Collective is a fintech company founded in 2018, headquartered in San Francisco. It provides an all-in-one financial platform designed to support businesses-of-one, including freelancers, solopreneurs, and independent business owners. The platform specifically targets self-employed entrepreneurs earning over $100,000 annually, serving more than 12,000 members.
The company's core offering is a comprehensive back-office solution that bundles several key services: company formation for LLC and S-Corp election, automated bookkeeping, payroll management, and tax preparation. Its technology stack includes an AI-powered integrated accounting suite, acquired through Open Ledger, which is described as the first such suite built specifically for single-owner businesses.
Collective operates within the fintech and self-employed economy sectors. Its technical focus areas include AI-powered accounting, automated bookkeeping, and payroll management, all integrated into a single platform to streamline the operational and financial tasks faced by independent professionals.
