Collective raised $100M to build an AI-native financial operating system for solopreneurs. The company reports ARR growth over 120%, $350M tax savings for members, and expects 70%+ of last quarter’s ARR growth this month.
Key points
Funding: $100M raised.
ARR growth: +120% and tracking 70%+ of last quarter’s ARR growth.
Sources
Microsoft layoffs 27,000 - workforce cut announced
Microsoft layoffs 27,000 – workforce cut announced. Anthropic files S1 ahead of a $2TRN IPO. Instinct rumored $30BN fundraise. Meta taps equity markets for $95BN.
Key points
Microsoft Lays off 27,000
Meta Taps Equity Markets for $95BN
Sources
Collective raises $100M to build AI-native financial OS
Collective raised $100M to build an AI-native financial OS for solo businesses. The OS aims to give each Business-of-One the back office of a larger company.
Key points
Funding: $100M raise
Product: AI-native financial OS for Business-of-One
Sources
Mintive launch with $11M funding announced
Mintive launched, giving each AI agent its own identity and permissions like employees. The company raised $11 million, led by Cowboy VC.
Key points
Launch: every AI agent gets its own identity and permissions.
Funding: raised $11 million, with Cowboy VC leading the round.
Sources
Chapter One Fund III announced as new fund
Chapter One announces Fund III, the latest venture fund named like a book. The fund’s name is phrased as a question: “What if it all works?”
Key points
Fund III announced by Chapter One.
Fund name presented as a question: “What if it all works?”