Level

Application YC di Level

Summer 2021Acquired

Level ha partecipato a Y Combinator nel batch Summer 2021 come azienda Fintech. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.

Batch YC
Summer 2021
Settore
FintechCredit and Lending
Stato
Acquired
Lanciata
2021

Founder

  • Vladimir Korshin
    Vladimir KorshinFounder
  • Molly Hogan
    Molly HoganFounder
  • Asa Schachar
    Asa SchacharFounder

Cosa fa 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.

Application YC di Level, ricostruita

Domanda per Y Combinator

Level, batch Summer 2021. Le vere domande del form, risposte da dati pubblici.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. 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 risposte in più nell'application completa

Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.

Domande Frequenti

Questa è l'application YC reale di Level?

No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di Level (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come Level si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva Level?

Level apparteneva al batch Summer 2021 di Y Combinator.

Chi ha fondato Level?

Level è stato fondato da Vladimir Korshin, Molly Hogan, Asa Schachar.

Cosa fa Level?

Fast and simple fintech financing

Come leggo la ricostruzione completa della application?

Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di Level, e di ogni altro batch YC, è in YC Insights.

Più startup YC come Level