Collective Raises $20M in Series A Funding


Collective, a San Francisco, CA-based all-in-one back office platform, for self-employed people, raised $20m in Series A funding.

The round, which brings total funding to $28.65m, was led by General Catalyst with participation from Ashton Kutcher, via Sound Ventures, and Steve Chen, Hamish McKenzie, Aaron Levie, Kevin Lin, Sam Yam, Shadiah Sigala, Adrian Aoun, Holly Liu, Andrew Dudum (founder Hims) and Edward Hartman (founder LegalZoom). 

The company intends to use the funds to scale the business and build out the team.

Launched in September 2020 by CEO Hooman Radfar, CPO Ugur Kaner and CTO Bugra Akcay, Collective provides an online back office platform designed for businesses-of-one. The technology and team of advisors take care of everything from business incorporation to accounting, bookkeeping, tax services and access to a community in the same platform.