truemetrics YC Application

Summer 2023Active

truemetrics 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: B2BSupply Chain and Logistics
Team size: 5
Status: Active
Launched: 2023

Founders

Ingo BoegemannFounder
Jan BischofFounder

What truemetrics does

truemetrics helps logistics companies to find their customer's faster. By detecting and mapping entrances, we help GLS, a key logistics company in Europe, save 32.7 seconds on each delivery. The way couriers navigate is broken. “You Have Arrived At Your Destination!” - or so Google Maps thinks. In reality, the way couriers navigate is broken: No parking, hard-to-find entrances, and labyrinth-like apartment and office complexes can turn the last meters of delivery into a time-consuming puzzle. truemetrics provides parking positions and entrance locations to enable faster drop-offs. Our data is generated by analyzing sensor data from drivers' smartphones, allowing truemetrics to identify precise parking and entrance locations, thereby simplifying the last meters of delivery.

truemetrics's YC application, reconstructed

Y Combinator application

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

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

truemetrics

Describe what your company does in 50 characters or less.

We show couriers where to park and enter a building.

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

We built a product that helps logistics companies deliver faster by detecting exact parking spots and building entrances. Our system analyzes sensor data from drivers' smartphones to map these locations. This solves the last meters navigation problem for couriers, cutting down wasted time searching for entrances or parking.

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

We live and work in Berlin, Germany. The company will remain based here after YC.

Explain your decision regarding location.

Berlin is our home and where our team is based. It is a major logistics hub in Europe where our early customers are located, so it makes sense to grow 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 truemetrics YC application?

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