# Open Collective: Nonprofit organization management, Walnut, United States

> Open Collective: Open Collective is an open-source crowdfunding and financial management platform founded in 2015. Based in Walnut, United States. Founded 2015.

Source: https://millionrounds.com/startup/open-collective-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Nonprofit organization management startup](https://millionrounds.com/companies)

# Open Collective

Open Collective is an open-source crowdfunding and financial management platform founded in 2015.

Funding reported Last round: Seed

Nonprofit organization management Walnut, United States

Company summary

- **Founded:** 2015 11 years old
- **Team:** 22 11 to 50 people
- **Funding reported:** $2.0M in dollars
- **Last round:** Seed Jun 2017

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Open Collective has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Open Collective

Open Collective is an open-source crowdfunding and financial management platform founded in 2015.

It enables grassroots groups, open-source projects, and nonprofits to raise, manage, and disburse funds transparently without needing to establish a separate legal entity. The platform offers tools for fundraising, fiscal hosting, budget management, expense reimbursement, grant management, and event ticket sales, fostering trust within communities around financial activities. The primary service, fiscal hosting, allows communities to collect and spend money under the legal status of a "Fiscal Host," simplifying financial coordination. Open Collective supports over 7,000 groups, including open-source communities, mutual aid organizations, climate activism movements, and cooperatives, facilitating approximately $35 million in annual transactions. The company is governed by the Open Finance Consortium, which manages the classic platform, while a web3 platform is set to launch in 2025. Open Collective has approximately 17 employees and has been profitable since 2020.

## What company datasets say Open Collective raised

Funding, as reported

Reported in all **$2.0M** in dollars

Last round **Seed**

Last round size **$2.0M**

Last round date **Jun 2017**

## On a portfolio page

Investors who name them

- [Notation Capital](https://millionrounds.com/fund/notation-capital)

Each firm lists Open Collective on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

consumers community development donor engagement online fundraising open source finance information technology & services financial services donation management finance nonprofit support activist organization support information technology environmental movement funding environmental services fund-raising sustainability

Built with from their website

Plaid Google Maps Heroku WordPress.org Paypal MailChimp Google Workspace CloudFlare Viewport Meta Emotion

+8 more

Lucide webpack C3.js Amazon S3 Google Meet CloudFlare CDN React Cloudflare Insights

- **Sector:** Nonprofit organization management
- **Industry code:** NAICS 81331, 513210, 522320, SIC 7389
- **Region:** California
- **Revenue:** $1.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/home-services-sg)

## Nonprofit organization management in United States

Startups like it

- [**Edovo** Chicago · founded 2013 *Raised*](https://millionrounds.com/company/edovo)
- [**Code2040** San Francisco · founded 2012 *Raised*](https://millionrounds.com/company/code2040)
- [**SaverLife** San Francisco · founded 2001 *Raised*](https://millionrounds.com/company/saverlife)
- [**Fintech & Friends Charity Fantasy Football League** San Francisco · founded 2023](https://millionrounds.com/startup/fintech-friends-charity-fantasy-football-league)
- [**International NGO Safety & Security Association (INSSA)** Silver Spring · founded 2010](https://millionrounds.com/startup/international-ngo-safety-security-association-inssa)
- [**Snap! Mobile, Inc.** Seattle · founded 2014](https://millionrounds.com/startup/snap-mobile-inc)
- [**Research Triangle Park** Durham · founded 1959](https://millionrounds.com/startup/research-triangle-park)
- [**Melanoma Research Alliance** Washington · founded 2007](https://millionrounds.com/startup/melanoma-research-alliance)

## Is this your company?

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