# Bizee alternative for startups: An honest comparison Michel Myara, Co-founder & Product Designer · Last updated June 22nd 2026 Canonical: https://looch.money/compare/bizee --- Bizee (formerly Incfile) is one of the best known business formation services in the US. If you are forming an LLC or a corporation, it will come up early in your search. But formation is only the first step. What you do after the company exists, getting an EIN, opening accounts, raising money, getting paid, is where the comparison really matters. This post maps Bizee against looch Start honestly, including the places where Bizee is the better pick. Both are real options for forming a company. They are built for different founders. looch is a financial technology company, not a bank. Account services are provided in partnership with Stripe, with funds held at Fifth Third Bank N.A., Member FDIC (source: looch.money). Bizee is a formation and registered agent service, not a bank and not a financial accounts provider. --- ## What Bizee is (and what it is not) ### Where Bizee is strong Bizee has the longest track record in this comparison. It was founded in 2004 (as Incfile) and states it has helped form more than 1 million businesses across the US (source: bizee.com). That is real volume and real institutional experience. If you value a vendor that has filed in every state thousands of times, Bizee has earned that credibility. Its free first-year offer is genuinely competitive. Bizee's entry Silver plan is advertised at $0 plus the state filing fee, and every Bizee package includes one year of registered agent service at no additional cost (source: bizee.com). For a founder who only needs a bare-bones filing and a free first year of registered agent, that entry price is hard to beat. Bizee also offers lifetime company alerts. It tracks upcoming filing deadlines for annual reports and business licenses and notifies you, for the life of the company, at no charge (source: bizee.com). That ongoing compliance reminder has real value over years. Its breadth of add-on services is wide. Bizee sells EIN acquisition, operating agreement templates, a business contract library, domain names, business email, business phone numbers, and more (source: zenbusiness.com review of Bizee). If you want a single vendor to bolt on many small business services à la carte, that catalog is deep. It also has a large body of public reviews. Bizee cites tens of thousands of reviews with a strong overall rating (source: bizee.com, Trustpilot). Social proof at that scale is something a newer product cannot match. ### Where Bizee has gaps Bizee's headline price is not the all-in price. The Silver tier is $0 plus the state fee, but the EIN is a paid add-on there, expedited filing is a paid upgrade, and the state filing fee always sits on top (source: bizee.com). Moving up to the Gold package to get the EIN included is $199 plus the state fee, and Platinum is $299 plus the state fee (source: bizee.com). looch's own comparison puts a comparable Bizee package at about $441 once the state fee and add-ons are included (source: looch.money/start), so a package that looks like $0 or like a low package price can land much higher at checkout. Registered agent renewal is where Bizee gets more expensive over time. After the free first year, Bizee's registered agent service renews at $149 per year (source: bizee.com). looch's published comparison cites $119 per year for this renewal (source: looch.money/start); bizee.com currently states $149 per year, so use the higher number from the primary source when you budget. Bizee is a formation company, not a financial platform. It does not open business bank accounts, it does not issue cards, and it does not run your books. After Bizee files your company, you still go find a bank, apply separately, and stitch the rest together yourself. Bizee is not built for non-US founder workflows. It can obtain an EIN by the SS-4 mail or fax process the IRS uses for applicants without an SSN, which works but takes longer than the same-day online EIN (source: bizee.com). However, it does not specialize in non-resident questions, does not handle Form 5472 compliance, and offers no banking introductions (source: third-party non-resident formation reviews). Foreign founders often have to pair it with other vendors. --- ## The gap Bizee does not fill: Formation to banking in one flow Forming the entity, getting the EIN, opening accounts, and issuing cards are four separate steps. With a formation-only service like Bizee, you do the first one with them and then assemble the rest across other providers. looch Start closes those steps into a single app. ### What looch Start includes [looch Start](/start) forms your entity and hands you a financially operational company. Entity options are a VC-ready Delaware C corp, Delaware LLC, Wyoming LLC, and Florida LLC. The all-in price is $249, and that includes the state filing fee (source: looch.money/start). No tiered upsell to reach the real price. Filing takes one business day with the state (source: looch.money/start). The EIN is obtained at formation at no additional cost. If you do not have an SSN or ITIN, looch still gets your EIN. That path takes approximately four days and delivers the IRS CP-575 (source: looch.money/start). Registered agent and virtual office are included for the first year and renew at $49 per year, with additional states at $49 per year (source: looch.money/start). That is a lower recurring renewal than Bizee's $149 per year (source: bizee.com). Formation includes the documents a VC will ask for: a stock purchase agreement, an IP assignment agreement, and a Section 83(b) election draft. Single-member LLCs get an operating agreement included. You can also make an S corp election any time at no cost in the app (source: looch.money/start). If you are forming to raise money, see [why founders pick a Delaware C corporation](/blog/delaware-c-corporation). On privacy, Delaware and Wyoming keep your name off public records. Florida makes the manager name public (source: looch.money/start). Choose the state with that in mind. ### What opens up after formation Once your entity is formed, you onboard into looch financial accounts in the same app. These are no-fee accounts, with funds held at Fifth Third Bank N.A., Member FDIC (source: looch.money). looch itself and its technology partners are not FDIC-insured institutions. From there you get Smartcards, payment acceptance, and real-time accounting that runs in the background. The point is that the company and the financial stack are built together, in one mobile-first app, rather than across a formation vendor and a separate bank application. Bizee stops at the filing. --- ## looch Start vs Bizee: A side-by-side comparison | Feature | looch Start | Bizee | |---|---|---| | All-in formation price | $249, state filing fee included (source: looch.money/start) | Silver advertised at $0 plus state fee; total climbs with add-ons, around $441 for a comparable package (source: looch.money/start) | | Entity types | VC-ready Delaware C corp, Delaware LLC, Wyoming LLC, Florida LLC | LLC and corporation formation across all 50 states (source: bizee.com) | | State filing fee | Included in $249 (source: looch.money/start) | Added on top of package price (source: bizee.com) | | EIN without SSN/ITIN | Yes, gets your EIN even without SSN/ITIN, approximately 4 days, delivers IRS CP-575 (source: looch.money/start) | EIN is a paid add-on on Silver and included from the Gold package up; obtained via SS-4 mail/fax without an SSN; not specialized in non-resident workflows (source: bizee.com) | | Filing speed | 1 business day (source: looch.money/start) | Standard processing runs weeks and varies by state; next-business-day expedited filing is on the Platinum tier (source: bizee.com) | | Registered agent (first year) | Included | Included free on every package (source: bizee.com) | | Registered agent renewal | $49/year, additional states $49/year (source: looch.money/start) | $149/year (source: bizee.com) | | Virtual office | Yes, business address and mail scanning, included in formation (source: looch.money/start) | Not offered as a bundled virtual office; registered agent address only (source: bizee.com) | | VC-ready docs | Yes: stock purchase agreement, IP assignment, Section 83(b) draft; LLC operating agreement included | Operating agreement included from the Gold package; no VC financing package (source: bizee.com) | | S corp election | Any time at no cost in-app (source: looch.money/start) | Form 2553 preparation included on Platinum; otherwise a paid service (source: bizee.com) | | Privacy | DE and WY keep your name off public records; FL makes manager name public (source: looch.money/start) | Depends on state; registered agent shields your address | | Lifetime compliance alerts | Not the stated model; managed in-app | Yes, free lifetime company alerts (source: bizee.com) | | Track record | Newer formation-to-banking product | Founded 2004, more than 1 million businesses formed (source: bizee.com) | | Mobile app | Yes, mobile-first, app setup in under 60 seconds (source: looch.money/start) | Web dashboard; no comparable mobile-first formation app (source: bizee.com) | | Financial accounts after formation | Yes, no-fee accounts, Smartcards, payments, real-time accounting in the same app | Not offered; formation and registered agent only | Some rows in this table favor Bizee. Its track record, its free first-year registered agent on the Silver tier, its lifetime compliance alerts, and its breadth of add-ons are genuine advantages. The table does not hide that. --- ## Who should use Bizee Bizee is the right call if: - You want the longest track record in formation, with more than a million companies filed since 2004 - You only need a barebones filing and the free first-year registered agent on the Silver tier, and you are comfortable adding services à la carte later - You value free lifetime compliance alerts for annual reports and license deadlines - You want a wide catalog of add-ons (domains, business email, phone, contract library) from one vendor - You do not need bank accounts, cards, or accounting bundled in, and you are happy to set those up separately If formation is all you need today and you want a battle-tested filer, Bizee is a legitimate, well-reviewed choice. This post is not arguing otherwise. --- ## Who should use looch Start looch Start is the right call if: - You want one transparent all-in price ($249 including the state filing fee) instead of a low headline number that grows with upsells (source: looch.money/start) - You want a lower registered agent renewal over the life of the company ($49/year with looch versus $149/year with Bizee) (source: looch.money/start, bizee.com) - You are a foreign founder who needs an EIN without an SSN or ITIN, with the IRS CP-575 delivered, handled as a first-class workflow rather than a slower edge case - You are forming to raise money and want VC-ready docs (stock purchase agreement, IP assignment, 83(b) draft) included - You want the company and your financial accounts, Smartcards, payments, and real-time accounting built together in one mobile-first app - You want fast filing in one business day (source: looch.money/start) The core difference is scope. Bizee forms the company. looch Start forms the company and then opens the financial stack in the same flow. --- ## The honest decision framework Four questions that clarify the decision quickly. **1. Do you need only a filing, or the financial stack too?** Only a filing: Bizee's free first-year tier is hard to beat on entry price. The company and the accounts together: looch Start covers both in one app. **2. What does the company actually cost over three years?** Add the package, the add-ons, and three years of registered agent renewal. Bizee's headline price is low but renewal and extras add up, to roughly $441 for a comparable package (source: looch.money/start) plus $149 a year in registered agent renewal after the free first year (source: bizee.com). looch Start is $249 all-in and renews at $49/year (source: looch.money/start). **3. Are you a founder without an SSN or ITIN?** looch gets your EIN without an SSN or ITIN as a standard workflow, approximately four days, with the CP-575 delivered. Bizee can obtain an EIN by SS-4 but is not built around non-resident founders. **4. Are you forming to raise money?** looch Start includes the VC-ready package and forms a VC-ready Delaware C corp. Bizee offers operating agreement templates but not a financing-ready document set. --- ## Bottom line Bizee is a proven, well-reviewed formation service with a long track record, a strong free first-year offer, and lifetime compliance alerts. looch Start is the better choice when you want one transparent all-in price, a lower registered agent renewal, an EIN without an SSN, VC-ready docs, and a path straight from formation into no-fee financial accounts, all in one mobile-first app. --- Ready to form the company and open your accounts in one place? [looch Start](/start) forms your entity, gets your EIN even without an SSN, and onboards you into your financial accounts, for $249 all-in including the state filing fee (source: looch.money/start). Compare the full cost on the [looch pricing page](/pricing).