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Collective raises $100 million through a Series B and growth facility
The SaaS News says Collective automates accounting, bookkeeping, payroll and tax preparation for solo business owners.
TLDR
The SaaS News reports that Collective announced $100 million in financing: a $40 million Series B and a $60 million growth facility. General Catalyst, QED Investors and Gradient Ventures led the Series B. Collective plans to develop its AI-based platform, expand into banking and insurance, and fund customer acquisition.
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