FlyCode YCアプリケーション

Summer 2022Active

FlyCodeはSummer 2022バッチでFintech企業としてY Combinatorを卒業しました。以下：会社の事業内容、創業者、そして実際のYCフォームで質問ごとに再構築されたYCへの応募内容。

YCバッチ: Summer 2022
業界: Fintech
チーム規模: 7
ステータス: Active
ローンチ済み: 2022

創業者

Tzachi DavidovichFounder
Etai AvrahamiFounder
Jake VacovecFounder

FlyCodeの事業内容

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

FlyCodeのYCアプリケーション、再構築済み

Y Combinator 申請

FlyCode 様、Summer 2022 バッチ。公開データから回答された、実際のフォームの質問。

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.

フルアプリケーションで21件の追加回答

はフルバージョンにあります。無料アカウントを作成して、他のすべてのYCバッチの横にあるYCインサイトで開いてください。

申請内容全体を見る

よくある質問

FlyCodeの実際のYCアプリケーションですか？

いいえ。Y Combinatorは提出されたアプリケーションを非公開にしています。これは再構築されたものです。実際のYCフォームの質問に、FlyCodeの公開データ（ローンチノート、創業者経歴、製品説明）から回答しています。FlyCodeのような会社がYCにどのようにアピールするかを示しており、彼らが提出したテキストではありません。