, Utah, and the company is based there with some remote team members. After YC, it will remain based in Salt Lake City with continued remote work.

Explain your decision regarding location.

Salt Lake City's lower cost of living and access to strong tech talent let us build quickly without the distractions of startup hubs. Remote work helps us collaborate while spreading risk and accessing different perspectives.

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 Soon YC application?

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

What YC batch was Soon in?

Soon was part of the Y Combinator Winter 2022 batch.

Who founded Soon?

Soon was founded by Michael Shattuck.

What does Soon do?

Automated sweep account, invest without the stress of speculating

How do I read the full reconstructed application?

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

More YC startups like Soon