Guide Startups

Forfeit

Winter 2023 · Active

An app that takes your money if you don't complete your habits.

Location: New York, US

Founded: 2022

Team size: 2

About

Say what you're going to do, when you're going to do it, and how much money you'll forfeit if you don't do it. Send photo or timelapse evidence of you completing the habit by the time you set, or we take your money. Eg, I could set it to go to the gym (or meditate for 30 mins, or take a photo of a sent email, or of a max amount of calories on MyFitnessPal) tomorrow at 6am, or lose $30. If I don't send photo evidence in the gym (that we manually approve), I lose $30.

Founders

  • Josh MitchellFounder

    Grew up in a village near Manchester, England. Was really into building 3D printers/CNC machines as a kid, went to Stanford for 2 years, and dropped out to do YC.

  • Eddie RavenFounder

    Went straight into industry as a software engineer after graduating high school. Now working on Forfeit.