Multiplier - About the company
Multiplier is a series B company based in Singapore (Singapore), founded in 2020 by Vamsi Krishna and 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 1120 active competitors, including 121 funded and 98 that have exited. Its top competitors include companies like Razorpay, Gusto and Payflow.
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/
- 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
Post Money Valuation
$***** as on Mar 15, 2022
Investors
Ranked
17th among 1120 active competitors
Annual Revenue
$10M - $50M as on Mar 31, 2024
Employee Count
1,253 as on May 31, 2026
Legal entities associated with Multiplier
Multiplier is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Multiplier Technologies Pte. Ltd CIN: 202020851R , Singapore, Active | Dec 31, 2019 | $10M - $50M (As on Mar 31, 2024) | - | |
MULTIPLIER TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U74999KA2021FTC144006 , India, Active | Feb 09, 2021 | $10M - $50M (As on Mar 31, 2025) | 807 (As on Jul 31, 2024) |
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Multiplier's funding and investors
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 | 4624433 | Series B | 5797289 | 6905416 | 3321643 | 6147532 |
Nov 01, 2021 | 1721612 | Series A | 2231370 | 5763954 | 9093211 | |
Jul 14, 2021 | 8050367 | Seed | 1569549 | 5533098 |
View details of Multiplier's funding rounds and investors
Multiplier's founders and board of directors
Founder? Claim ProfileThe founders of Multiplier are Vamsi Krishna and Sagar Khatri. Sagar Khatri is the CEO of Multiplier.
Here are the details of Multiplier's key team members:
- Vamsi Krishna: Co-Founder & Chief Product Officer of Multiplier. They serve on the board of 1 company.Contact Info: 1 email address
- 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. Vamsi Krishna, Sagar Khatri and Amritpal Singh are part of team.Here is the list of Multiplier's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 5m | |
Team | - | Current | 5y 10m | |
otfvdvg | Team | - | Past | 4y 2m |
View details of Multiplier's Founder profiles and Board Members
Multiplier's employee count trend
Multiplier has 1,253 employees as of May 26. Here is Multiplier's employee count trend over the years:
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Multiplier's Competitors and alternates
Top competitors of Multiplier include Razorpay, Gusto and Payflow. Here is the list of Top 10 competitors of Multiplier, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
2nd | Gusto 2012, San Francisco (United States), Series E | Cloud-based payroll, benefits, and HR software for small and medium-sized businesses | $718M | 83/100 | |
3rd | Online financial services platform for on-demand pay and savings | $41.3M | 77/100 | ||
4th | Earnin 2012, Palo Alto (United States), Series C | Provider of a platform for accessing earned wages and financial tools | $190M | 76/100 | |
5th | Yonder 2020, London (United Kingdom), Series B | Online platform to discover & book outdoor tours | $81.4M | 76/100 | |
6th | Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises | $24.8M | 75/100 | ||
7th | PayScale 2002, Seattle (United States), Acquired | Offers payroll compensation management software | $118M | 74/100 | |
8th | Oyster 2019, Charlotte (United States), Series D | Provider of employment software for managing payroll and personnel administration | $291M | 72/100 | |
9th | Argyle 2018, New York City (United States), Series B | Provider of consumer-permissioned income, employment, and asset verification data services | $111M | 71/100 | |
10th | Justworks 2012, New York City (United States), Series E | Benefits administration & payroll management solution for businesses | $148M | 69/100 | |
17th | Multiplier 2020, Singapore (Singapore), Series B | Cloud-based payroll and compliance platform provider | $77.2M | 66/100 |
Looking for more details on Multiplier's competitors? Click here to see the top ones
Multiplier's Investments and acquisitions
Multiplier has made no investments or acquisitions yet.
News related to Multiplier
Media has covered Multiplier for a total of 6 events in the last 1 year, 5 of them have been about company updates.
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Multiplier buys Oxygen Advisors in sixth global dealChannelLife•Apr 01, 2026•Multiplier, Oxygen Advisors
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Multiplier Expands Global Payroll Offering with Non-Resident Employer Payroll ServicePR Newswire•Oct 23, 2025•Multiplier
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Multiplier Launches Contractor of Record (COR) to Manage Contingent Workforce RisksPR Newswire•Jun 10, 2025•Multiplier
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Cross-border employment platform Multiplier’s losses balloon nearly 3.5x in 2023Shareandstocks•Jun 19, 2024•Multiplier
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Multiplier Named Leader in multiple G2 Grid® Spring 2023 Reports and #1 on Momentum GridPR Newswire•Apr 04, 2023•Multiplier
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