Fundraising Fox

Firstbase.io

YC W21

New York City, US · Founded 2019 · 50 employees · Hiring · 7 known investors

Firstbase builds an all-in-one business operations platform that automates back office tasks for founders globally, including company incorporation, management, and growth services.

Also known as Firstbase · Firstbase.io, Inc.

Enterprise SoftwareSaaSB2BLegalTechUnited States of AmericaAmerica / CanadaFully Remote

Founders & leadership· Y Combinator alumni (W21)

Firstbase.io was founded in 2019 by Mark Milastsivy.

MMMark Milastsivy
Mark MilastsivyinFounder & CEO2019–2025Mark Milastsivy is founder and CEO of Firstbase.io, based in New York City.

Investors · 7

Company profile

researched Aug 2026

Firstbase.io operates a software platform that handles the formation and ongoing back-office administration of US companies. Its core formation product lets founders register an LLC or C-Corp through an automated workflow, and is complemented by modules for compliance, accounting, tax filing and business mail. The company positions the offering as a single "startup operating system" intended to replace multiple separate vendors and manual paperwork.

The product line includes Firstbase Start (LLC or C-Corp formation), Mailroom (a premium physical US address and virtual mailbox), Agent (registered agent services, franchise tax and annual report filings across states), Accounting (a bookkeeping platform with full-service accrual bookkeeping and accrual-basis financial statements), Tax Filing (state and federal corporate and personal returns for both US-based and international founders), plus Loop, Payroll, Sales Tax and an Incorporation API. Firstbase One bundles the accounting, compliance, virtual address and tax products into one package, marketed with a stated saving of $1,950 versus separate purchases. Post-formation tooling includes equity assignment with one-click cap table creation in Carta and 83(b) filing.

Alongside the paid products, Firstbase offers a rewards and perks marketplace stated to be worth up to $350,000, including a banking marketplace for US bank account approval, waived Stripe processing fees on a customer's first $20,000 in transactions, and up to $6,000 in law firm credits. The company also publishes free founder resources such as a VC database, incorporation checklist, compliance guide, business name check and various generators.

Business model

Firstbase sells company formation and recurring back-office services directly to founders. Individual products (formation, registered agent, mailbox, accounting, payroll, sales tax, tax filing) are sold separately or bundled as Firstbase One, and an Incorporation API is offered for programmatic use. A promotional offer waives the formation fee so customers pay only the state fee.

Product and subscription fees for incorporation, registered agent and compliance filings, virtual address/mailroom, bookkeeping, payroll and tax filing services, with a bundled package (Firstbase One) advertised at a discount to the sum of individual products.

Traction

The company reports more than 30,000 companies started through its platform, customers in 191 countries, and roughly $3 billion in aggregate funding raised by its customers.

Full profile — market position, technology, go-to-market, geography

Market position

Firstbase presents itself as a next-generation business operations platform for founders, citing more than 30,000 companies incorporated and customers spanning 191 countries. Public endorsements on its site come from Carta CEO Henry Ward, Y Combinator partner Jared Friedman, and founders including Tyler Tringas and Danny Olinsky.

Consolidation of formation, registered agent/compliance, mail, bookkeeping and tax filing into one platform rather than eight separate tools; automation of filings for speed and accuracy relative to traditional service providers; support for non-US founders; and human support available globally.

Technology

A web platform that automates the company formation workflow and centralizes back-office operations, with a unified transactions dashboard for accounting, automated compliance reminders and annual report filings, and an Incorporation API. Integrations include Carta for cap table creation and Stripe for payments.

Go-to-market

Self-serve online signup for formation and existing-company onboarding, supported by a promotional offer covering formation fees, 24/7 global human support, partner integrations and perks (banking, payments, legal, equity), founder-oriented content and free tools, and an Incorporation API for partners.

Startup founders and small business owners forming or operating US entities, including international founders outside the United States who need a US company, address, compliance coverage and tax filings.

Geography

Headquartered in the United States and serving founders internationally; the company states it is trusted by founders in 188 countries and that companies incorporated through it represent 191 countries, with registered agent and compliance coverage across US states.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Companies incorporatedJan 202530,000 companies
Countries represented by customersJan 2025191
HeadcountAug 202657
Partner perks value available to customersJan 2025$350K
Total funding raised by customersJan 2025$3B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
LegalZoom.com, Inc.1720 shared keywordsThis is an educational article on the LegalZoom website explaining what a limited liability company (LLC) is, including its types, tax treatment, formation process, and legal considerations. LegalZoom provides online legal services to help small and mid-size businesses register and manage LLCs and other business structures.
Intuit®1463 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Upcounsel1250 shared keywordsUpCounsel offers an online platform for businesses to work with lawyers, providing tools for team messaging, document storage and e-signature, time tracking, and invoicing and payment management for legal engagements. It is aimed at companies managing their legal work and communication with attorneys.
Zenbusiness1109 shared keywordsZenBusiness provides an all-in-one platform combining AI-powered guidance (Velo) with customer support to help entrepreneurs start, protect, and grow their businesses through business formations and compliance services. The platform serves business owners at all stages, from first-time LLC filers to established companies managing bookkeeping and regulatory requirements.
Stripe998 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Tailor Brands831 shared keywordsTailor Brands provides a unified platform combining over 20 business services—including website hosting, legal compliance, and financial tools—for entrepreneurs and small business owners building their first ventures.
Bench716 shared keywordsBench provides catch-up bookkeeping and tax resolution services for small business owners who have fallen behind on their books and back taxes. It prepares tax-ready financials and works with a network of tax resolution partners to help clients settle tax debt and negotiate with the IRS.
Mosey704 shared keywordsMosey is a platform for multi-state business compliance, automating payroll tax registration, Secretary of State filings (foreign qualification, registered agent, annual reports), HR compliance monitoring, and state agency mail handling across all 50 states, DC, and 1,000+ localities. It serves finance, HR, legal, and startup teams managing compliance obligations as their business operates or hires across multiple states.

Companies competing with Firstbase.io for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Firstbase.io do?
Firstbase is an all-in-one platform for incorporating and running a US company, covering compliance, bookkeeping and taxes.
Who founded Firstbase.io?
Firstbase.io was founded by Mark Milastsivy in 2019.
Who are Firstbase.io's investors?
Firstbase.io's investors include Amino Capital, Oyster Ventures, Quest Ventures, StartersHub, Y Combinator, Andreessen Horowitz, Kleiner Perkins.
Where is Firstbase.io headquartered?
Firstbase.io is headquartered in New York City, US.