When was Multiplier founded?

Multiplier was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Multiplier located?

Multiplier is headquartered in Singapore, Singapore.

Who is the current CEO of Multiplier?

Sagar Khatri of Multiplier. They have also founded 1 company.

Which legal entities is Multiplier associated with?

Multiplier is associated with Multiplier Technologies Pte. Ltd and 1 other.

How many employees does Multiplier have?

As of Aug 31, 2026, the latest employee count at Multiplier is 1323.

Is Multiplier a funded company?

Multiplier is a funded company, having raised a total of $77.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 14, 2021.

How much is Multiplier worth?

The latest valuation of Multiplier is $***** as of Mar 15, 2022.

When was the latest funding round of Multiplier?

Multiplier's latest funding was a $***** Series B round on Mar 10, 2022, with participation from 3 investors.

What is the annual revenue of Multiplier?

Annual revenue of Multiplier is between $10M and $50M as on Mar 31, 2024

Where does Multiplier rank among its competitors?

Multiplier ranks 11th amongst 1108 active competitors, of which 116 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Payflow, which secured $2.35M in Oct, 2025.

Who are the top competitors of Multiplier?

Multiplier's top competitors include Gusto, Payflow and Earnin. Among them, Payflow secured the most recent funding round in October, 2025.

Multiplier - 2026 Company Profile, Team, Funding, Competitors & Financials

Multiplier is a series B company based in Singapore (Singapore), founded in 2020 by Sagar Khatri. It operates as a Cloud-based payroll and compliance platform provider. Multiplier has raised $77.2M in funding from investors like Peak XV Partners, Tiger Global Management and Surge, with a current valuation of $*****. The company has 1108 active competitors, including 116 funded and 92 that have exited. Its top competitors include companies like Gusto, Payflow and Earnin.

Company Details

Cloud-based payroll and compliance platform provider. It allows enterprises to manage employment contracts & compliance, tax payments, and employee benefits. Monetizes through subscription-based plans.

Website: www.usemultiplier.com/
Social
Email ID: *****@usemultiplier.com
Phone Number: +65 **********

Key Metrics

Founded Year

2020

Location

Singapore, Singapore

Stage

Series B

Total Funding

$77.2M in 3 rounds

Latest Funding Round

Series B, Mar 10, 2022, $*****

Post Money Valuation

$***** as on Mar 15, 2022

Investors

Peak XV Partners & 20 more

Ranked

11^th among 1108 active competitors

Annual Revenue

$10M - $50M as on Mar 31, 2024

Employee Count

1,323 as on Aug 31, 2026

Similar Companies

Gusto & 1047 more

View Multiplier's full profile

Multiplier is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MULTIPLIER TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U74999KA2021FTC144006 , India, Active	Feb 09, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	807 (As on Jul 31, 2024)
Multiplier Technologies Pte. Ltd UEN: 202020851R , Singapore, Active	Dec 31, 2019	$10M - $50M (As on Mar 31, 2024)	-

Multiplier has raised a total funding of $77.2M over 3 rounds. Its first funding round was on Jul 14, 2021. Its latest funding round was a Series B round on Mar 10, 2022 for $*****. 3 investors participated in its latest round. Multiplier has 9 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Multiplier:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2022	5586366	Series B	1976826	3243704	8496122	2168669
Nov 01, 2021	2009702	Series A	2584284	3298519	3715162	Golden Gate Ventures & 5 more
Jul 14, 2021	3043187	Seed	4603442	7639364	Surge	Golden Gate Ventures & 2 more

Access funding benchmarks and valuations. Sign up today!

View details of Multiplier's funding rounds and investors

The founders of Multiplier is Sagar Khatri. Sagar Khatri is the CEO of Multiplier.

Here are the details of Multiplier's key team members:

Sagar Khatri: Co-Founder & CEO of Multiplier. They serve on the board of 1 company.
Contact Info: 1 email address

Multiplier's Board of Directors

Multiplier's board has 3 active members. Sagar Khatri, Amritpal Singh and Vamsi Krishna are part of team.

Here is the list of Multiplier's board of directors:

Name	Type	Representing	Status	Duration
Amritpal Singh	Team	-	Current	6y 0m
Vamsi Krishna	Team	-	Current	5y 7m
ju{cyyl	Team	-	Past	3y 6m

View details of Multiplier's Founder profiles and Board Members

Multiplier's employee count trend

Multiplier has 1,323 employees as of Aug 26. Here is Multiplier's employee count trend over the years:

Uncover Multiplier's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Multiplier include Gusto, Payflow and Earnin. Here is the list of Top 10 competitors of Multiplier, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gusto 2012, San Francisco (United States), Series E	Cloud-based payroll, benefits, and HR software for small and medium-sized businesses	$718M	T. Rowe Price, CapitalG & 85 others	84/100
2nd	Payflow 2020, Madrid (Spain), Acquired	Online financial services platform for on-demand pay and savings	$41.3M	Cathay Innovation, Wayra & 34 others	77/100
3rd	Earnin 2012, Palo Alto (United States), Series C	Provider of a platform for accessing earned wages and financial tools	$190M	DST Global, Andreessen Horowitz & 16 others	77/100
4th	PayScale 2002, Seattle (United States), Acquired	Offers payroll compensation management software	$118M	Mercer, Allen & Company & 11 others	74/100
5th	Oyster 2019, Charlotte (United States), Series D	Provider of employment software for managing payroll and personnel administration	$291M	Georgian, SLW & 25 others	72/100
6th	Argyle 2018, New York City (United States), Series B	Provider of consumer-permissioned income, employment, and asset verification data services	$111M	Bain Capital Ventures, SignalFire & 14 others	71/100
7th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Fidelity Investments ... & 49 others	70/100
8th	Justworks 2012, New York City (United States), Series E	Benefits administration & payroll management solution for businesses	$148M	Index Ventures, FirstMark & 13 others	69/100
9th	PagarBook 2018, Bengaluru (India), Series A	Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises	$24.8M	India Quotient, Peak XV Partners & 11 others	69/100
10th	Pinwheel 2018, New York City (United States), Series B	Cloud-based payroll API solution for enterprises	$84M	Notable Capital, Company Ventures & 22 others	68/100
11th	Multiplier 2020, Singapore (Singapore), Series B	Cloud-based payroll and compliance platform provider	$77.2M	Tiger Global Management, DST Global & 19 others	67/100