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Hype
YC S22New York City, US · 3 employees · Hiring · 13 known investors
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Hype is a mobile application that tracks cryptocurrency trends, memecoins, and top traders in the crypto market.
Also known as Hypeshot · the402 · Hype (YC S22)
Founders & leadership· Y Combinator alumni (S22)
Investors · 13
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Company profile
researched Aug 2026Hype is a New York City-based consumer crypto company that operates a mobile application for trading memecoins. According to its Y Combinator company profile, the product allows users to trade memecoins and other cryptocurrencies and to send crypto to friends. The app is distributed on iOS via the Apple App Store, and the company's site is listed as hype.meme.
The company was part of Y Combinator's Summer 2022 batch, with Brad Flora listed as its primary YC partner, and is categorized under fintech, crypto/Web3, consumer and entertainment. Ravi Bakhai is listed as founder and CEO. As of the YC listing, the team size was three and the company was hiring software engineers in New York, with posted salary ranges of $120,000-$180,000 for a software engineer role and $140,000-$210,000 for a senior software engineer role.
Publicly indexed press coverage associated with the company includes a November 2024 report by The Block on the launch of a 'President Memecoin Index' ahead of Election Day, as well as broader memecoin-market articles from Blockworks and Bloomberg. Beyond these items, the available sources contain no financial, funding or user metrics for the company.
Business model
Hype operates a consumer-facing mobile application distributed through the Apple App Store, through which users trade memecoins and other crypto assets and send crypto to other users. The sources do not describe how the company charges users or otherwise generates revenue.
Traction
The available sources report no user, revenue or transaction metrics; the only quantitative datapoint is a team size of three.
Latest developments
The most recent company-specific item in the sources is the November 2024 launch of a 'President Memecoin Index' timed to the US Election. A July 2025 Bloomberg article on venture capital and crypto is listed among the company's news items but is not described as company-specific in the available material. Y Combinator's listing shows the company as active and recruiting engineers in New York.
▸Full profile — technology, go-to-market, geography, history
Technology
A consumer iOS mobile application supporting memecoin and crypto trading and peer-to-peer crypto transfers.
Go-to-market
Distribution is direct-to-consumer via an iOS application on the Apple App Store; the sources provide no further detail on customer acquisition.
Retail crypto users and memecoin traders.
Geography
The company is located in New York City, New York, United States, and lists its open engineering positions there.
History
The company participated in Y Combinator's Summer 2022 batch. In November 2024 it was cited in trade press for launching a 'President Memecoin Index' ahead of the US election, and it has been referenced in subsequent crypto and venture coverage through mid-2025. Y Combinator's company page lists its status as active, with a team size of three and open engineering roles in New York.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 4
Companies working in the same space as Hype.
Timeline · 1
launches, deals, and filingsCoverage by The Block reported that memecoin trading tool Hype launched a 'President Memecoin Index' ahead of US Election Day.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- Hypefy AI Raises $7.2M in Series A Fundingfinsmes.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Hype do?
- Hype is a New York-based Y Combinator (S22) consumer crypto app for trading memecoins and sending crypto to friends.
- Who founded Hype?
- Hype was founded by Ravi Bakhai.
- Who are Hype's investors?
- Hype's investors include Paradigm, Spice Capital, Y Combinator, Acrew Capital, Baller Ventures, Collab+Currency, Distributed Global, Gaingels and 5 more.
- Where is Hype headquartered?
- Hype is headquartered in New York City, US.