Y Combinator (YC) the Silicon Valley-based startup accelerator and seed fund, has answered some questions it says it gets asked a lot: What is the fundraising and valuation status of all startups that have come through its doors?
Launched in 2005 by Paul Graham, Trevor Blackwell Jessica Livingston, and Robert Morris, YC initially ran two programs — one in California, and one in Massachusetts. The latter of these closed in 2009.
Over the past 10 years, YC has funded and helped kickstart 940 startups, including Airbnb, Dropbox, Reddit, Instacart, and Coinbase. Though many startups enter YC for the mentoring, the accelerator also invests $120,000 for 7 percent equity in the companies.
Sam Altman, the Y Combinator president who replaced Paul Graham in 2014, has published some numbers that help demonstrate the role the accelerator has played in giving startups their big break. Though he is probably right when he says that “these are very imperfect indicators of success.”