Pigeon.ly (YC W15), A Startup Focused On Serving The U.S. Prison Population, Joins Y Combinator

by Y Combinator3/24/2015

YC welcomes Pigeon.ly to the Winter 2015 batch. Pigeon.ly is building a profitable new category of services for the 20M ppl with family in prison. Read more about Pigeon.ly on TechCrunch:

“Hutson says that 1 percent of the U.S. population has a loved one who is in prison, given the scale of the U.S. mass incarceration system. He estimates it’s a $2 billion market. If you look at competitors, Securus sold to a private equity firm in 2013 for about a half-billion dollars while JPay told CNBC it had $50 million in revenues last year. 

While Pigeon.ly is definitely farther along in terms of product and growth than some of its peers in the YC program, Hutson said it was valuable to join the program anyway. YC partner Michael Seibel, who co-founded SocialCam and Justin.tv, heavily recruited Hutson and has been a big advocate for diversifying each batch of companies
‘Being a minority founder building a company, Y Combinator can help. You need to have the right affiliations. You need to be in the right circles. We looked at this as an opportunity to get access to investors and talent.'”
Listen to Planet Money’s episode on Pigeon.ly: Episode 610 The Prisoner’s Solution

    Categories

    YC News

    Author

    • Y Combinator

      Y Combinator created a new model for funding early stage startups. Twice a year we invest a small amount of money ($150k) in a large number of startups (recently 200). The startups move to Silicon