Magnetic

Magnetic YC 申请

Summer 2025Active

Magnetic 在 Summer 2025 批次的 Y Combinator 中作为一家 B2B 公司进行过。以下是:公司做什么、谁创立了它,以及其 YC 申请,按照真实 YC 表格逐题重建。

YC 批次
Summer 2025
行业
B2BProductivity
团队规模
10
状态
Active
已发布
2025

创始人

  • Thomas Shelley
    Thomas ShelleyFounder
  • Patrick Fay
    Patrick FayFounder

Magnetic 做什么

Magnetic scans client documents - from handwritten charity notes to excel spreadsheet Schedule Cs to multi-state K-1s - and enters them into tax software automatically, saving hours of tedious data entry. The accounting profession is facing a massive talent shortage, as graduates choose different professions and the old guard begins to retire. As a result, CPA and tax preparation firms are awash in clientele, but unable to keep up. At many firms, phones go unanswered, clients are "fired", and websites are taken down, as the existing workforce tries to handle the grueling 80 hour+ weeks necessary to push through tax season to the April 15th deadline. We built this because a former colleague who owns her own tax firm asked us to automate her workload, and we quickly realized the massive opportunity. Thomas brings deep domain expertise as the former Head of Product at Keeper (YC W19), where he built tax engine automation systems and an OCR form scanning system that outperformed everything else on the market. At Keeper, he leveraged early access to OpenAI's LLMs (well before ChatGPT) to build systems that automated the entire tax filing process, allowing a tiny team of CPAs to process thousands of returns with near zero busy work. Patrick was the first engineer at FunCraft, shipping multiple mobile games with 1M+ downloads and building scalable shared codebases. We've worked together since 2017, including co-leading multiple teams at Zynga as PM & Tech Lead respectively. The opportunity is massive - there are 80M US personal tax returns filed via professionals annually, in a $2B outsourcing market where individual CPA firms currently pay $100k-$1M per year for inferior services. We're positioned to capture significant market share by offering better accuracy & document coverage, instant processing, and superior user experience. We've built this kind of software before, we've worked together for years (and even lived together), we've built products to $10M ARR before, and we have the grit to outwork anyone in this space.

Magnetic 的 YC 申请,重建版

Y Combinator 申请

Magnetic,Summer 2025 期。来自公开数据的真实申请问题解答。

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Magnetic

Describe what your company does in 50 characters or less.

AI Tax Preparer for CPA firms

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

We built software that scans all kinds of tax client documents - from handwritten charity notes to complex multi-state K-1s - and automatically enters the data into tax software. This saves CPA firms hours of manual data entry during tax season.

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

We live in San Francisco, CA, and plan to base the company here after YC.

Explain your decision regarding location.

San Francisco is where the team already lives and where we have relevant industry contacts. It's also a hub for AI and productivity startups.

21 更多回答 在完整申请中

Founders, Progress, Idea, Equity, Curious, Batch Preference 包含在完整版中。创建免费账户即可在 YC Insights 中打开,紧邻每个其他 YC 批次。

常见问题解答

这是 Magnetic 的真实 YC 申请吗?

不是。Y Combinator 对提交的申请保密。这是重建版:使用 Magnetic 的公开数据(发布笔记、创始人背景、产品描述)回答真实的 YC 表格问题。它展示了像 Magnetic 这样的公司会如何向 YC 自我介绍,而不是他们提交的文本。

Magnetic 是哪个 YC 批次的?

Magnetic 是 Y Combinator Summer 2025 批次的成员。

谁创立了 Magnetic?

Magnetic 由 Thomas Shelley, Patrick Fay 创立。

Magnetic 做什么?

AI Tax Preparer for CPA firms

如何阅读完整的重建申请?

创建免费的 Round Funded 账户。YC Insights 中包含 Magnetic 的完整 26 个问题的版本,以及其他所有 YC 批次的公司信息。

更多 YC 初创公司,例如 Magnetic