Versa

Versa YC Application

Summer 2022Active

Versa 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
B2BFinance and Accounting
Team size
2
Status
Active
Launched
2022

Founders

  • Ted Power
    Ted PowerFounder
  • Thomas Moore
    Thomas MooreFounder

What Versa does

Versa is a merchant-owned network, through which merchants securely send purchase details to buyers. You'll automate government-mandated receipt capture, reduce chargebacks, and grow sales.

Versa's YC application, reconstructed

Y Combinator application

Versa, 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

Versa

Describe what your company does in 50 characters or less.

Smart receipts for your business spend

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

We built a merchant-owned network that securely sends purchase details directly from merchants to buyers. Our product automates the government-mandated receipt capture process, reduces chargebacks, and helps merchants grow sales by sharing verified transaction data with buyers in real time.

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

We currently live and work in New York, NY. After YC, the company will remain based here.

Explain your decision regarding location.

We're rooted in New York because that's where our network of merchants is strongest and where our team lives. It's important to be close to the businesses we serve, not to mention convenient for us as founders.

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 Versa YC application?

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

What YC batch was Versa in?

Versa was part of the Y Combinator Summer 2022 batch.

Who founded Versa?

Versa was founded by Ted Power, Thomas Moore.

What does Versa do?

Smart receipts for your business spend

How do I read the full reconstructed application?

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

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