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Open Collective

Crowdfunding platform From Wikipedia, the free encyclopedia

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Open Collective is a crowdfunding platform focused on grassroots groups. It gives organizations, communities, projects to get a legal status and raise funding through subscription or one time payment. It's particularly favoured by open source projects.[1] It currently hosts funding for thousands of open-source communities.[2]

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History

Open Collective is a venture capital-funded tech startup—owned by founders, investors, and employees—with an obligation to make returns.[2]

Projects with corporate support tend to rack up higher financing than donation projects led by individuals.[3]

Open Collective Foundation, distinct from the Open Collective platform, announced the dissolution of its fiscal sponsorship program by the end of 2024.[4]

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