Inscrição YC de FlyCode

Summer 2022Active

FlyCode passou pela Y Combinator no batch Summer 2022 como uma empresa Fintech. Abaixo: o que a empresa faz, quem a fundou e sua inscrição para a YC, reconstruída pergunta por pergunta no formulário real da YC.

Batch YC: Summer 2022
Indústria: Fintech
Tamanho da equipe: 7
Status: Active
Lançada: 2022

Fundadores

Tzachi DavidovichFounder
Etai AvrahamiFounder
Jake VacovecFounder

O que FlyCode faz

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

Inscrição YC de FlyCode, reconstruída

Inscrição Y Combinator

FlyCode, lote Summer 2022. As verdadeiras perguntas do formulário, respondidas com dados públicos.

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.

21 respostas a mais na inscrição completa

Founders, Progress, Idea, Equity, Curious, Batch Preference estão na versão completa. Crie uma conta gratuita para abri-la no YC Insights, ao lado de todos os outros batches da YC.

Ver inscrição completa

Perguntas Frequentes

Esta é a inscrição real da YC de FlyCode?

Não. A Y Combinator mantém as inscrições submetidas em privado. Esta é uma reconstrução: as perguntas reais do formulário da YC, respondidas a partir dos dados públicos de FlyCode (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como FlyCode se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC FlyCode esteve?

FlyCode fez parte do batch Summer 2022 da Y Combinator.

Quem fundou o FlyCode?

O FlyCode foi fundado por Tzachi Davidovich, Etai Avrahami, Jake Vacovec.

O que o FlyCode faz?

Recover failed subscription payments to increase retention and LTV

Como eu leio o application completo reconstruído?

Crie uma conta gratuita no Round Funded. A versão completa de 26 respostas do application do FlyCode, e de todos os outros lotes do YC, está no YC Insights.