Yumbin

Yumbin YC Application

Winter 2014Inactive

Yumbin went through Y Combinator in the Winter 2014 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
Winter 2014
Industry
B2BOffice Management
Status
Inactive
Launched
2013

Founders

  • Kevin Tom
    Kevin TomFounder

What Yumbin does

Yumbins are mobile POS-powered self-checkout markets that offer a curated mix of the highest quality and healthiest snacks, beverages and essentials to office employees. Think of us as the Square for self-checkout meets on-site mini-Whole Foods. Vending is a stagnant $43 billion industry that has suffered from expensive proprietary hardware, onerous payment acceptance and limited (often wildly unhealthy) selection. We replace this hardware with lightweight software that enables customized product selection and seamless checkout. Offices no longer need to sully their breakrooms with unsightly machines selling stale snacks; rather, they can enjoy the clean and minimal retail look of our Yumbins chock full of delicious products. Initially, we are targeting workplaces where employees pay for snacks, which are the large majority of corporate offices and manufacturing facilities. 1.2M of these sites fall into our target market, of which roughly 50% have vending machines today.

Yumbin's YC application, reconstructed

Y Combinator application

Yumbin, Winter 2014 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

Yumbin

Describe what your company does in 50 characters or less.

App replaces office vending

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

We built a mobile POS-powered self-checkout market called Yumbin that replaces traditional vending machines in offices. Instead of old hardware, users pick snacks and essentials from stylish, mini-market setups and check out with their phones. This lets companies ditch clunky vending machines and offer better, healthier snacks with no payment hassle.

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

We live in San Francisco and plan to base the company here after YC.

Explain your decision regarding location.

San Francisco puts us close to tech talent, office customers, and payment technology partners. It's where we work and where our target customers operate.

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 Yumbin YC application?

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

What YC batch was Yumbin in?

Yumbin was part of the Y Combinator Winter 2014 batch.

Who founded Yumbin?

Yumbin was founded by Kevin Tom.

What does Yumbin do?

App replaces office vending.

How do I read the full reconstructed application?

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

More YC startups like Yumbin