When was Multiply founded?

Multiply was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Multiply located?

Multiply is headquartered in Stockholm, Sweden.

Who is the current CEO of Multiply?

Rasmus Adler Wahlberg of Multiply. They have also founded 1 company.

How many employees does Multiply have?

As of Sep 30, 2026, the latest employee count at Multiply is 12.

Is Multiply a funded company?

Multiply is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 28, 2022.

When was the latest funding round of Multiply?

Multiply's latest funding was a $***** Seed round on Nov 28, 2022, with participation from 1 investor.

Where does Multiply rank among its competitors?

Multiply ranks 81st amongst 947 active competitors, of which 91 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sanalabs, which secured $55M in Oct, 2024.

Who are the top competitors of Multiply?

Multiply's top competitors include Atlassian, monday.com and Asana. Among them, Sanalabs secured the most recent funding round in October, 2024.

Multiply - 2026 Company Profile, Team, Funding & Competitors

Multiply is a seed company based in Stockholm (Sweden), founded in 2019 by Rasmus Adler Wahlberg, Henrik Eneroth and Martin Kallstrom. It operates as a Cloud-based enterprise collaboration suite solutions. Multiply has raised $1.8M in funding from Tera Ventures. The company has 947 active competitors, including 91 funded and 51 that have exited. Its top competitors include companies like Atlassian, monday.com and Asana.

Company Details

Cloud-based enterprise collaboration suite solutions. It uses a generative AI interface that provides virtual collaboration space, knowledge and task management, team collaboration, workflow management, data sharing, content creation for the workforce, meeting scheduler, etc.

Website: www.multiply.co/
Social
Email ID: *****@multiply.co

Key Metrics

Founded Year

2019

Location

Stockholm, Sweden

Stage

Seed

Total Funding

$1.8M in 1 round

Latest Funding Round

Seed, Nov 28, 2022, $*****

Investors

Tera Ventures & 1 more

Ranked

81^st among 947 active competitors

Employee Count

12 as on Sep 30, 2026

Similar Companies

Atlassian & 1224 more

View Multiply's full profile

Multiply has raised a total funding of $1.8M over 1 round. Its latest funding round was a Seed round on Nov 28, 2022 for $*****. 1 investor participated in its latest round. Multiply has 2 institutional investors.

Here is the list of recent funding rounds of Multiply:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 28, 2022	2302315	Seed	2785078	4544766	7502791	3915107

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View details of Multiply's funding rounds and investors

The founders of Multiply are Rasmus Adler Wahlberg, Henrik Eneroth and Martin Kallstrom. Rasmus Adler Wahlberg is the CEO of Multiply.

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

Rasmus Adler Wahlberg: Co-Founder & CEO of Multiply and founder of 1 other company.
Contact Info: 1 email address
Henrik Eneroth: Co-Founder of Multiply.
Contact Info: 1 email address
Martin Kallstrom: Co-Founder of Multiply.

View details of Multiply's Founder profiles and Board Members

Multiply's employee count trend

Multiply has 12 employees as of Sep 26. Here is Multiply's employee count trend over the years:

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Top competitors of Multiply include Atlassian, monday.com and Asana. Here is the list of Top 10 competitors of Multiply, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Atlassian 2002, Sydney (Australia), Public	Developer of collaboration software and tools for various professional teams	$210M	T. Rowe Price, Accel & 5 others	86/100
2nd	monday.com 2012, Tel Aviv (Israel), Public	Cloud-based platform offering suite solutions for project management	$235M	Genesis Partners, Entree Capital & 19 others	83/100
3rd	Asana 2008, San Francisco (United States), Public	Cloud-based platform offering project management software	$453M	Generation Investment Management, Benchmark ... & 30 others	79/100
4th	Clickup 2016, Palo Alto (United States), Series C	Developer of a platform providing project management and team collaboration	$535M	Georgian, Craft Ventures & 7 others	78/100
5th	Coda 2014, San Francisco (United States), Acquired	Document Collaboration Tool	$240M	Kleiner Perkins, Greylock Partners & 26 others	76/100
6th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
7th	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Lakestar, UBS & 38 others	76/100
8th	Webex 1995, San Jose (United States), Acquired	Provider of solutions for virtual meetings and training sessions	$25M	Summit Partners, Deutsche Telekom & 5 others	74/100
9th	Igloo 2008, Kitchener (Canada), Acquired	Cloud-based enterprise social networking solution provider	$53.3M	Royal Bank of Canada, Frontier Capital & 2 others	70/100
10th	Sanalabs 2016, Stockholm (Sweden), Acquired	Developer of AI agents and an AI-native learning management system	$136M	New Enterprise Associates, EQT & 19 others	68/100
81st	Multiply 2019, Stockholm (Sweden), Seed	Cloud-based enterprise collaboration suite solutions	$1.8M	Tera Ventures, Antler	40/100