Collective raises $100M, including a $40M Series B, led by General Catalyst, to enhance AI-driven tax and payroll solutions for solo businesses.
Amount Raised
$100 Million
Round Type
Series B
TorontoOtherFinancial ServicesReal EstateLendingMiningInvestors
Description
Collective has secured $100 million in funding, including a $40M Series B and $60M from General Catalyst's Customer Value Fund. This capital will be used to accelerate product development in banking and insurance. The funding aims to help solo entrepreneurs streamline their business operations. Collective serves almost 30 million nonemployer businesses in the US.
Quick answer
Collective raised $100 Million in a Series B round, dated October 29, 2026. Investors: Intuit Ventures, Gradient Ventures, QED Investors, FT Partners, SemperVirens and General Catalyst. Collective is based in Toronto, Ontario, Canada.
- How much did Collective raise?
- Collective raised $100 Million in a Series B round on October 29, 2026.
- Who invested in Collective?
- Intuit Ventures, Gradient Ventures, QED Investors, FT Partners, SemperVirens and General Catalyst are named as investors in this round.
- What does Collective do?
- A material change report in connection with the participation of Insiders in the Offering will be filed less than 21 days in advance of the closing of the Offering, which the Company deemed reasonable in the..
- Where is Collective based and how big is it?
- Collective is based in Toronto, Ontario, Canada. Fundz records about 95 employees.
- Who are the decision-makers at Collective?
- Fundz holds 2 contacts at Collective, including the General Manager. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Real Estate around the same time
Companies in the same sectors as Collective that raised within 45 days of this round, from Fundz verified event records.
- Barings raised $100M (Debt Financing) on October 27, 2026.
- Agador Spartacus Development raised $59M on October 19, 2026.
- CarbonAI raised $12M on October 15, 2026.
- NZCR Group raised $203M (Debt Financing) on September 29, 2026.
- Dynex Capital raised $120M (Post-IPO Equity) on September 25, 2026.
- Dynex Capital raised $4.8M (Series C) on September 25, 2026.
Who to call at Collective, and when
A new round usually means Collective is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Collective raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Collective, from your own LinkedIn network
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Funding Insights
What this usually meansCollective raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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