Trayd YC Application

Summer 2023Active

Trayd went through Y Combinator in the Summer 2023 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 2023
Industry: B2BFinance and Accounting
Team size: 30
Status: Active
Launched: 2023

Founders

Anna BergerFounder
Cara KesslerFounder

What Trayd does

Trayd is a B2B construction payroll platform and back office management system designed for same-day pay. We allow the 7M construction workers in the US to get access to their earned wages 7-10 days sooner than legacy payroll providers. With a unique spin on traditional payroll, Trayd is on a mission to create back office efficiencies for commercial subcontractors while simultaneously addressing the significant labor shortage affecting the $2.1TR North American construction industry. Trayd is bigger than construction payroll. It's the promise that the hardest working people get access to their money, as and when they need it, creating greater financial wellness across the board. Not only that, we are pioneering digital cash access for a demographic traditionally overlooked while simultaneously modernizing operations in an industry that has been slow to adapt. The challenges and opportunities with Trayd are abundant, promising an engaging journey ahead.

Trayd's YC application, reconstructed

Y Combinator application

Trayd, Summer 2023 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Trayd

Describe what your company does in 50 characters or less.

Construction payroll with same-day pay

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

We're building a B2B construction payroll platform that lets construction workers get paid the same day they earn wages, instead of waiting 7-10 days like traditional payroll. Alongside payroll, we provide a back office management system tailored for commercial subcontractors, helping them run their operations more efficiently while addressing labor shortages.

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

We live in New York, NY, and plan to keep the company based here after YC.

Explain your decision regarding location.

New York is where our team is and where the construction market we serve operates heavily. Being on the ground helps us understand customer pain points and run the business where construction subcontractors need us most.

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 Trayd YC application?

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