Collective Raises $100M in Funding

Collective, based in San Francisco, announced a $100 million fundraising round to expand its AI-native financial operating system designed for solo business owners. The financing consists of a $40 million Series B round and a $60 million growth facility.

Investors

The Series B round was led by General Catalyst, QED Investors, and Gradient Ventures. Additional participating investors include Intuit Ventures, FT Partners, and SemperVirens.

Collective Use of Funds

Collective plans to use the new capital to accelerate the development of its agentic financial platform, specifically expanding its services in banking and insurance, and to fuel customer acquisition.

About Collective

Founded to serve the growing market of solopreneurs, Collective provides a self-driving financial operating system that automates accounting, bookkeeping, payroll, and tax preparation. By utilizing AI to handle back-office workflows, the company aims to provide independent business owners with enterprise-grade financial capabilities.

Funding Details

Company Website: https://collective.com

Company: Collective
Raised: $100M
Round: Series B
Funding Date: October 29, 2026
Lead Investor: General Catalyst, QED Investors, Gradient Ventures
Additional Investors: Intuit Ventures, FT Partners, SemperVirens
Company Website: https://www.collective.com/
Software Category: Fintech
Source: https://www.collective.com/blog/collective-raises-100m