Yotta YC Application

Summer 2020Active

Yotta went through Y Combinator in the Summer 2020 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 2020
Industry: FintechConsumer Finance
Team size: 8
Status: Active
Launched: 2020

Founders

Adam MoelisFounder
Ben DoyleFounder

What Yotta does

Users save money, get over 2x the national average in interest and weekly chances to win additional prizes up to $10 million through weekly random number drawings.

Yotta's YC application, reconstructed

Y Combinator application

Yotta, Summer 2020 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Yotta

Describe what your company does in 50 characters or less.

Save money and win prizes up to $10m

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

We built a savings product that gives users over twice the national average interest and weekly chances to win prizes up to $10 million via random number drawings. Users deposit money, which builds their savings and enters them into weekly prize draws, making saving money more engaging and rewarding.

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

We live in New York, NY and the company is based here. After YC, we plan to remain based in New York.

Explain your decision regarding location.

New York has the fintech ecosystem, talent, and financial infrastructure we need. We already have our team here and want to stay close to our banking partners and early users.

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 Yotta YC application?

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