We just raised $500,000 from the best accelerator program in the world

@avelishealth

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SoundTikTok sound · original sound - avelishealth

Promoted product

Avelis Healthavelishealth.com

Avelis uses AI to audit 100% of medical claims to identify errors and recover overpayments. We reduce annual health plan spend by 2-7%.

3 videos

Why it worked

The video leverages the prestige and aspirational nature of Y Combinator, a highly sought-after accelerator program. By announcing their acceptance and highlighting successful alumni, the creator taps into the ambition of other founders, making the content relatable and inspiring. The inclusion of the company's name and a link to their website in the bio further solidifies the promotional aspect.

Summary

The creator announces their company, Avelis Health, has been accepted into Y Combinator and received $500,000 in funding. They explain Y Combinator's role as a prestigious accelerator for tech founders, highlighting its successful alumni and unique demo day format that attracts investors.

Structure

1Announces YC acceptance and funding
2Explains YC's role and successful alumni
3

Original caption

WE JUST GOT INTO YC!!! 🎉 #ycombinator

More from @avelishealth

Product placement

The video mentions Y Combinator and lists several successful companies that have gone through the program. The creator's bio link leads to Avelis Health, an AI tool for auditing medical claims, which is implied to be the company that got into YC.

On-screen text

Y Combinator Top YC companies stripe airbnb instacart DOORDASH CRUISE twitch coinbase pagerduty Brex We help founders make something people want and the results speak for themselves. We help founders at their earliest stages regardless of We improve the rate of our startups. We're building they get over 30,000 applicants per cycle and they run four cycles per year and if you get in they only take 200 companies they'll give you half a million dollars and then they try to help you build your startup a lot of people assume that there's some secret sauce that they teach you in YC that is the reason why all these companies are successful but it's really just about being around 200 other cracked founders who are hitting their revenue goals every single week and motivating you to get something done the other major hack is that there's a demo day at the end of the program and so they round up all the big investors in Silicon Valley throw them in a room and then make them compete for your attention so kind of flips the fundraising model on its head and we just found out we got in so we'll see if it lives up to the hype

Transcript

We just raised $500,000 from the best accelerator program in the world. So Y Combinator is basically like Shark Tank for tech founders and they've had just a crazy alumni list of companies that have gone through like Stripe, Airbnb, Instacart, Coinbase, even Reddit. They get over 30,000 applicants per cycle and they run four cycles per year. And if you get in, they only take 200 companies. They'll give you half a million dollars and then they try to help you build your startup. A lot of people assume that there's some secret sauce that they teach you in YC that is the reason why all these companies are successful. But it's really just about being around 200 other cracked founders who are hitting their revenue goals every single week and motivating you to get something done. The other major hack is that there's a demo day at the end of the program. And so they round up all the big investors in Silicon Valley, throw them in a room and then make them compete for your attention. So kind of flips the fundraising model on its head. And we just found out we got in. So we'll see if it lives up to the hype.