Aplicación YC de FlyCode

Summer 2022Active

FlyCode pasó por Y Combinator en el batch Summer 2022 como una empresa de Fintech. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.

Batch YC: Summer 2022
Industria: Fintech
Tamaño del equipo: 7
Estado: Active
Lanzado: 2022

Fundadores

Tzachi DavidovichFounder
Etai AvrahamiFounder
Jake VacovecFounder

Lo que hace FlyCode

FlyCode helps subscription merchants maximize revenue. We reduce involuntary churn by managing payment failures intelligently. We’re Jake, Etai, and Tzachi and we’re building FlyCode. TL;DR: If you sell SaaS or B2C subscriptions, we’re here to help you recover lost revenue due to failed payments and involuntary churn. ‘Involuntary’ or ‘Passive’ churn is a hidden Revenue Killer 💳 for Subscription Businesses ❌ THE PROBLEM: Recovering Failed Payments is Complex Involuntary churn refers to the loss of subscribers due to payment failures, not due to them actively canceling. While it is both possible and a worthwhile strategy to attempt to win back a customer during the cancellation process - involuntary churn is not intentional and in most cases, your customers aren’t even aware that their payment failed. 💰 Bottom line? Effective payment optimization does reduce involuntary churn and will increase ARR by as much as 5-10% FLYCODE SOLUTION 💡 FlyCode leverages ML and AI to provide Payment Optimization and smart payment retries to maximize subscription revenue and reduce churn. We apply a unique model tailored to each Merchant and their customers to ensure optimal results. ⚡️Automatically recover failed subscription payments and reduce passive churn ⚡️Use ML & AI based payment optimization to find the best time to charge your customers ⚡️ Improve customer experience by coordinating payment retries with customer emails/SMS 🛠️ We support OOTB + Custom Integrations for Merchants and White-Label for Platforms

Aplicación YC de FlyCode, reconstruida

Solicitud de Y Combinator

FlyCode, batch Summer 2022. Las preguntas reales del formulario, respondidas con datos públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

FlyCode

Describe what your company does in 50 characters or less.

Recover failed subscription payments to increase retention

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

FlyCode is a service that helps subscription merchants recover lost revenue by managing failed payments more intelligently. We use machine learning and AI models tailored to each merchant's customer base to find the best times to retry declined payments. Our product automatically executes optimized retries and coordinates payment attempts with customer communications via email or SMS to reduce involuntary churn and increase subscription lifetime value.

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

We live and work in Boston, MA, and the company would remain based here after YC.

Explain your decision regarding location.

We are based in Boston because that's where the three of us live and built the initial product. Boston has a strong tech community and access to subscription-based companies, which helps us test and refine our solution.

21 respuestas más en la aplicación completa

están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.

Ver aplicación completa

Preguntas Frecuentes

¿Es esta la aplicación YC real de FlyCode?

No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de FlyCode (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como FlyCode se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo FlyCode?

FlyCode formó parte del batch Summer 2022 de Y Combinator.

¿Quién fundó FlyCode?

FlyCode fue fundado por Tzachi Davidovich, Etai Avrahami, Jake Vacovec.

¿A qué se dedica FlyCode?

Recover failed subscription payments to increase retention and LTV

¿Cómo leo la aplicación completa reconstruida?

Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de FlyCode, y de cada otro batch de YC, está en YC Insights.