# Open Collective

**Source:** https://www.startuphub.ai/startups/open-collective
**Profile type:** Startup

> A platform enabling communities to raise, manage, and spend money with full financial transparency.

## About

Open Collective provides the infrastructure for collaborative money management, enabling organizations, groups, and communities to raise, manage, and disburse funds with full transparency. They offer solutions for both legally incorporated entities and unincorporated collectives, acting as a trusted home for their money and providing access to professional accounting and legal advisors. Through various fiscal host entities like Open Source Collective and Open Collective Europe, they support a global network of over 10,000 collectives.

## Key facts

- **Slug:** open-collective
- **Website:** https://opencollective.com
- **Location:** San Francisco, United States
- **Founded:** 2015-01-01
- **Employees:** 20
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Fintech, SaaS, Non-profit
- **Social:**
  - LinkedIn: https://linkedin.com/company/opencollective
  - Twitter: https://x.com/opencollect
  - GitHub: https://github.com/opencollective
  - Facebook: https://facebook.com/opencollect

## Frequently asked

### What does Open Collective do?

Open Collective provides the infrastructure for collaborative money management, enabling organizations, groups, and communities to raise, manage, and disburse funds with full transparency. They offer solutions for both legally incorporated entities and unincorporated collectives, acting as a trusted home for their money and providing access to professional accounting and legal advisors. Through various fiscal host entities like Open Source Collective and Open Collective Europe, they support a gl…

### What is Open Collective's revenue?

StartupHub estimates Open Collective's annual revenue at $5.9M (range $4.9M to $6.8M, 63% confidence), based on comparable companies in the sector.

### What is Open Collective's valuation?

StartupHub estimates Open Collective's effective valuation at $10.8M (range $2.9M to $16.6M, 42% confidence), based on comparable companies in the sector.

### How much funding has Open Collective raised?

Open Collective has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is Open Collective headquartered?

Open Collective is headquartered in San Francisco, United States.

### When was Open Collective founded?

Open Collective was founded in 2015.

### What industry does Open Collective operate in?

Open Collective operates in Fintech, SaaS, Non-profit.

### How many employees does Open Collective have?

Open Collective has approximately 20 people on record.

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