Submittable (Missoula, Montana) pitched a few hundred Silicon Valley investors today including MC Hammer and Ashton Kutcher. :)

Paul Graham kicked off his accelerator Y Combinator’s 15th Demo Day saying that though 75 startups will present today, this summer 2012 class has the "smallest percentage of applicants that we’ve ever accepted." It’s clear that YC’s notoriety for getting founders in front of top investors is growing, and it’s becoming harder for startups to come out to succeed without support from accelerators like Y Combinator, 500 Startups, and TechStars.

Here we’ll give you a preview of the first 17 companies showing their stuff to VC firms, angels, and press, plus give our analysis about which have the biggest potential to change the world, or at least make a lot of money.

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Submittable http://www.submittable.com/ — Easy submission management

Submittable makes it easy for any company to manage their submissions process and collect submissions fees http://techcrunch.com/2012/06/18/submittable/ . Customers already include Virgin, Harvard, and Playboy. What do those companies have in common? Nothing, which is why the founders think this could be a huge market: "If they could use it, anybody can use it."

These submissions can take the form of everything from resumes to blog posts to job applications. Submittable allows companies to not just accept the submissions, but also to create tasks and workflows around them, for example handing off the review process between different editors. As for the fees, the company says it has processed $1.5 million in payments, and that its revenue is growing 16 percent per month. Read more about Submittable. http://techcrunch.com/2012/06/18/submittable/

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Full Story: http://techcrunch.com/2012/08/21/yc-demo-day-s12/?goback=.gde_1868765_member_150282474

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Meet the 10 companies that are TNW’s picks from Y Combinator’s Demo Day

Submittable http://submittable.com/

Companies who need to collect fees for submitting an application for something need a platform to do so. Submittable could be that platform. The company already has Virgin America, Playboy and Harvard University as clients. How’s that for impressive?

This service could be used for manuscript submissions to editors, blog posts to online publishers or resumes for jobs. If someone needs to collect an application fee, Submittable provides the platform and takes a cut for each transaction. The company has already processed $1.5M in payments and sees 1,500 submissions made daily.

This might not be sexy, but it’s a huge opportunity.

by Drew Olanoff

Full Story: http://thenextweb.com/insider/2012/08/22/here-top-ten-startups-saw-y-combinator-demo-day/