Y Combinator Winter 2025

• Program Type: In person
• Location: San Francisco
• Investment: $500K
• Equity Taken: 7%
• Program duration: 3 months
• Stage: Early stage
• Industry of Focus: Y Combinator is industry agnostic.

Other Important Information: The batch will take place from January–March 2025 in San Francisco. The deadline to apply on-time is October 15. People who apply before the regular deadline will hear back by November 20. If you apply after the deadline, we'll still consider the application but can't promise exactly when we'll get back to you. If your application is promising, we will invite you to interview with us. Most interviews will be held by video conference from late October to early December. The batch will take place in-person in San Francisco. It kicks off with a 3-day, in-person retreat and features weekly meetups in San Francisco.

Our $500K investment is made on 2 separate safes at the same time, with an accompanying YC Agreement:

• We invest $125,000 on a post-money safe in return for 7% of your company (the “$125k safe”)
• We invest $375,000 on an uncapped safe with a Most Favored Nation (“MFN”) provision (the “MFN safe”)
• The YC Agreement sets out some YC-specific guidelines and rights, including a participation right to invest in the company’s future financing rounds.