Collective is a financial platform catering exclusively to solopreneurs, offering a comprehensive suite of services such as LLC and S Corp formation, payroll, taxes, monthly bookkeeping, and compliance. Founded in 2020 and headquartered in the United States, it aims to alleviate the administrative burden for self-employed individuals. The recent $50.00M Convertible Note investment on 11 July 2023 was secured from prominent investors including Expa, Better Tomorrow Ventures, QED Investors, General Catalyst, Innovius Capital, The General Partnership, and Gradient. Positioned within the Finance, Financial Services, and Fintech industries, Collective endeavors to streamline financial management for independent entrepreneurs, allowing them to prioritize their core business activities.
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