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The world's most
watched Demo Day.

Since 2005, YC has funded 5,000+ companies worth over $1 trillion. Demo Day is the moment everything is on the line — know your numbers before you walk in.

5,000+

Companies funded

Since 2005

$1T+

Combined valuation

Portfolio market cap

Demo Days per year

W · Sp · Su · F batches

~1,000

Investors per event

Invite-only, San Francisco

All four 2026 Demo Days

Live countdowns to every 2026 YC Demo Day. Use the time to close your metric gaps before applications open.

W26Next

Winter 2026

March 24

Tuesday

29

DAYS

11

HRS

10

MIN

39

SEC

163 companies

Sp26

Spring 2026

June 16

Tuesday

113

DAYS

11

HRS

10

MIN

39

SEC

~150 companies

Su26

Summer 2026

September 10

Thursday

199

DAYS

11

HRS

10

MIN

39

SEC

~170 companies

F26

Fall 2026

December 2

Wednesday

282

DAYS

11

HRS

10

MIN

39

SEC

~150 companies

Two minutes.
Everything on the line.

YC Demo Day is invite-only, held in person in San Francisco. Around 1,000 of the world's most active investors attend, invited based on their investment history in YC companies.

Each startup gets exactly 2 minutes on stage. No demos. No feature lists. Just the problem, the traction, and the team. The best companies walk away with term sheets within 48 hours.

Invite-only event

~1,000 investors and media, in-person in San Francisco. Online access for those who cannot attend.

2-minute pitches

Problem statement, traction data, and team — in 120 seconds. No slides bloat, no "demo mode."

Four batches per year

W, Sp, Su, and F batches — each ending in a Demo Day. Companies can be discovered in the Startup Directory weeks before.

Term sheets within 48 hours

Top companies often leave with a SAFE already in motion. The best Demo Day pitches create competitive dynamics between investors.

What YC investors look for

Four dimensions. Every number calibrated against real YC Demo Day data.

35% weight

Monthly MRR Growth

25–40%+per month
  • 3+ consecutive months of strong growth
  • YC benchmark: 5–7% weekly ≈ 25–40% monthly
  • Accelerating trend > single peak month
25% weight

Burn Efficiency

<1.5×burn multiple
  • Burn multiple = net burn ÷ net new ARR
  • Best-in-class: under 1× (spend less than you earn)
  • Above 2× raises hard capital efficiency questions
20% weight

Monthly Retention

85%+monthly retention
  • 85%+ is good. 95%+ is exceptional.
  • NRR above 110% = expansion from existing users
  • Below 70% signals broken product-market fit
20% weight

Team Efficiency

$5K+MRR per person
  • 2–3 person teams generating $10–15K MRR ideal
  • Every hire should visibly move a core metric
  • Small + high-output signals founder quality

See how your metrics stack up

Demo Day Check measures all four dimensions and gives you a single readiness score — calibrated against these exact benchmarks.

Get My Score in 90 Seconds

Companies built from this stage

Every one of these started as a 2-minute Demo Day pitch. Our benchmarks are calibrated against their early-stage metrics.

AirbnbW09

Home-sharing marketplace

$75B+

StripeW10

Payments infrastructure

$65B+

CoinbaseSu12

Crypto exchange & wallet

$50B+

DoorDashSu13

Food & delivery platform

$20B+

DropboxSu07

Cloud storage pioneer

$8B+

TwitchW07

Live streaming for gaming

$15B+

BrexW17

Corporate cards for startups

$12B+

DeelW19

Global HR & payroll

$12B+

GitLabW15

DevOps platform

$15B+

InstacartSu12

Same-day grocery delivery

$10B+

AmplitudeW12

Product analytics

$4B+

CheckrSu14

Background check platform

$5B+

5,718 total companies in YC's directory · Combined valuation exceeds $1 trillion

Everything about YC Demo Day

Know your number
before they ask.

6 inputs. 90 seconds. One honest readiness score against real YC benchmarks.

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