Collective Works raised €7 million from Blossom Capital and angel investors.

Collective Works, a Paris, France-based startup developing a SAAS helping freelancers to automate back-office functions like proposals, invoices, contracts and payments, announced getting into an investment agreement for raising €7 million ($7.9M) in a seed capital funding round.

The money was raised from investors led by Blossom Capital and joined by multiple angel investors.

Collective Works, incubated at eFounders in 2021 by Jean de Rauglaudre, Paul Vidal and Vianney de Drouas, developed a SAAS solution that acts as collaborative marketplace for freelancers working on the same projects. The company says that it ndaled to date 300 collectives, representing more than 1,000 freelancers, and around a hundred clients such as Coface, Pimkie or even Crédit Mutuel.