Every

Every

Every was founded by Y Combinator alumni Rajeev Behera and Barry Peterson, both veterans of scaling Reflektive, and emerged from Y Combinator's S23 batch. The firm's founding thesis — that early-stage founders lose critical time managing fragmented back-office tools — isn't marketing puffery. Behera and Peterson lived it, and they designed Every to collapse incorporation, a Delaware C-Corp, 83(b) elections, business banking, and treasury management into a single application. The company reports it reached $1M in revenue in its first year and had 75 customers by the time it closed a $9.5M seed round led by Base10, with participation from Y Combinator, Formus Capital, and Cambrian Ventures. Every operates as a fintech infrastructure layer rather than a fund or capital allocator, generating revenue through subscription fees and interchange on banking services provided by Thread Bank. It offers startup founders access to high-yield treasury products — US treasuries and money market funds — and cash-back rewards on debit card spend. Its product suite spans global payroll, state tax registrations, health benefits, dedicated bookkeeping with controller access, and R&D tax credit preparation. The firm's website indicates it partners with startup incubators and accelerators across the United States, though it does not name specific partner organizations. Every is not an investor; it does not take equity stakes in customers or deploy patient capital into portfolio companies. Every grew to 154 employees and a $6.4M revenue run-rate following a $22.5M Series A led by Redpoint Ventures. The firm reports 1,000+ active customers and 78% adoption of its full back-office suite. July 2024: Every became part of the Y Combinator network's recommended incorporation stack when YC Partner Carolynn Levy publicly endorsed the platform for providing founders with a durable corporate foundation and long-term structural guidance. Every does not act as a multi-family office, venture capital firm, or wealth allocator; it is a fintech platform that earns revenues by charging founders for operational services and capturing interchange on banking products. Its structural differentiator is the vertical integration of incorporation, banking, and ongoing compliance into one toolset, which effectively removes the need for founders to hire an outsourced CFO, a fractional controller, and a separate tax firm during the company's earliest stages.