VC Fund Investments
Co formation enabler StartPack rebrands as doola, raises $3-M from Nexus, others
New York City-headquartered StartPack has rebranded to doola, and has raised USD 3 million. The funding round was led by Nexus Venture Partners with participation from YCombinator, Hustle Fund, XX, Psion Capital, Translink Investment, and other angels, including Jacqueline Reses, Dharmesh Shah, Ankur Nagpal, Rohini Pandhi, Arjun Sethi, and Prasanna Sankar. The funds will be used to scale the team and further invest in product and engineering. doola helps global entrepreneurs form US LLCs by supporting them through the incorporation process so they can collect payments, build credibility and stay legal. doola provides company formation, an EIN, a US address and bank account, access to US payments, tax consultations, US tax support, a phone number and USD 50,000 in startup perks.
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