StratumAI YC Application
StratumAI went through Y Combinator in the Winter 2020 batch as a Industrials 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 2020
- Industry
- IndustrialsClimate
- Team size
- 5
- Status
- Active
- Launched
- 2020
Founders
Daniel MogilnyFounder
Farzi YusufaliFounder
What StratumAI does
The mining industry drills narrow holes in the ground called drillholes to identify how much gold is in a ground at any spot. These holes are expensive so the industry uses statistical interpolation to predict what's in between these holes. Stratum replaces these traditional methods by utilizing deep learning to better predict both where to best drill and how much gold is in between these holes. This technology is not limited to gold and has been demonstrated to work on other metals, including base metals like copper. Based on Stratum's current pilots, our technology is projected to create ~10M in annual value for the average mine.
StratumAI's YC application, reconstructed
Y Combinator application
StratumAI, Winter 2020 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
StratumAI
AI that tells mining companies where to mine
We built a deep learning system that replaces the traditional statistical interpolation methods mining companies use to predict how much gold or metal is in the ground between drillholes. Our product analyzes drillhole data and tells mining teams exactly where to drill next to maximize their profits. It works on gold and other metals like copper, improving accuracy over existing methods and saving mining companies millions.
We live in Toronto, Canada, and the company is based here. After YC, we plan to keep the company in Toronto.
We are rooted in Toronto because we built connections in the local mining industry and have the right technical talent here. It's also where we started piloting our technology. We don't see a reason to relocate after YC since our customers are global and remote collaboration works fine.
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 StratumAI YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from StratumAI's public data (launch notes, founder backgrounds, product description). It shows how a company like StratumAI would present itself to YC, not the text they submitted.
What YC batch was StratumAI in?
StratumAI was part of the Y Combinator Winter 2020 batch.
Who founded StratumAI?
StratumAI was founded by Daniel Mogilny, Farzi Yusufali.
What does StratumAI do?
AI that tells mining companies where to mine to maximize profits
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of StratumAI's application, and every other YC batch, is in YC Insights.
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