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Bizee

Can a business formation company become the full-stack financial OS for the 1M+ small businesses it has already incorporated?

Founded2004
HQHouston, Texas, USA
IndustryVertical SaaS / Legal
The story

Founded in 2004 as Incfile, the company built its reputation as a low-cost business formation service helping entrepreneurs incorporate LLCs and corporations. A pivotal free-formation offer launched around 2020 dramatically expanded its customer base. The company rebranded to Bizee in 2023, signaling an ambition to become the ongoing financial and operational OS for small business owners — expanding from one-time formation into recurring services including banking, payments, tax, insurance, and compliance management.

Last 12 months
2023-08
2023-09
Product timeline
2004
Founded in Houston as Incfile, offering affordable LLC and business formation services.· pivot
2020
Launched free LLC formation offer just before the COVID-19 pandemic, providing a lifeline to new businesses.· pivot
2023
Rebranded from Incfile to Bizee, signaling expansion beyond formation into a broader business management platform.· pivot
2023
Launched Bizee Payments, an embedded POS and payment processing dashboard for customers.· banking
2023
Introduced financial planning hub including business banking (via Relay Bank), tax services (Bizee Tax), and insurance (via Coverdash).· banking
The stack
Payments / PSP
Bizee Payments (self-operated)
Banking / BaaS
Relay
Accounting gap: significant