Анализ fundraising · 2,745 компаний · coverage 45%
Как реально распределяется YC капитал
Кросс-референс YC dealflow с публичными funding данными через web search. Покрытие partial — long-tail компании часто без media следа — но достаточно чтобы увидеть форму, outliers, и как RFS announcement коррелируют с последующими raises.
1. Форма — gauss на log scale
На log-scale bucket гистограмме distribution выглядит roughly bell-shaped, peak около $500K-$2.5M — размер YC SAFE плюс follow-on seed.
Несколько buckets dominate: большинство компаний в $500K-$1M (потому что YC standard deal), потом fat middle seed-раундов $1-10M, потом тоньшее правое хвост Series A и далее. Форма не true Gaussian потому что input left-truncated (никто не поднимает меньше seed), и tail fat (несколько outliers >$100M).
2. Outliers тащат датасет
Top 50 компаний (4% с funding data) держат непропорциональную долю total. Без outliers типа Legora ($860M) и Magic ($465M) totals были бы намного меньше.
Из 6 unicorns Legora одна подняла $860M и hit $5.55B в марте 2026 — fastest YC unicorn. Outlier tail важнее median для category-level conclusions о том 'какие темы attract капитал'.
3. Куда идут деньги — по RFS темам
AI-Native Service Companies attract больше всего aggregate капитала ($3.8B+) хотя формально анонсированы только в S26 RFS — confirms 'hidden trend, funded before announcement' pattern из Insights.
Sum raised per RFS показывает что AI agents replacing services + AI-native SaaS + LLM back-office automation collectively account for ~$8B+ датасета — большинство YC venture pool. Climate sub-темы barely appear: пара миллионов per тема at best. Defense, robotics, onchain occupy middle.
4. Влияли ли RFS анонсы на raises?
Для большинства тем answer no — компании funded ДО announcement тащат totals. RFS rarely 'unlocked' волну капитала; он formalized то что уже existed.
Для каждой RFS темы split matched компании по тому, started ли их YC batch ДО или ПОСЛЕ RFS announcement, потом compared median и sum raised. Темы где post-launch компании raised significantly больше pre-launch — кандидаты для 'RFS amplification'. Большинство показывают что pre-launch raises dominate.
5. По батчам: maturity vs hype
Older batches естественно raised больше aggregate — больше времени на rounds. Median raise per batch — cleaner signal hot ли cohort выше предшественников.
Median raises stay surprisingly flat across batches когда controlling for time-since-batch. W22 outliers (Cursor, Mintlify, Anysphere) inflate sum но не median. Younger batches' medians dominated YC standard $500K SAFE, поэтому они understate actual raise velocity.
6. Stage distribution
Pre-seed и Seed dominate, как ожидаемо. Менее 10% компаний с public funding data reached Series B+ — typical YC age curve.
Distribution skewed к early stages потому что dataset recent (W22-F26). Старые cohorts (W22, S22) contribute больше Series B+ entries; younger cohorts (W25 onward) в основном Seed/Pre-seed.
Top 30 по общей сумме поднята
| # | Компания | Batch | Total | Раунд | Valuation |
|---|---|---|---|---|---|
| 1 | Legora↗yc The AI workspace for lawyers | Winter 2024 | $860M | Series D | $5.5B |
| 2 | Phind↗yc AI search engine | Summer 2022 | $465M | Growth | $1.5B |
| 3 | Magic↗yc Pay by Bank Platform | Summer 2022 | $465M | Series | $1.5B |
| 4 | Kapital Bank↗yc Data driven neobank for SMBs in LATAM | Winter 2022 | $371M | Series C | $1.3B |
| 5 | Corgi Insurance↗yc Corgi is building an AI financial infrastructure company | Summer 2024 | $268M | Series B | $1.3B |
| 6 | Arc↗yc Banking & Funding for Startups | Winter 2022 | $180M | Series A | — |
| 7 | Tennr↗yc Fast, Transparent Patient Experiences | Winter 2023 | $177M | Series C | $605M |
| 8 | Avoca↗yc AI-powered Sales Agent for Service-Based Industries | Winter 2023 | $125M | Series B | $1.0B |
| 9 | Reducto↗yc The complete agentic document platform | Winter 2024 | $108M | Series A | — |
| 10 | Campfire↗yc The AI Native ERP for the fastest growing companies. | Summer 2023 | $104M | Series B | — |
| 11 | Hubble Network↗yc Bluetooth to Space | Winter 2022 | $100M | Series B | — |
| 12 | Bretton AI↗yc AI agents for financial compliance (AML, KYC and Sanctions) | Summer 2023 | $95M | Series B | — |
| 13 | Aspora↗yc Single account to manage money across the world | Winter 2022 | $93M | Series B | $500M |
| 14 | Model ML↗yc AI Workspace for Financial Services. | Winter 2024 | $87M | Series A | — |
| 15 | Aurelian↗yc Automating non-emergency calls for 911 centers | Summer 2022 | $75M | Series B | — |
| 16 | Mintlify↗yc The intelligent knowledge platform | Winter 2022 | $67M | Series B | $500M |
| 17 | Nira Energy↗yc Software to find the best sites for renewables on the electrical grid | Winter 2022 | $66M | Growth | — |
| 18 | Bland AI↗yc The enterprise platform for AI phone calls | Summer 2023 | $65M | Series B | — |
| 19 | Giga↗yc AI Support Agent for Enterprises. | Summer 2023 | $65M | Series A | — |
| 20 | HappyRobot↗yc Intelligence that runs your operations. | Summer 2023 | $62M | Series B | — |
| 21 | Salient↗yc AI Servicing for Auto Lenders | Winter 2023 | $61M | Series A | $500M |
| 22 | Unify↗yc Hire AI - Not APIs | Winter 2023 | $59M | Series B | $260M |
| 23 | Numeral↗yc The AI-native sales tax solution. | Winter 2023 | $57M | Series B | $350M |
| 24 | Alaan↗yc Modern finance platform for the Middle East | Winter 2023 | $56M | Series A | — |
| 25 | Cinder↗yc Infrastructure to protect companies from AI abuse | Winter 2022 | $55M | Series B | — |
| 26 | Solve Intelligence↗yc AI patent drafting, prosecution, litigation and more for legal teams. | Summer 2023 | $55M | Series B | — |
| 27 | AstroForge↗yc We Mine Asteroids | Winter 2022 | $55M | Series A | — |
| 28 | Spade↗yc Enriched transaction data you can build on | Winter 2022 | $55M | Series B | — |
| 29 | Stream↗yc The AI Claims Workbench automating insurance claims | Summer 2022 | $53M | Seed | — |
| 30 | HockeyStack↗yc The operating system for inbound B2B revenue | Summer 2023 | $53M | Series A | — |