About Collective Hub
Collective.com provides financial solutions for self-employed entrepreneurs and small business owners, helping them save money on taxes by organizing their businesses as S Corporations. Members answer questions to determine if this structure is beneficial, and if so, they receive guidance from a Collective Advisor. The company sets up a personalized back office system that includes monthly bookkeeping and payroll services, along with access to a dedicated finance team. Collective.com operates on a membership model with a tax-deductible fee, aiming to simplify financial management for its members.
San Francisco, CaliforniaHeadquarters
2020Year Founded
$76.5MTotal Funding
EARLY_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Stock Options
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Home Office Stipend
Paid Parental Leave
Wellness Program
Risks
Increased competition from AI-powered tools could challenge Collective's market position.
DIY finance platforms may reduce demand for Collective's services.
Economic downturns could decrease the number of self-employed individuals, impacting growth.
Differentiation
Collective offers an all-in-one platform for self-employed entrepreneurs' financial needs.
The company combines human expertise with AI technology for efficient accounting solutions.
Collective's membership model provides predictable revenue and fosters customer loyalty.
Upsides
AI-powered tools enhance Collective's competitive edge in the financial services market.
The rise of remote work increases demand for online back-office platforms like Collective.
The expanding gig economy boosts Collective's potential customer base of self-employed individuals.
Funding
Total raised$76.50 M
Latest valuation$250.00 M
StageEARLY_VC
$9
$43.25 M