Happy YC S24 Demo Day!
Congratulations and best of luck to all of the founders presenting 🦾
Fun facts about the batch
Key Industries (AI is everywhere)
• 63% B2B SaaS (ex: 🈁
@wordware_ai - IDE to develop, iterate and deploy AI Agents)
• 10% Healthcare (ex: 🩺
@usemitohealth - AI Preventive Health Provider)
• 10% Industrials (ex: 🦾
@BucketRobotics - defect detection platform for manufacturing)
• 7% Fintech (ex: 🤖
@AskTaxGPT - AI Co-Pilot for Accountants)
• 6% Consumer (ex: 🎥
@JoinOverlap - Perplexity for video & audio content)
• 2% Real Estate & Construction (ex: 🏡
@ModernRealty_ - AI Realtor for Home Buyers)
• 1% EdTech (ex: 📚
@EducatoAI - AI Powered Worldwide exam prep platform)
• 1% GovTech (ex: 🚙
@OntraMobility - Platform for cities to optimize transit)
Growth
• The median company will raise $1.3M at $14M valuation cap
• The top 10% will raise $1.8M at $20M valuation cap
• 55% will go on to raise a series A
• 5.5% will go on to be valued at $1B 🦄
Top Tools
• 73% will use
@brexHQ for business accounts, corporate cards, and expense management
• 70% will use
@pulley for cap table management & 409a valuations
• 53% will use
@posthog to analyze, test, observe, and deploy new features
• 35% will use
@fondocom to put bookkeeping, taxes, and tax credits on autopilot
• 30% will use
@supabase as the Open Source Firebase alternative