OpenCollective
OpenCollective operates a transparent financial management platform enabling organizations and unincorporated collectives to raise, manage, and disburse funds. Under community ownership via OFiCo, the platform serves 10K+ collectives globally through a network of fiscal hosts and integrated payment processors.
- Company typePrivate
- Founded2015
- HeadquartersWalnut, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What OpenCollective does
OpenCollective, operated by OFi Technologies LLC under the stewardship of the nonprofit Open Finance Consortium Inc. (OFiCo), provides a collaborative financial management platform that enables organizations and unincorporated collectives to raise, manage, and disburse money with full public transparency. The product serves two primary user segments: legally incorporated Organizations (foundations, nonprofits, companies, public sector, co-ops) that use the platform for participatory finances, expense processing, crowdfunding, and acting as fiscal hosts; and Collectives (groups, projects, open source software projects, mutual aid networks) that receive money and pay expenses under the legal umbrella of a fiscal host without forming their own legal entity. Core platform capabilities include a real-time transaction ledger, expense submission and approval workflows, flexible crowdfunding (one-time, recurring, memberships), integrated payouts via Stripe/PayPal/Wise, tax form collection, chart of accounts, a GraphQL API, and public balance visibility across 6M+ recorded transactions and 116K+ paid expenses.
The platform's architecture is delivered as a self-serve web application hosted on Heroku with Cloudflare CDN and Sentry error monitoring, and is governed by OFiCo, a Delaware 501(c)(6) whose members are the fiscal hosts and communities using the platform. A network of five flagship fiscal hosts (Open Source Collective in the US, Open Source Europe in Brussels, Social Change Nest in the UK, Gift Collective in New Zealand, and Raft Foundation in the US) provides regional coverage and domain specialization, collectively hosting 10K+ collectives. In 2024, OFiCo completed an "exit to community" transition, moving stewardship from the prior Open Collective Inc. to member-controlled nonprofit governance.
OpenCollective monetizes through tiered Organization subscriptions (Discover free, Basic $60/month, Pro $320/month with per-collective and per-expense overages launched in March 2026), optional Platform Tips on contributions (with a 5% crowdfunding fee applied to hosts when tips are unavailable), and third-party payment processor fees that are not retained by OFiTech. Host-level take rates (e.g., 8-10% at Open Source Europe) accrue to the fiscal hosts rather than the platform. Scale metrics disclose $40M of money managed, 1M+ contributions, and 41 active Organizations. The team is small (1-10 employees) consistent with a lean, mission-driven operating company under nonprofit ownership, with no venture funding beyond a 2017 seed round of $2,000,000 led by Bloomberg Beta.
OpenCollective firmographics
Firmographics- Name
- OpenCollective
- Legal name
- OFi Technologies LLC
- Website
- https://opencollective.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- OpenCollective operates a transparent financial management platform enabling organizations and unincorporated collectives to raise, manage, and disburse funds. Under community ownership via OFiCo, the platform serves 10K+ collectives globally through a network of fiscal hosts and integrated payment processors.
- Ownership category
- akta.pro rank
OpenCollective industry classification
Industry- Product category
- Fiscal Sponsorship & Collaborative Financial Management Software
- NAICS
- Activities Related to Credit Intermediation (5223), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Prepackaged Software (7372), Finance Services (6199)
- akta.pro primary industry
- Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ)
- akta.pro secondary industries
- Recurring Payments & Variable Recurring Payments (VRP) Enablement (FSAGACAJ), Transaction Analytics & Cash-Flow Insights (risk signals, forecasting) (FSAGACAG)
Keywords
Where OpenCollective is headquartered
LocationHeadquarters
- HQ city
- Walnut
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
OpenCollective business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Organization Subscription Plans: Monthly subscription fees for Organizations (legal entities) using the platform. Plans (Discover, Basic, Pro) are priced based on features and activity volume (number of Active Collectives and Expenses paid). Organizations are billed monthly at end of each billing period.
- Platform Tips: Optional voluntary contributions added by financial contributors when making contributions. Tips support platform operations, development, and maintenance. Collected separately from Collective Funds and remitted to OFiTech by Hosts.
- Crowdfunding Fee: 5% fee charged to Hosts when Platform Tips are not enabled or available for a contribution. Alternative to voluntary tips for hosts preferring traditional pricing.
- Host Fees: Fiscal hosts may charge reasonable fees to collectives in exchange for hosting services. Hosts must disclose fees clearly and conspicuously in advance.
- Payment Processor Fees: Third-party fees charged directly by payment processors (Stripe, PayPal, Wise) for collecting contributions or disbursing expense payments. These fees are charged by the processor and not retained by OFiTech.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Discover - Free base plan with limited activity |
| Subscription | Monthly | Basic - Growing organizations with automated features |
| Subscription | Monthly | Pro - Professional organizations with advanced compliance |
| Transaction based/ take rate | Pay-as-you-go | Open Source Europe Fiscal Host Fees |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels5 records
OpenCollective product offering
Product offeringCore offering
OpenCollective provides a collaborative financial management platform that enables organizations and collectives to raise, manage, and disburse money with full real-time transparency, without needing to form their own legal entity. The platform combines a real-time transaction ledger, expense processing, crowdfunding campaigns, fiscal hosting, and accounting tools into a single integrated system. It serves legally incorporated organizations through tiered subscription plans and unincorporated collectives through a network of nonprofit fiscal hosts, with payment processing via Stripe, PayPal, and Wise.
Product overview
Open Collective is a collaborative money management platform that provides a unified system for transparent financial coordination. The core product combines Financial Platform functionality with integrated Money In, Money Out, Fiscal Hosting, Crowdfunding, Real-Time Balances, Expense Processing, Participatory Finances, Transparency, and Accounting & Accountability modules. The platform is operated by OFi Technologies under the stewardship of the Open Finance Consortium. Organizations can choose from Discover, Basic, and Pro plans based on their activity levels.
Differentiator
Problem solved
Functional benefit
Products and services
- Open Collective Platform for Organizations Subscription-based SaaS financial management platform for foundations, nonprofits, companies, public sector entities, and co-ops. Provides collaborative expense processing, crowdfunding, real-time balance tracking, transparent public ledgers, accounting tools, tax form collection, and the ability to act as a fiscal host for unincorporated collectives.
- Open Collective Fiscal Hosting Fiscal sponsorship service provided through a network of nonprofit fiscal hosts (Open Source Collective, Open Source Europe, Gift Collective, Social Change Nest, Raft Foundation, Massvis) that act as legal and financial umbrellas for unincorporated collectives. Allows groups to receive contributions, pay expenses, and operate transparently without forming their own legal entity.
Quantifiable outcome
- 41 Organizations managing finances with full transparency
- +5 more outcomes
Companies that use OpenCollective
Customer profileNamed customers14 records
Segments4 records
Ideal customer profiles2 records
OpenCollective technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
OpenCollective partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and flagship.
- StripecorePrimary payment processor handling financial transactions on the platform. When contributors make payments, Stripe collects and processes payment information according to its privacy policies. Platform Tips can be collected through Stripe's 'application fee' mechanism.
- Open Finance Consortium Inc. (OFiCo)flagshipUS 501(c)(6) nonprofit that stewards and governs the Open Collective Platform. OFiCo is a membership organization whose members are also its main users. Pricing is set by OFiCo's members to ensure long-term platform sustainability. OFiCo coordinates governance and evolution of open financial tools, maintaining community ownership.
- PayPalcorePayment processor integrated for collecting contributions and disbursing expense payments. Available as payout option for organizations and hosts.
- WisecorePayment processor integrated for payouts with Wise. Enables efficient cross-border payment disbursements for expense payments.
- Open Source CollectiveflagshipUS 501(c)(6) nonprofit fiscal host serving open source projects and related communities worldwide. One of the flagship fiscal hosts that helped launch and grow the Open Collective ecosystem.
- Open Source EuropeflagshipBrussels-based nonprofit (ASBL) providing fiscal hosting for open source projects across Europe. Provides fundraising and money management infrastructure, can sign cooperation agreements for grants and public subsidies.
- Gift CollectivecoreNZ-based charitable entity hosting grassroots and community groups with charitable focus. Helps charitable initiatives get up and running quickly, managing funds held by The Gift Trust.
- Social Change NestcoreUK-based host for mutual aid groups and social movements. Provides tools, strategy, and back office support to help groups scale up their operations and impact.
- Raft FoundationcoreUS-based 501(c)(3) fiscal sponsor bringing communities together to support neighbors in need. Focuses on collective care, community technology, movement infrastructure, and societal transformation.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
OpenCollective competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
OpenCollective social profiles
Digital presenceOpenCollective financial estimates
Financial estimateRevenue estimate
Valuation estimate
OpenCollective leadership team
Management profileNumber of profiles
Profiles1 record
OpenCollective funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OpenCollective M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OpenCollective
What does OpenCollective do?
OpenCollective provides a collaborative financial management platform that enables organizations and collectives to raise, manage, and disburse money with full real-time transparency, without needing to form their own legal entity. The platform combines a real-time transaction ledger, expense processing, crowdfunding campaigns, fiscal hosting, and accounting tools into a single integrated system. It serves legally incorporated organizations through tiered subscription plans and unincorporated collectives through a network of nonprofit fiscal hosts, with payment processing via Stripe, PayPal, and Wise.
Is OpenCollective a public or private company?
OpenCollective is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was OpenCollective founded?
OpenCollective was founded in 2015. It employs 1 to 10 people.
Where is OpenCollective based?
OpenCollective is headquartered in Walnut, United States, in the North America region.
How does OpenCollective make money?
Five revenue lines are on record. Organization Subscription Plans are the primary driver. The others are platform Tips, crowdfunding Fee, host Fees and payment Processor Fees.
Does OpenCollective have an API?
Yes. Open Collective provides a GraphQL API that enables programmatic access to platform data. One testimonial specifically mentions 'The GraphQL API is excellent BTW, we are now making use of it in our day-to-day mutual aid work,' indicating the API is publicly available and used by developers for automation and data access. The API supports real-time access to collective financial data, transactions, and expense management. Developer documentation is at documentation.opencollective.com.
What industry is OpenCollective in?
OpenCollective's product category is Fiscal Sponsorship & Collaborative Financial Management Software. Its primary akta.pro industry code is BPAMAFAJ, Open Banking, Account Aggregation & Payment Initiation APIs, with a secondary code of FSAGACAJ, Recurring Payments & Variable Recurring Payments (VRP) Enablement. Its NAICS code is 5223 and its SIC code is 7372.