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Doola raises $8 million in funding from Nexus Venture Partners

The funding round was led by Nexus Venture Partners with participation from the Y Combinator Continuity Fund, among others

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The fundraise comes right after a profitable year and the launch of doola Banking

Aryaman Gupta New Delhi
Doola, a firm that aids global founders to start companies in the US, has raised $8 million in funding to expand its fintech suite and democratize access to the US financial ecosystem.

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

“Doola is not just a formation service- we’re a fintech company. By providing adjacent financial tools designed to help emerging companies grow more efficiently, doola is the fuel these businesses need. Growing doola’s team will allow us to launch new products and iterate on existing products,” said Arjun Mahadevan,