Hooman Radfar
- Co-Founder and CEO at Collective Hub
GetLatka interview
How Collective Hub Reached 1,000 Customers With $299/Month Pricing and $10,000 Average Tax Savings (Interview with CEO Hooman Radfar)
Hooman Radfar (Co-Founder and CEO of Collective Hub) spoke to Nathan Latka on February 22, 2023.
Collective Hub figures from the interview
- Customers (2023)
- 1,000
- Monthly Price (2023)
- $299 per month
- Avg Tax Savings per Customer (2023)
- $10,000
- Team Size (2023)
- 175 employees
- Seed Round (2020)
- $7M
“We we do wanna work with anyone who's really hanging up a shingle on their own, is solo, and and, you know, that's 36% of the workforce. So it's a fairly large, percentage of the population.”
“So we don't do percentage of of of anything like that. It's a flat fee. We want it to be predictable. And we really look at it as, you know, from an ROI driven perspective. Ultimately, what we're doing is providing a solution. Right? By forming your company, providing payroll, doing the books, and doing the taxes, that's a solution. And the outcome is we drive tax savings. Now on average, we're saving $10,000. And for that, we pay a subscription fee, which you will predictably know. You pay that monthly annually. And if you pay it monthly, it's, like, $299 a month.”
“The first seed round, I believe, was on the magnitude of 7,000,000, and we've raised 50,000,000 since.”
Bio
Hooman is a serial entrepreneur and the co-founder and CEO of Collective, the first all-in-one financial platform designed for Businesses-of-One. He previously started AddThis (Oracle), was a founding partner at Expa, and is an early investor in Uber, Sweetgreen, Convoy, and more.
Company
Collective Hub
San Francisco, United States · Founded 2020
- Revenue
- $13M
- Funding
- $102M
- Team size
- 279
- Customers
- 1K