Besolo

Besolo is a financial technology company targeting the growing market of self-employed professionals, often referred to as solopreneurs, freelancers, and independents in the United States. The company was co-founded by Mark Jackson, who serves as CEO, and Jeff Taggart, the CTO. Jackson's background includes leadership roles in marketing and scaling unicorn companies, and the founders each possess over a decade of personal experience as independent workers, which directly informs the company's mission.

The firm operates as a comprehensive platform designed to address the primary administrative and financial hurdles faced by individuals running a business-of-one. Besolo's core offering is a self-employment operating system that consolidates back-office functions into a single, integrated solution. The business functions as a professional employer organization (PEO) for solopreneurs, a structure that allows it to provide members with access to corporate-style benefits. Revenue is generated through a monthly subscription model, priced at $129 per month for the Solo LLC plan.

The platform's services are structured to support solopreneurs whether they operate as an LLC or an S Corp, guiding them on the appropriate entity structure for their goals. Key features include assistance with LLC and S Corp formation, federal and state compliance, and registered agent services. For financial management, Besolo offers integrated accounting with bank and credit card connections via Plaid, automated expense tracking, invoicing with payment processing through Stripe, and time tracking. A significant component is its tax system, which provides quarterly estimated tax calculations and annual filings handled by US-based tax professionals. Crucially, the platform provides access to benefits often unavailable to the self-employed, including a Solo 401(k) for all members. For those structured as an S Corp, it unlocks access to PPO healthcare plans, dental, and life insurance.

In September 2024, Besolo announced it had secured $1.5 million in a pre-seed funding round. The round was co-led by Everywhere Ventures and New Stack, with participation from JFFVentures and Service Provider Capital, to further develop the platform and expand its team. Keywords: solopreneur platform, freelance business management, self-employed benefits, PEO for solopreneurs, independent contractor tools, Solo 401K, S Corp for freelancers, LLC formation service, freelance accounting software, self-employed tax preparation, Mark Jackson, Jeff Taggart, business-of-one, back-office automation, freelance invoicing, compliance for solopreneurs, corporate benefits for freelancers, self-employment operating system, fractional professionals, consultant business tools