# Collective secures $100 million in equity and nondilutive financing

_Published Thursday, October 29, 2026 at 3:05 PM EDT · Capital, AI · Latest · Tier 2 — Notable_

Collective secured $100 million in financing, CEO Hooman Radfar told Axios. The financial services platform uses AI to automate bookkeeping for solo business owners. The financing comprises a $40M Series B and $60M in nondilutive capital from GC's Customer Value Fund.

## Sources

- [Techmeme](https://www.techmeme.com/261029/p33#a261029p33)

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Canonical: https://techandbusiness.org/newswire/ZFytGhV-FeYI8jW_xaalKS
Published: 2026-10-29T19:05:38.686Z
Story chronology: 2026-10-29T15:15:02.000Z
Retrieved: 2026-10-29T22:43:15.733Z
Publisher: Tech & Business (techandbusiness.org)