TrueBiz

TrueBiz YC Application

Summer 2022Active

TrueBiz went through Y Combinator in the Summer 2022 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 2022
Industry
B2BOperations
Team size
6
Status
Active
Launched
2022

Founders

  • Danny Hakimian
    Danny HakimianFounder

What TrueBiz does

TrueBiz helps financial service providers reduce manual review during business onboarding. We add color to the company's background with 250+ data points on the company from around the web (such as industry and address), and summarize key risk indicators. The process takes seconds - not days, so financial service providers can efficiently meet risk requirements and onboard new businesses faster.

TrueBiz's YC application, reconstructed

Y Combinator application

TrueBiz, Summer 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

TrueBiz

Describe what your company does in 50 characters or less.

Instant Background Checks for Businesses

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

We built a product that runs instant background checks on businesses for financial service providers. Our tool pulls over 250 data points on a company - from industry details to address data - and summarizes key risks. This cuts days of manual review to seconds, so clients onboard businesses faster and meet compliance requirements more efficiently.

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

We live in New York City and the company is based here with a remote-friendly team.

Explain your decision regarding location.

We're based in New York because it keeps us close to financial services clients and regulatory hubs, which is critical for understanding their needs and trust-building.

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 TrueBiz YC application?

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

What YC batch was TrueBiz in?

TrueBiz was part of the Y Combinator Summer 2022 batch.

Who founded TrueBiz?

TrueBiz was founded by Danny Hakimian.

What does TrueBiz do?

Instant Background Checks for Businesses

How do I read the full reconstructed application?

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

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