Insight · Y Combinator

YC went global, then came home

For most of its first decade, Y Combinator was an American program: non-US companies made up under 6% of the 2012 intake. The international share then climbed for a decade and peaked at 40% in the 2022 batches — before collapsing back to single digits by 2025. The round trip is visible in one aggregation over the public directory's country field.

US vs international share of each batch year (%)

100020082026
US share %International share %

All numbers

Batch yearCompaniesUSInternationalIntl %
2008333126.1%
2009373700%
2010605823.3%
201110310032.9%
201213612885.9%
2013958877.4%
20141461271913%
20152121783416%
20162181863214.7%
20172321706226.7%
20182692076223%
20193602629827.2%
202043129413731.8%
202170839331544.5%
202261637024639.9%
20234493638619.2%
20245504955510%
2025573524498.6%
2026359343164.5%

Top non-US countries, all time

United Kingdom GB209
India IN201
Canada CA133
Mexico MX80
France FR53
Singapore SG50
Nigeria NG50
Germany DE47
Brazil BR46
Indonesia ID30

Methodology & caveats

  • · One query: POST /v1/yc/companies/search with {"group_by":["batch_year","country"]}.
  • · Country is the company's listed HQ country in the YC directory — not founder nationality; companies that relocate to the US after acceptance typically list US.
  • · Companies without a listed country are excluded from shares. 2005–2007 batches excluded (small n); future announced batches excluded.
  • · Data as of 2026-06-11.

Slice by region, tag, or status via the YC directory API. Related: industry drift · batch survival.