Y Combinator is a US based seeds accelerator that was formed in 2005 with the purpose of providing early stage funding for startups based on their expenses and setting up costs. The founders of the project were Trevor Blackwell, Paul Graham, Jessica Livingston and Robert Tappan Morris. The idea of Y Combinator is to provide all support to set up a new venture and create a structure that enables them to seek further venture funding for growth.
Since inception,Y Combinator has funded over 1000 startups and their companies have a combined valuation of $65 bn. Compared to angel funds and venture funds, the role of Y Combinator is not just limited to providing funds but they provide help in finding early customers, developing the business idea and raising money from banks.
Here are the most successful Y Combinator Starups