70% of Y Combinator startups in 2023 are B2B, 28% use AI
Analysis of Y Combinator startups in 2023 and last 5 years.
Y Combinator is the most popular startup accelerator in the world for a good reason. Since 2005, they have invested in more than 4000 companies that have a combined value of over 600 billion dollars. Being part of their batches give entrepreneurs a huge advantage as many of them get their many first customers from the YC alumni companies.
In this article, I will be analyzing what kind of companies get in Y Combinator in 2023 to see if there are any patterns and which founders are most likely to be accepted in 2024.
Number of startups in YC batches over last 5 years
Y Combinator has two batches in a year, Winter and Summer batches. In the graphs, W19 means Winter 2019, S23 means Summer 2023.
There was a big increase in the number of startups Y Combinator invests in, especially in 2021 and 2022. That number seems to have decreased in 2023. However Y combinator still invested in 490 startups in 2023 which is more than they did in 2019 and 2020.
Let’s dig deeper into what those 490 startups in 2023 YC batches do.