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Y Combinator vs Techstars

What Y Combinator and Techstars each invest, the equity they take, who they suit and when applications close, from each programme's own pages.

Y Combinator vs Techstars

Y Combinator

Funding
US$500,000 US$500k as two SAFEs signed together: $125k on a post-money SAFE for 7% and $375k on an uncapped MFN SAFE
Instrument
SAFE
Equity taken
7% 7% from the $125k post-money SAFE; the $375k uncapped MFN SAFE converts on the most favourable terms of SAFEs issued from around the start of the batch until the priced round
Programme fee
No fee YC says it charges companies no fees to take part
Duration
not published
Cohort size
not published
Cohorts
4 a year
Delivery
In person
Stages
Idea, pre-seed, seed
Sectors
Sector-agnostic
Open to founders from
Anywhere
Perks
  • Help with visas and incorporation for founders from outside the US
  • Access to Bookface, YC's founder platform, and alumni events

The batch lasts three months and opens with a three-day in-person retreat. YC also takes a pro rata right to invest in later rounds.

Techstars

Funding
US$220,000 US$220k: $20k on a post-money convertible equity agreement for 5% in common stock plus $200k on an uncapped MFN SAFE
Instrument
SAFE
Equity taken
5% 5% in common stock from the convertible equity agreement, plus whatever the $200k uncapped MFN SAFE converts into at the next priced round
Programme fee
not published
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
Hybrid
Stages
Pre-seed, seed
Sectors
Sector-agnostic
Open to founders from
not published
Perks
not published

Programmes last three months. The New York City programme meets in person for its first two weeks, one week in the middle and demo day. The offer is regional: Techstars Tokyo invests US$120k ($100k uncapped MFN SAFE or J-KISS plus $20k for 5%).

Where they differ

Where they differ
TermY CombinatorTechstars
FundingUS$500,000US$220,000
Equity taken7%5%
InstrumentSAFESAFE
Programme feeNo feenot published
Durationnot publishednot published
Cohorts4 a yearnot published
DeliveryIn personHybrid
StagesIdea, pre-seed, seedPre-seed, seed
SectorsSector-agnosticSector-agnostic
Based inSan Francisco, United StatesUnited States
Next deadline2 November 202618 November 2026

Which fits whom

Y Combinator fits founders

  • At the idea, pre-seed or seed stage
  • Who can be in San Francisco for the programme
  • In any sector
  • Willing to give up 7% equity; the standard offer is US$500,000

Techstars fits founders

  • At the pre-seed or seed stage
  • Who can join some sessions in person in the United States
  • In any sector
  • Willing to give up 5% equity; the standard offer is US$220,000

Application dates

Y Combinator

Open · closes 2 Nov 2026Winter 2027

Winter 2027: applications close 2 November 2026.

Techstars

Open · closes 18 Nov 2026New York City, Boston, London and Anywhere 2027

New York City, Boston, London and Anywhere 2027: applications opened 24 August 2026 and close 18 November 2026; the programme starts 8 March 2027 and demo day is 3 June 2027.

Y Combinator vs Techstars: questions founders ask

Which invests more, Y Combinator or Techstars?

Y Combinator publishes the larger standard offer: Y Combinator US$500,000, Techstars US$220,000.

Which takes less equity, Y Combinator or Techstars?

Techstars publishes the smaller stake: Y Combinator 7%, Techstars 5%. Each listing's equity note says what else converts later.

Which closes first, Y Combinator or Techstars?

Y Combinator closes first, on 2 November 2026; Techstars closes on 18 November 2026.

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