# Collective Hub

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/collective-hub

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.collective.com
- Total disclosed funding: $76M
- Latest round: Series B (Jul 11, 2023)
- Investors on record: 9

## About

Collective Hub Inc. is a US-based company offering comprehensive financial solutions tailored for self-employed entrepreneurs, focusing on alleviating financial burdens through innovative services.Collective Hub Inc. was founded in 2020 in San Francisco, US. The company specializes in providing financial solutions for self-employed individuals, offering services such as business structuring and tax consultation. The leadership team includes CEO Hooman Radfar. As of July 2023, the firm raised USD 50 mn in SERIES B funding from investors like Better Tomorrow Ventures and General Catalyst Partners, marking a significant milestone in its growth trajectory.Collective Hub Inc. delivers an all-in-one financial solution for self-employed entrepreneurs, encompassing business structuring as an S Corporation, tax savings consultation, bookkeeping, and accounting. The services are designed to ease the financial burdens faced by freelancers and solopreneurs, enabling them to manage their finances effectively while concentrating on their core business operations. Their primary clientele includes self-employed individuals across various industries in the United States, who benefit from the company’s comprehensive financial support.Collective Hub Inc. generates revenue through a subscription-based model, where clients pay for tailored financial services. This includes a one-time annual fee for individual tax return packages prepared by partner TaxFyle, and ongoing support for bookkeeping and tax management. The firm provides self-help tools and resources, facilitating clients' capabilities to manage their business finances without offering legal or financial services directly.In July 2023, Collective Hub Inc. secured USD 50 mn in SERIES B funding aimed at enhancing its product offerings and expanding its market reach. The company plans to implement artificial intelligence across its operations, which aligns with its strategy for future growth. Specific details about upcoming product launches or geographic expansions have yet to be disclosed.

## Funding rounds

- Series B, Jul 11, 2023, $50M — General Catalyst Partners, QED Investors, Sound Ventures, Expa, Gradient Ventures, Innovius Capital, Better Tomorrow Ventures, The General Partnership
- Series A, May 5, 2021, $17M — General Catalyst Partners, Sound Ventures, Gaingels
- Seed, Sep 29, 2020, $8.7M — General Catalyst Partners, QED Investors, Expa, Gradient Ventures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A, Series B
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Seed, Series B
- Expa (https://capitalatlas.ai/funds/expa) — Seed, Series B
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series B
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A, Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Innovius Capital (https://capitalatlas.ai/funds/innovius-capital) — Series B
- Better Tomorrow Ventures (https://capitalatlas.ai/funds/better-tomorrow-ventures) — Series B
- The General Partnership (https://capitalatlas.ai/funds/the-general-partnership) — Series B