Surematics YC Application

Summer 2017Acquired

Surematics went through Y Combinator in the Summer 2017 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: Summer 2017
Industry: FintechInsurance
Team size: 2
Status: Acquired
Launched: 2017

Founders

Dan HughesFounder

What Surematics does

Surematics is helping commercial insurance brokers structure complicated deals online. Homeowners and car insurance are enough of a nightmare for most of us to handle but Surematics is targeting even more difficult cases - awkward expensive items like oil rigs. With a dash of blockchain, the startup wants to allow companies to collaborate together to create enforceable contracts.

Surematics's YC application, reconstructed

Y Combinator application

Surematics, Summer 2017 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Surematics

Describe what your company does in 50 characters or less.

We help commercial brokers structure complicated insurance deals.

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

We built an online platform that lets commercial insurance brokers create and manage complex policies, especially for unusual, high-value assets like oil rigs. We tie in blockchain technology so multiple companies can collaborate on and enforce contracts without confusion or risk.

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

We live in San Francisco, and the company is based here as well.

Explain your decision regarding location.

San Francisco is where we live, and it's where a lot of insurance tech innovation and venture capital are concentrated, so it makes sense to be here.

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 Surematics YC application?

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