doola Raises $8M in Funding

doola

doola, a New York-based company focused on enabling entrepreneurs to form their companies, raised $8M in funding.

The round was led by Nexus Venture Partners with participation from the Y Combinator Continuity Fund.

The company intends to use the funds to continue expanding globally.

Led by CEO Arjun Mahadevan, doola allows global entrepreneurs to form their companies in the US. The company helps customers incorporate, access US payment systems, and stay legal year after year through continued support, business basics, and a global-first mindset. In addition, doola Banking enables entrepreneurs around the globe to open a business bank account in the US.

The company is headquartered in New York City with an office in Hamburg, Germany.

FinSMEs

08/11/2022