Updated 10 hours ago
Collective announces $100 million for AI financial-platform plans
The company links new financing to greater automation and a planned expansion to businesses with employees.
Capital for development
The [founder’s announcement](https://www.collective.com/blog/100m‑to‑power‑the‑new‑era‑of‑solo‑business) announces $100 million in new financing to build Collective’s financial platform. It plans more AI work across accounting, taxes, payroll and support, alongside additional services.
Employer access is planned
Serving businesses with employees is described as an expansion goal. The announcement does not establish a new eligibility date or completed launch for that group.
Collective co‑founder Hooman Radfar at Tech Cocktail Sessions DC in June 2013. Archival photograph, not the financing announcement.
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