Collective funding: rounds and investors

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Collective funding: rounds and investors

Collective, based in San Francisco, has raised US$78.65m in three announced funding rounds since September 2020. Its round of US$50m in July 2023 was co-led by Gradient Ventures, Innovius Capital, The General Partnership, General Catalyst, QED, Expa and Better Tomorrow Ventures, with Sound participating.

Funding over timeCumulative US$ raised across announced rounds; each tick on the axis is a round

The latest round, the US$50m round in July 2023, is also the largest: 64% of the US$78.65m raised across its announced rounds. Rounds have come a median of 17 months apart.

Total raisedRound
Show the figures
RoundAnnouncedAmountTotal after it
SeedSeptember 2020US$8.65mUS$8.65m
Series AMay 2021US$20mUS$28.65m
RoundJuly 2023US$50mUS$78.65m

Collective funding roundsNewest first

  • Jul 2023
    RoundLed by Gradient Ventures, Innovius Capital, The General Partnership, General Catalyst, QED, Expa and Better Tomorrow Ventures, with Sound.
    US$50m
  • May 2021
    Series ALed by General Catalyst, with Expa, QED, Gradient and Sound Ventures.
    US$20m
  • Sep 2020
    SeedLed by General Catalyst and QED Investors, with Gradient Ventures and Expa.
    US$8.65m

Collective investors

General Catalyst
Round, July 2023 (lead); Series A, May 2021 (lead); Seed, September 2020 (lead)
Expa
Round, July 2023 (lead); Series A, May 2021; Seed, September 2020
Gradient Ventures
Round, July 2023 (lead); Seed, September 2020
QED
Round, July 2023 (lead); Series A, May 2021
Better Tomorrow Ventures
Round, July 2023 (lead)
Innovius Capital
Round, July 2023 (lead)
QED Investors
Seed, September 2020 (lead)
The General Partnership
Round, July 2023 (lead)
Gradient
Series A, May 2021
Sound
Round, July 2023
Sound Ventures
Series A, May 2021

Collective funding: common questions

How much has Collective raised?+

Collective has raised US$78.65m across three announced funding rounds since September 2020. The latest was a US$50m round in July 2023.

Who invested in Collective?+

Gradient Ventures, Innovius Capital, The General Partnership, General Catalyst, QED, Expa and Better Tomorrow Ventures led the round in July 2023, with Sound participating. General Catalyst led the Series A in May 2021, with Expa, QED, Gradient and Sound Ventures participating. General Catalyst and QED Investors led the seed round in September 2020, with Gradient Ventures and Expa participating.

What was Collective's largest funding round?+

Collective's largest announced round was the US$50m round in July 2023.

When did Collective last raise money?+

Collective's most recent round was a US$50m round announced in July 2023, led by Gradient Ventures, Innovius Capital, The General Partnership, General Catalyst, QED, Expa and Better Tomorrow Ventures.

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Part of Accountio’s accounting technology funding tracker.