Collective, founded in 2020, positions itself as the first comprehensive financial solution specifically for solopreneurs. Operating from the United States, the company offers a platform that integrates essential services such as LLC and S Corp formation, payroll, taxes, monthly bookkeeping, and compliance support. This empowers self-employed professionals to concentrate on their core passions rather than administrative burdens.
Targeting the Marketing and AdTech industries, Collective has quickly drawn attention from reputable investors. Its latest funding round, an Early VC investment of $50.00M dated 01 July 2023, saw involvement from notable firms such as Expa, Better Tomorrow Ventures, QED Investors, General Catalyst, Gradient Ventures, Innovius Capital, and The General Partnership.
This strategic move not only boosts their financial standing but also underscores a growing market need for specialized, streamlined solutions for independent professionals.