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Heron

YC S20 · Active · Underwriting automation for small business finance

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About Heron

Heron is on a mission to eliminate the underwriting tax on American businesses. When a consumer applies for credit, a spinning wheel can return an offer in seconds; when a business applies for a loan or insurance policy, humans still spend hours reading documents, verifying the business, detecting fraud, and deciding what to offer. Heron does that work in software: lenders, insurers, and credit brokers send applications in and get declines and offers out in minutes instead of days. We have underwritten roughly 1 in 8 US employer businesses in the past year. That scale allows us to go beyond what any individual could ever do: identify cross-customer signals across millions of businesses to build new data products, and ultimately become the data layer for private businesses in the US. Backed by Insight Partners and Y Combinator.

YC batch
S20 · Summer 2020
Status, per YC
Active
Category
AI
Team size
60
Location
New York City, NY, USA
Checked
32m ago

YC tags: Fintech, SaaS, B2B, AI

Heron in S20: 209 companies, 28% AI

Heron: questions

Which YC batch was Heron in?

Heron was in Y Combinator's Summer 2020 batch (S20).

Is Heron still active?

Y Combinator lists Heron as active.

Where is Heron based?

Heron lists New York City, NY, USA as its location on YC's directory.

Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.

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