Doola

Doola is a company that provides comprehensive services to help entrepreneurs globally establish and manage U.S.-based businesses. Founded in late 2020, Doola aims to democratize access to the U.S. financial ecosystem, enabling founders from around the world to seamlessly set up and operate their businesses in the United States.

Key Services:

• Business Formation: Doola assists entrepreneurs in incorporating U.S. entities, such as Limited Liability Companies (LLCs), providing guidance through the necessary legal procedures to establish a business presence in the U.S.

• Banking and Payment Solutions: The platform facilitates access to U.S. banking services and payment processing solutions, ensuring that international founders can manage transactions effectively within the U.S. financial system.

• Compliance and Tax Support: Doola offers ongoing support to help businesses remain compliant with U.S. regulations, including assistance with tax filings and understanding legal obligations.

• Business Management Tools: Beyond formation, Doola provides tools for bookkeeping, tax management, and sales analytics, aiming to streamline business operations and support growth.

Mission and Vision:

Doola’s mission is to empower entrepreneurs worldwide by providing a “Business-in-a-Box™” solution that simplifies the process of starting and running a U.S. business. The company envisions increasing global entrepreneurship by making it easy for anyone, anywhere, to establish a business in the U.S.

Funding and Growth:

Since its inception, Doola has secured funding to expand its services. The company raised $3 million in a seed round in November 2021 and an $8 million Series A funding in November 2022. Investors include Nexus Venture Partners, Y Combinator, and Translink Investment.

Global Reach:

Serving customers across over 175 countries and six continents, Doola has assisted more than 10,000 founders in establishing their U.S. businesses. The company’s services are particularly beneficial for international entrepreneurs seeking to enter the U.S. market.

Conclusion:

Doola positions itself as a trusted partner for entrepreneurs aiming to navigate the complexities of starting and managing a U.S. business. By offering a comprehensive suite of services—from incorporation to ongoing compliance support—the company strives to make the process accessible and straightforward for founders worldwide.