Collective raises $100M for solo-business finance services

Image: Primary

Published Thursday, October 29, 2026 · 7:09 PM EDT

Collective has raised $100M to expand its financial services for one-person businesses, comprising a $40M Series B and $60M from General Catalyst's Customer Value Fund. General Catalyst, QED Investors and Gradient Ventures led the Series B. The Customer Value Fund finances customer acquisition and receives repayment from revenue those customers generate. Collective combines company formation, bookkeeping, invoicing, payroll and tax filing, and says AI answers half of support requests without a human. The new money will fund marketing and new banking and insurance products. Collective did not disclose its revenue or customer count.

Sources

The Next Web

Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

AI Infrastructure

Banks outline $63 billion financing plan for Anthropic compute

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo. The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027.

AI Capital

FuriosaAI raises $620m to expand inference chip production

FuriosaAI announced a $620m Series D round valuing the Seoul-based AI chipmaker at about $2.9bn. South Korea's National Growth Fund invested $280m, the largest contribution.

Robotics Infrastructure

Symbotic says Walmart commits additional $6B to distribution automation

Symbotic said Walmart has committed an additional $6B over several years to deploy its supply-chain automation technology across the retailer's distribution network.

Capital AI

Serval raises $150m at $3bn valuation for employee support agents

Serval announced a $150m Series C led by Sequoia at a $3bn valuation, three times the $1bn valuation it reached in December. The employee support automation company has now raised $277m in total.

Capital Robotics

Opentrons raises $40 million to expand laboratory automation

Opentrons Labworks announced $40 million in Series E funding to scale its robotics, software and data infrastructure tools. Healthcare investor Avego led the round alongside BroadOak Capital Partners, SiliconANGLE reported.

Capital AI

SuperMe announces $20 million financing for AI expert profiles

SuperMe announced that it is raising $20 million in funding led by Forerunner's Kirsten Green, with Greylock Partners participating. The startup plans to expand a network that answers users' questions through AI profiles built from real experts' knowledge.