doola is a business formation and compliance service founded in 2020 that helps entrepreneurs, particularly non-US residents, establish and manage Limited Liability Companies (LLCs) and other business entities in the US. The company offers a streamlined process for LLC formation, allowing founders to register a business remotely from any country without requiring a US Social Security Number. doola's services include company registration, obtaining an Employer Identification Number (EIN), registered agent service, and assistance with opening a US bank account. The platform also provides ongoing compliance support, including state and federal tax filings, annual report submissions, and bookkeeping tools. doola's technology allows users to form an LLC in any of the 50 US states, with popular options including Delaware and Wyoming. The company emphasizes user-friendly interfaces and personalized support, with features such as dedicated account managers for certain plans. As of August 2024, doola reported serving over 10,000 founders across 175 countries on six continents.
Key customers and partnerships
doola primarily caters to international entrepreneurs and startups looking to establish a presence in the US market. The company has partnered with Piermont Bank to provide banking services for its customers. doola also collaborates with Mercury, a partner bank, to assist clients in opening business accounts. doola's customer base spans various industries, including ecommerce businesses, decentralized autonomous organizations (DAOs), and traditional startups seeking to tap into the US market.
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