Candidature YC de flexEngage

Winter 2016Acquired

flexEngage a été sélectionné par Y Combinator dans le cadre du batch Winter 2016 en tant qu'entreprise B2B. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.

Batch YC: Winter 2016
Secteur d'activité: B2BRetail
Taille de l'équipe: 25
Statut: Acquired
Lancé: 2015

Fondateurs

Tomas DiazFounder/CEO
Jay PatelFounder

Ce que fait flexEngage

flexEngage helps retailers personalize post-purchase communications, like receipts, to better engage their most committed customers and drive additional sales. Amazon is destroying traditional retailers with their data and software because most retailers can't afford to build it on their own. So instead, retailers resort to wasting billions of dollars on ineffective marketing like Facebook ads to try and compete, while ignoring their most effective marketing channel, post-purchase communications. flexReceipts provides retailers with Amazon-like software for their trillions of post-purchase communications, by turning static messages into a personalized marketing medium. We have a powerful data network effect; creating the world’s largest database of consumers’ shopping behavior currently at 300 million transactions and 47m unique consumer profiles. Other important information: - Our consumer database will replace the need for Nielsen, IRI, and Traqline - A $130b industry. - We're at $2.4m ARR, - Deployed in 11k stores nationwide by amazing brands like Under Armor, Michael Kors, Oakley, and GNC. - Contracts range from $25 - $500k yearly, recurring - with the majority being 3-year contracts. - Avg retailers you have never heard about, like Shoe Carnival and DXL, each represent $100k yearly recurring contracts for us. - We've run an efficient company while we found PMF. $2m still in the bank, $85k monthly burn.

Candidature YC de flexEngage, reconstruite

Candidature Y Combinator

flexEngage, promotion Winter 2016. Les vraies questions de candidature, répondues à partir de données publiques.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

flexEngage

Describe what your company does in 50 characters or less.

Dynamic post-purchase retail communications

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

We built flexReceipts to turn static retail receipts into personalized, data-driven marketing messages. Our software helps retailers like Under Armour and Michael Kors engage customers post-purchase and drive more sales by using transactional communications as a marketing channel.

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

We live and operate in Orlando, FL and plan to continue basing the company there after YC.

Explain your decision regarding location.

Orlando is where we built our early traction and relationships with retail clients. Staying here keeps costs low and lets us focus on product and customers rather than relocating.

21 réponses supplémentaires dans la candidature complète

se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.

Voir la candidature complète

Questions fréquemment posées

Est-ce la vraie candidature YC de flexEngage ?

Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de flexEngage (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme flexEngage se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC flexEngage appartenait-il ?

flexEngage faisait partie du batch Winter 2016 de Y Combinator.

Qui a fondé flexEngage ?

flexEngage a été fondé par Tomas Diaz, Jay Patel.

Que fait flexEngage ?

Dynamic transactional communications for physical stores to help…

Comment lire la candidature complète reconstruite ?

Créez un compte Round Funded gratuit. La version complète de la candidature de flexEngage en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.