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YCS24· Other

Village Labs

Helping America's businesses become employee owned

ActiveChecked 21h ago
Batch
S24
Status, per YC
Active
Team size
2
HQ
New York City, NY
In S24248 companies, 85% AI
villagelabs.appYC profile

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About Village Labs

At Village Labs, we help America's businesses become employee owned by helping them set up and manage an employee stock ownership plan (ESOP). ESOPs are a federal retirement plan that enable businesses to give their employees a stake in the company in exchange for significant tax benefits. With 2.9M Baby Boomer business owners set to retire in the coming years, there's a growing "Silver Tsunami" of businesses across the country in search of new ownership. For many of these owners, selling to their employees is a socially-minded yet financially pragmatic solution. By selling ownership of their business to an ESOP, owners get a fair price, tax benefits, and the satisfaction of knowing their employees and legacy will be taken care of — things not guaranteed with traditional buyers like private equity. In turn, employees retain their jobs and get shares in the business that can help them create life changing wealth by the time they retire — imagine an office secretary retiring as a millionaire. Thousands of businesses across America like Bob's Red Mill, Harpoon Brewery, and Recology already have an ESOP, benefiting over 14 million workers and creating 2.1 trillion in employee wealth. We're excited about the opportunity to massively grow these numbers by making it simple for every business to become employee owned.

New York City, NY, USA

Village Labs: questions

Which YC batch was Village Labs in?

Village Labs was in Y Combinator's Summer 2024 batch (S24).

Is Village Labs still active?

Y Combinator lists Village Labs as active.

Where is Village Labs based?

Village Labs lists New York City, NY, USA as its location on YC's directory.

Not affiliated with Y Combinator. From YC's public directory. Logos via logo.dev; trademarks belong to their owners.

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