Candidature YC de Level

Summer 2021Acquired

Level a été sélectionné par Y Combinator dans le cadre du batch Summer 2021 en tant qu'entreprise Fintech. 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: Summer 2021
Secteur d'activité: FintechCredit and Lending
Statut: Acquired
Lancé: 2021

Fondateurs

Vladimir KorshinFounder
Molly HoganFounder
Asa SchacharFounder

Ce que fait 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.

Candidature YC de Level, reconstruite

Candidature Y Combinator

Level, promotion Summer 2021. Les vraies questions de candidature, répondues à partir de données publiques.

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 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 Level ?

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 Level (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Level se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC Level appartenait-il ?

Level faisait partie du batch Summer 2021 de Y Combinator.

Qui a fondé Level ?

Level a été fondé par Vladimir Korshin, Molly Hogan, Asa Schachar.

Que fait Level ?

Fast and simple fintech financing

Comment lire la candidature complète reconstruite ?

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