Aplicación YC de Level

Summer 2021Acquired

Level pasó por Y Combinator en el batch Summer 2021 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 2021
Industria: FintechCredit and Lending
Estado: Acquired
Lanzado: 2021

Fundadores

Vladimir KorshinFounder
Molly HoganFounder
Asa SchacharFounder

Lo que hace Level

Level provides fast and simple financing to lending startups that gets them off the ground and grows with them as they scale. We do so by buying loans in small quantities at first and rewarding our customers with more access to capital based on performance. Co-founder & CEO, Vladimir Korshin, previously worked in the traditional venture debt system at Silicon Valley Bank, where he noticed that strong startups were frequently denied from non-dilutive financing because they were too small. Just 4 weeks after going live with our first customer, we purchased $1.3M in loans across 6 customers. The founding team brings 30+ years of startup experience: Vladimir previously worked as an operator at Facebook, Eventbrite, and Niantic; Asa Schachar was an engineer at Microsoft and managed teams of engineers at Optimizely; Molly Hogan led new and international product initiatives at Amazon for over 7 years. Level is backed by Liquid2, Y Combinator (S21), and others.

Aplicación YC de Level, reconstruida

Solicitud de Y Combinator

Level, batch Summer 2021. Las preguntas reales del formulario, respondidas con datos públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Level

Describe what your company does in 50 characters or less.

Fast and simple fintech financing

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

We provide lending startups with quick, simple access to non-dilutive financing by buying their loans in small amounts initially, then increasing capital access based on performance. Our product is designed to help startups get off the ground when traditional venture debt won't fund them because they're too small.

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

We live in San Francisco and have a remote team. After YC, we plan to continue based in San Francisco and remain flexible to work remotely.

Explain your decision regarding location.

San Francisco is the center of fintech startups and investors we serve. Being local helps us build relationships with early-stage lending companies that need financing but struggle to find it elsewhere.

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 Level?

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 Level (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como Level se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo Level?

Level formó parte del batch Summer 2021 de Y Combinator.

¿Quién fundó Level?

Level fue fundado por Vladimir Korshin, Molly Hogan, Asa Schachar.

¿A qué se dedica Level?

Fast and simple fintech financing

¿Cómo leo la aplicación completa reconstruida?

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