# Collective

> Collective is a U.S. financial back-office platform for self-employed business owners. It combines entity formation, bookkeeping, invoicing, tax support and, on its S Corp plan, payroll and business tax returns. Software, financial specialists and embedded partners deliver the service through recurring subscriptions.

- **Founded:** 2020
- **Headquarters:** San Francisco, United States
- **Founders:** Hooman Radfar (Co-founder and CEO), Ugur Kaner (Co-founder; director listed in June 2025 SEC filing), Bugra Han Akcay (Co-founder; director listed in June 2025 SEC filing)
- **Products:** LLC plan, S Corp plan, Collective Accounting, Insurance Center
- **Notable:** Launched publicly in September 2020., Company reported nationwide availability and nearly 10x revenue growth since its 2021 Series A in July 2023., Launched Collective Accounting in March 2024.

## Products & services

- **LLC plan** — $199/month at the listed monthly rate: formation or entity review, automated bookkeeping, invoicing, monthly reports, quarterly estimates, an AI assistant and basic individual tax returns.
- **S Corp plan** — $349/month at the listed monthly rate: LLC plan capabilities plus S election, business return, employer registration, salary support, employee and contractor payroll and a dedicated account manager; individual tax returns cost extra.
- **Collective Accounting** — Integrated expense tracking, financial reports, invoicing and ACH/card payment collection, with AI supporting bookkeeping specialists.
- **Insurance Center** — Embedded access to business coverage through Coverdash and health coverage through Solo Health. Premiums and coverage terms are separate from the platform subscription.

## Achievements

- Launched publicly in September 2020.
- Company reported nationwide availability and nearly 10x revenue growth since its 2021 Series A in July 2023.
- Launched Collective Accounting in March 2024.
- Acquired Open Ledger in April 2026.
- Current about page reports 10,000+ members and $6.5 billion in reconciled transactions.

## Latest updates

- **2026-09** — Gusto published a case study of Collective’s May payroll onboarding redesign, reporting roughly 80% fewer setup support tickets.
- **2026-07** — Launched Insurance Center with Coverdash and Solo Health.
- **2026-04** — Acquired AI-native accounting infrastructure startup Open Ledger; acquisition price was not disclosed in the company announcement.

## Links

- Website: https://www.collective.com/
- LinkedIn: https://www.linkedin.com/company/collective
- Twitter/X: https://twitter.com/CollectiveFin
- Instagram: https://www.instagram.com/collective
- Facebook: https://www.facebook.com/collectivedotcom

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Profile page: https://yespress.io/collective
Published by YesPress — https://yespress.io
Last updated: 2026-10-24