COMPANY INFO
The actual company name is doola. It was founded in 2020 by Arjun Mahadevan (Co-Founder and CEO) and JP Pincheira (Co-Founder & CTO). The company has between 11-50 employees and is headquartered in New York, NY. doola operates in the Technology, Information, and Internet industry, offering a Business-in-a-Box™ solution that helps US and non-US founders easily start and manage their US businesses, including LLC formation, banking, payments, compliance, and tax services. Their mission is to democratize access to the US financial ecosystem and empower entrepreneurs globally to turn their ideas into businesses.
Doola is an innovative fintech company founded in 2021 by JP Pincheira and Arjun Mahadevan. Headquartered in New York, NY, and operating within the Technology, Information, and Internet industry, Doola empowers US and international founders to swiftly launch and manage US-based businesses. Their all-in-one Business-in-a-Box™ platform streamlines everything from LLC formation to banking, payments, compliance, and tax services, breaking down barriers to the US financial ecosystem for entrepreneurs worldwide.
Doola has demonstrated impressive traction in the funding landscape, with a total of $12 million raised across four funding rounds. The company’s funding strategy has centered on strengthening its platform and expanding support for small and global businesses. Key milestones include back-to-back Series A rounds and strong support from leading venture capital firms and angel investors. Doola funding rounds have enabled the company to continually innovate and scale its offerings, with a clear focus on democratizing access to US business infrastructure.
This Series A round was led by HubSpot Ventures to scale support for small businesses globally and further Doola’s mission to democratize access to the US financial ecosystem.
Led by Nexus Venture Partners, this Series A funding round enabled Doola to expand its core services and enhance its Business-in-a-Box™ platform, catering to a growing global audience of entrepreneurs.
Nexus Venture Partners also led the $3M seed round, fueling the initial development and launch of Doola’s comprehensive suite of business formation and management solutions.
Y Combinator led the earliest and undisclosed seed round, supporting Doola’s foundational product development and early-stage growth.
A leading global venture capital firm, Nexus Venture Partners played a pivotal role in Doola's growth, leading both the seed and primary Series A rounds. Their investment brought not only capital but also vital strategic guidance as Doola scaled its operations.
As the lead investor in Doola’s most recent Series A funding, HubSpot Ventures provided crucial support to help expand Doola’s global footprint and enhance its offerings for small business owners.
The renowned startup accelerator supported Doola during its formative stages, laying the groundwork for product development and market entry through its early-stage seed investment.
Acting as strategic angels, Alex and Bart's Angel Fund contributed to early-stage investment, fostering innovation and founder-led growth.
Contrarian Thinking Capital joined as a notable investor, recognizing Doola's potential to disrupt business formation and management in the US market.
Greenpoint Capital’s involvement further underscored investor confidence in Doola’s mission to simplify business incorporation and compliance.
Mana Industries supported Doola’s vision to streamline business infrastructure for global founders through venture investment and operational insight.
As an individual investor, Dharmesh Shah (co-founder of HubSpot) added substantial value and credibility to Doola’s fundraising success, leveraging his industry expertise and network.
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