Company Overview
About Firstbase
Firstbase is a business operating platform built specifically for international entrepreneurs and remote-first founders who want to start and run a US company without relocating. The platform handles the full compliance and operations stack — company incorporation, registered agent services, a premium US business address, EIN filing, bookkeeping, cap table management via Carta integration, and banking setup through Mercury — in a unified, self-serve interface. Customers in 198 countries have used Firstbase to form more than 30,000 businesses, and its portfolio has collectively raised over $3B from investors.
Business Model & Competitive Advantage
Headquartered in San Francisco, Firstbase has raised $65M across three funding rounds, including a $50M Series B in March 2022 led by Kleiner Perkins with participation from a16z and Alpaca. The company was founded by Omid Borzu and Chris Herd, and was initially incubated through Y Combinator. Its flagship product, Firstbase Start, lets a founder legally form a Delaware C-Corp or LLC in minutes from any country. The broader Firstbase One suite layers on compliance, accounting, taxes, and registered agent services to keep companies in good standing year-round.
Competitive Landscape 2025–2026
Firstbase occupies a specific niche in the global startup formation market: it competes with traditional registered agents, law firms, and newer online formation services like Stripe Atlas and Clerky, but differentiates through its ongoing compliance management, bookkeeping integrations, and explicit focus on non-US founders navigating US corporate law. As cross-border entrepreneurship grows, Firstbase is positioned as the default infrastructure layer for international founders building US-incorporated startups.
Key Differentiators
Strong Challenger
Firstbase is an established challenger with significant market presence and competitive offerings in Financial Services.
Frequently Asked Questions
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