Open Collective’s cover photo
Open Collective

Open Collective

Non-profit Organizations

Walnut, CA 2,642 followers

Legal and financial toolbox for grassroots groups 💙🧰💡 Fundraising + legal status + money management platform 💸

About us

Open Collective is a legal and financial toolbox for grassroots groups. It’s a fundraising + legal status + money management platform for your community 🎥 watch this 1 min short documentary about OC: https://www.youtube.com/watch?v=SfHeSpoSHTM

Website
https://opencollective.com
Industry
Non-profit Organizations
Company size
11-50 employees
Headquarters
Walnut, CA
Type
Privately Held
Founded
2015
Specialties
open source, non profit, fintech, and fiscal sponsorship

Locations

Employees at Open Collective

Updates

  • We are super excited to be co-hosting this event in Bristol on the 3rd of July! Looking forward to meeting groups that are currently using Open Collective and inspiring emerging groups to join the platform ✨ https://lnkd.in/ee46VDCm

    💥 Struggling to raise funds for your community group? You're not alone. Whether it's the hassle of bank accounts, complex registrations or grant applications, it can feel overwhelming, costing you time and money. Imagine a simpler and transparent way to collaboratively raise and manage funding. 📅Join us in Bristol on July 3rd for an informal, practical session where we'll share simple, effective ways to get your grassroots group set up for fundraising. Get insights from us The Social Change Nest, along with Rising Arts Agency CIC, Bristol Redistro, and Open Collective 🤝 🎟️Book a free ticket here : https://hubs.la/Q03tlWvh0

  • Open Collective reposted this

    💙 CryptPad runs on more than just code. It runs on the belief that collaboration should be private, secure, and open to everyone. No surveillance, no ads. Just real-time tools that you control. We’ve come a long way with the support of grants and subscribers, but to grow and keep improving, we also rely on our users. If CryptPad helps you or your team, consider backing the project on Open Collective. Your donation helps us fix bugs faster, improve UX, and keep pushing for a more private web. 🔗 https://lnkd.in/d4jq694m #CryptPad #OpenSource #PrivacyTools #EncryptedCollaboration #SupportFOSS #DigitalSovereignty

  • Public funding is drying out. More and more non-profits start developing their own business to diversify their revenue. Do you have some examples of that to share? Is that something that you are also considering in your collective or organization? Share your thinking! 💭

  • It pays off to be transparent about your costs with your community.

    One of these ads grew sales by 21.1%. Can you guess which? In 2020, Harvard researchers¹ tested the effects of showing a product's costs. Rather than just listing the price, they showed ingredient cost (and profit margin). For the test, this ad was shown in the Harvard canteen. Real-world sales were measured directly after the student saw the ad. Turns out, students were 21% more likely to buy the soup 𝐰𝐡𝐞𝐧 𝐭𝐡𝐞 𝐜𝐨𝐬𝐭𝐬 𝐰𝐞𝐫𝐞 𝐬𝐡𝐨𝐰𝐧. Showcasing your costs boosts trust and makes customers more likely to buy. Source: ¹Mohan, B., Buell, R. W., & John, L. K. (2020). Lifting the veil: The benefits of cost transparency. Marketing Science, 39(6), 1105–1121.

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  • Are you on web3? Do you support public goods to lift up all the boats in the ecosystem? Do you also believe that there should be more transparency on how all those projects spend the money they raise with the community? Support the development of a web3 version of Open Collective. Vote with a small donation by April 17th on Gitcoin. (Link in the comments)

  • 🙏 A lot of gratitude to all of you for coming to our Open Collective FOSDEM meetup Saturday evening at the Commons Hub Brussels. We hope that you enjoyed it as much as we did! It was a beautiful evening with a mix of healthy local organic food 🥗 & drinks 🍻, presentations from Xavier Damman, Benjamin Piouffle, Leonardo Koch Kewitz, Kris Decoodt and Leen Schelfhout, a participative board to create the mycelium of the community 🕸️, another board to share our gratitude 🙏, offers & requests and conversation circles to have meaningful conversations in a cosy environmnent. 🔅 🎉 We celebrated $50M raised for Open Source Collectives since we started the Open Source Collective fiscal host. We talked about "protecting what is" with the current version of the platform moving to a new non-profit owned by existing fiscal hosts (Open Finance Consortium) and "making space for the new", with a new upcoming web3 version with support for multiple currencies. 🏡 All of this at the Commons Hub Brussels, a space that is running on Open Collective and that is pushing us to keep innovating to embrace not only the yang economy of the euro or dollar, but also a yin economy. An economy that recognizes non-financial contributions that are equally important for the health and success of any collective. ☯️ ✨ To highlight some of the post-its that expressed gratitude: "Open Source makes my life much more enjoyable", "nice and supportive people in the open source community", "collective wisdom of the community", "members stepping up". But also gratitude to organizations such as NLnet foundation, Open Source Collective, Filecoin Foundation, Ethereum Foundation, ... 🎁 Offers to the community: "Better marketing and adoption" from Ira Nezhynska, "Mentoring program for women of open source" from Ruth Cheesley (she/her), "Help organizations make more contributions to open source and facilitate the relationship orgs-open source" from Georg Link, PhD 🙋🏻♀️ And needs and requests: "looking for open source communities willing to become a DAO", "suggestions on how to get people / companies to contribute more recurrently", "bootstrap a lobbying group for digital commons bank", "a yin currency for our coop", "mentors for underrepresented folks in tech", Ruth Cheesley (she/her): "platform instance as a digital common", "researching core team governance models, who to add?", "peer support, knowledge sharing, collaboration!", and more! (see photo). Shall we do this again next year during FOSDEM 2026? Tag the people, organizations and collectives that you can see in the pictures!

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Funding

Open Collective 3 total rounds

Last Round

Seed

US$ 2.0M

See more info on crunchbase