Sure thing, it's called a multi-signature or multisig address. It's like a shared account that needs more than one person to sign off on transactions.
For these addresses, each person has their own private key. You set rules for how many of those keys are needed to approve any spending – could be 2-of-3, 3-of-5, you name it.
Keeps things secure 'cause no single person can go rogue with the funds! Teamwork makes the dream work in Bitcoin too!