StartPack, a New York-based startup that assists entrepreneurs in establishing themselves in the United States, has relaunched as doola and raised $3 million in a seed round sponsored by Nexus Venture Partners.

Y Combinator, as well as Hustle Fund, Psion Capital, Translink Investment, and a slew of angel investors from Silicon Valley, took part in the financing. The funds will be utilized to expand the workforce and make more product and engineering investments.

Doola, founded by Arjun Mahadevan and JP Pincheira in 2020, assists consumers in forming limited liability companies (LLCs) in the United States.

A limited liability company is a corporate structure in the United States that safeguards its owners from personal accountability for the firm's debts or liabilities. They are hybrid entities with characteristics of both a corporation and a partnership or sole proprietorship.

Doola gives company information, an EIN (employer identification number), a US location and bank account, access to US payments, a free tax consultation, US tax help, a phone number, and $50,000 in starting "perks" to its clients.

Naturally, the bulk of the company's consumers are from outside the United States, with India being the most popular. Doola has a team in Bengaluru that works with local communities and ecosystems to help Indian founders expand their businesses in the United States. The Product Folks, Upekkha, and Remote Indian are among its clients.

“Doola is not just a formation service; we’re a fintech company,” CEO Mahadevan said. “This is our wedge to building the operating system for creators globally—from formation to financial to legal stack. Our work at doola is far from complete; we’re just getting started.”

Creators and entrepreneurs who are focused on creating their brands may lack the resources to manage their businesses, which is where doola comes in, according to Nexus Venture Partners' MD Jishnu Bhattacharjee. “So entrepreneurs can do what they love and are best at, while doola takes care of the rest.”