MyCompanyWorks, Inc.

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MyCompanyWorks, Inc. - overview

Established

2001

Location

Las Vegas, NV, US

Primary Industry

Business Support Services

About

MyCompanyWorks, Inc. provides online LLC formation and incorporation services, offering solutions that simplify the business setup process for entrepreneurs and small business owners across the United States. MyCompanyWorks, Inc. specializes in facilitating business formation and compliance management.


Founded in 2001 in Las Vegas, US, the company has evolved to meet the needs of entrepreneurs. The founders include Michael Lauren and Omid Naji, with Casey Jones currently serving as CEO. In October 2021, the company was acquired by Registered Agent Solutions, Inc. , a move aimed at expanding its reach into new markets.


Specific global offices are not mentioned, but the company operates primarily within the US. MyCompanyWorks specializes in online LLC formation and incorporation services, providing an array of solutions tailored to streamline the business setup process for entrepreneurs and small business owners. Their primary offerings include a user-friendly interactive wizard that guides clients through the personalized creation of their business entities, along with comprehensive management tools accessible via a dedicated dashboard. Customers can expect to have their filed documents scanned and uploaded, facilitating easy access and record-keeping.


The company serves a diverse clientele, including new business owners across the United States, with products designed to simplify compliance tasks and ensure timely reminders for important filings like Annual Reports. Their services are specifically marketed to domestic entrepreneurs looking to establish or manage a business efficiently, with real-time support provided by a fully US-based team. MyCompanyWorks generates revenue through its suite of services aimed at business formation and compliance management. The company's transaction structure primarily involves direct-to-consumer interactions, where clients pay for services such as LLC formation, registered agent services, and annual report management.


Customers can engage with the platform through various pricing plans tailored to their needs, which include one-time fees for formation services and subscriptions for ongoing compliance management. Flagship services encompass the formation of corporations and LLCs, as well as premium offerings such as enhanced registered agent services. The clear structure of their service offerings facilitates straightforward transactions, ensuring clients receive the necessary support to navigate the complexities of business formation and management seamlessly. In October 2021, MyCompanyWorks, Inc.


was acquired, which is expected to facilitate further expansion into other markets and enhance the capabilities available to its clients. This strategic acquisition will support the company’s growth initiatives as it seeks to introduce new products and services tailored to the evolving needs of business owners. The company plans to leverage this opportunity to penetrate additional geographic regions and enhance their existing service offerings, though specific markets and timelines for these expansions are not disclosed.


Current Investors

Lexitas, Registered Agent Solutions, Inc.

Primary Industry

Business Support Services

Sub Industries

Corporate Law

Website

www.mycompanyworks.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MyCompanyWorks, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMyCompanyWorks, Inc.-

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