Doctorpreneurs perspective: in recent years more and more health tech companies have been accepted on Y Combinator, and an increasing number of European companies are being accepted too. It is a great opportunity for two reasons in particular – to accelerate your product development and increase your chances of investment. Applications are accepted on a rolling basis.
Twice a year, we invest a small amount of money ($125k) in a large number of startups. We have two batches per year – one from January through March and one from June through August.
To apply to Y Combinator, you just fill out an application form. We invite the most promising groups to meet us, and we make funding decisions afterward.
The YC program lasts for three months. During those three months, founders participate in group office hours every two weeks and can meet with partners for office hours as often as needed.
During the batch, we host a weekly talk, where we invite an expert in some aspect of startups to speak. Typically, speakers include startup founders, venture capitalists, and executives from well-known technology companies.
About ten weeks in, we host Demo Day where all the startups can present their products and services to a specially selected audience of investors and press.
But YC doesn’t end on Demo Day. We and the YC alumni network continue to help founders for the life of their company, and beyond.
Important note: Please check the organisation’s website for application dates. The presence of this posting does not necessarily mean applications for this opportunity are currently open.
About Y Combinator
Y Combinator provides seed funding for startups. Seed funding is the earliest stage of venture funding. It pays your expenses while you’re getting started.
Some companies may need no more than seed funding. Others will go through several rounds. There is no right answer; how much funding you need depends on the kind of company you start.
At Y Combinator, our goal is to get you through the first phase. This usually means: get you to the point where you’ve built something impressive enough to raise money on a larger scale. Then we can introduce you to later stage investors—or occasionally even acquirers.