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§ Private Profile · New York City, NY, USA
Multiplier is a technology company.
Multiplier provides a global employment platform, streamlining the hiring, management, and payment of international teams. Its core product suite includes global payroll, employer of record services, and integrated HR information systems. This enables compliant onboarding across borders, automating administrative complexities, eliminating local entity requirements.
Multiplier was founded in 2020 by Vamsi Krishna and Sagar Khatri. Their insight stemmed from the complexities and regulatory hurdles companies faced when hiring globally. They envisioned a unified platform to democratize cross-border employment, allowing businesses to efficiently access and manage a global talent pool.
Multiplier serves businesses of all sizes, facilitating global team scaling through simplified international employment. The company envisions a future where geographical constraints no longer impede talent acquisition or business expansion. Its mission is to empower companies to effortlessly hire, manage talent anywhere, fostering a borderless workforce.
Multiplier has raised $105.0M across 4 funding rounds.
Multiplier has raised $105.0M in total across 4 funding rounds.
Multiplier is a Singapore-based technology company founded in 2020 that operates as a Professional Employer Organization (PEO) platform, enabling businesses to hire, onboard, manage, and pay global talent compliantly in 150+ countries without establishing local entities.[1][2] It serves companies scaling international teams by solving complex compliance, payroll, benefits, taxes, and HR challenges through an all-in-one global HRIS (Human Resources Information System), offering features like automated payroll in multiple currencies, visa support, and integrations with existing tools.[2][3] With 201-500 employees, human-centric support from 100+ in-house legal and tax experts, and 24/7 customer service, Multiplier claims 35% lower total cost of ownership via scalable, integrated tech.[2][3]
The platform targets remote-first and global businesses, streamlining workforce management to let companies focus on growth rather than administrative hurdles, evidenced by multiple industry awards recognizing it as a leader in global employment solutions.[3]
Multiplier Technologies Pte. Ltd. was founded in 2020 in Singapore, emerging amid the rapid shift to remote and distributed workforces accelerated by the COVID-19 pandemic.[1] While specific founders are not detailed in available sources, the company quickly built proprietary technology to address the pain points of international hiring, such as navigating diverse local labor laws, contracts, payroll, benefits, and taxes.[3] Early traction came from its focus on compliance-heavy global expansion, positioning it as a PEO platform that allows instant talent access without entity setup, leading to accolades across nine categories in industry awards shortly after launch.[1][3]
Multiplier rides the global talent mobility trend, fueled by remote work normalization and companies seeking diverse, cost-effective hires beyond local markets amid talent shortages.[2] Timing aligns with post-pandemic borderless hiring demands, where market forces like rising compliance costs and multi-jurisdictional regulations favor PEO platforms over in-house setups.[1][3] It influences the ecosystem by democratizing access to international talent for startups and scale-ups, lowering barriers to globalization and enabling "borderless" teams, while its integrated model counters HR tech fragmentation.[2]
Multiplier is poised to expand as AI-driven HR automation and geopolitical shifts intensify demand for compliant global employment, potentially growing its 150+ country footprint and deepening integrations with emerging tools.[2] Trends like hybrid work and talent wars in high-growth regions (e.g., APAC, LATAM) will shape its path, with influence evolving toward dominating EOR/PEO markets through enhanced AI compliance and predictive analytics. As a smarter investment for scaling teams without limits, it ties back to its core promise: building bridges, not borders, in a hyper-connected world.[2]
Multiplier has raised $105.0M across 4 funding rounds. Most recently, it raised $28.0M Series A in June 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2025 | $28M Series A | — | DCM, FirstHand Alliance, Lightspeed Venture Partners | Announced |
| Mar 1, 2022 | $60M Series B | Rohit Agarwal, Peak XV Partners, Tiger Global | Global Founders Capital, I2I Ventures, Picus Capital, George Godula | Announced |
| Oct 1, 2021 | $13M Series A | — | Ankaa Ventures, Global Founders Capital, Heartcore Capital, I2I Ventures, MS&AD Ventures, Newalpha, Picus Capital, Plug & Play Ventures, Powerhouse Ventures, George Godula | Announced |
| Jul 1, 2021 | $4M Seed | — | Ankaa Ventures, Blume Ventures, Global Founders Capital, Heartcore Capital, I2I Ventures, MS&AD Ventures, Newalpha, Peak XV Partners (formerly Sequoia Capital India & SEA), Picus Capital, Plug & Play Ventures, Powerhouse Ventures, George Godula | Announced |
Multiplier has raised $105.0M in total across 4 funding rounds.
Multiplier's investors include DCM, FirstHand Alliance, Lightspeed Venture Partners, Rohit Agarwal, Tiger Global, Global Founders Capital, i2i Ventures, Picus Capital, George Godula, Ankaa Ventures, Heartcore Capital, MS&AD Ventures.