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Multiply - About the company

Multiply is a seed company based in London (United Kingdom), founded in 2016 by Vivek Madlani and Mike Curtis. It operates as a Provider of AI-powered financial advice automation solutions. Multiply has raised $2.34M in funding from Octopus Ventures. The company has 687 active competitors, including 104 funded and 104 that have exited. Its top competitors include companies like Addepar, KFin Technologies and FNZ.

Company Details

Provider of AI-powered financial advice automation solutions. This company offers technology that enables firms to deliver scalable and efficient financial advice. Its platform automates key advisory processes, including client onboarding, annual reviews, and the generation of personalized recommendations. The technology enhances advisor efficiency by automating routine tasks and providing data-driven insights, allowing advisors to focus on client relationships. The platform includes features such as client and advisor portals, an advice engine, a risk engine, and document generation capabilities. The solutions aim to reduce administrative burden and improve client satisfaction.
Social
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Email ID
*****@multiply.ai
Registered Address
Rise London, 41 Luke Street, London, England, EC2A 4DP
Key Metrics
Founded Year
2016
Location
Stage
Seed
Total Funding
$2.34M in 1 round
Latest Funding Round
Ranked
Employee Count
21 as on Apr 30, 2026
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Multiply's funding and investors

Multiply has raised a total funding of $2.34M over 1 round. Its latest funding round was a Seed round on Jun 05, 2018 for $*****. 8 investors participated in its latest round. Multiply has 7 institutional investors and 35 angel 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
Jun 05, 2018
8308053
Seed
5901923
9148239
3120231
8073116
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Multiply's founders and board of directors

Founder? Claim Profile
The founders of Multiply are Vivek Madlani and Mike Curtis. Vivek Madlani is the CEO of Multiply.
Here are the details of Multiply's key team members:

Multiply's Board of Directors

Multiply's board has 3 active members. Vivek Madlani and Mike Curtis are part of team and Jonathan Mark Schneider is independent board member.
Here is the list of Multiply's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 6m
Team
-
Current
9y 6m
Independent board member
-
Current
6y 11m

Multiply's employee count trend

Multiply has 21 employees as of Apr 26. Here is Multiply's employee count trend over the years:
Employee count trend for Multiply
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Multiply's Competitors and alternates

Top competitors of Multiply include Addepar, KFin Technologies and FNZ. 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
Logo for Addepar
Addepar
2009, Mountain View (United States), Series G
Wealth management solutions for advisors
$759M
78/100
2nd
Logo for KFin Technologies
KFin Technologies
2017, Hyderabad (India), Public
App-based platform for investments in mutual funds
$42.1M
75/100
3rd
Logo for FNZ
FNZ
2003, London (United Kingdom), Acquired
Provider of wealth management platforms for financial institutions and advisors
$2.55B
74/100
4th
Provider of tech solution for financial service and customer communication
-
72/100
5th
Logo for SEI
SEI
1968, Oaks (United States), Public
Wealth and investment management solutions for institutional investors
-
72/100
6th
Logo for AdvisorEngine
AdvisorEngine
2014, New York City (United States), Acquired
Wealth management software platform empowering financial advisors with technology and services
$60.1M
71/100
7th
Logo for Altruist
Altruist
2018, Culver City (United States), Series F
Portfolio management software for financial advisors
$602M
70/100
8th
Logo for Avaloq
Avaloq
1985, Zurich (Switzerland), Acquired
Cloud-based solutions for financial institutions
$301M
70/100
9th
Logo for Centricity
Centricity
2022, Gurugram (India), Seed
Digital private wealth management platform for individuals
$24M
68/100
10th
Logo for ZILO
ZILO
2020, London (United Kingdom), Series A
Software-enabled transfer agency system
$58.7M
65/100
48th
Logo for Multiply
Multiply
2016, London (United Kingdom), Seed
Provider of AI-powered financial advice automation solutions
$2.34M
53/100
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Multiply's Investments and acquisitions

Multiply has made no investments or acquisitions yet.

Reports related to Multiply

Here is the latest report on Multiply's sector:

News related to Multiply

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Media has covered Multiply for a total of 2 events in the last 1 year.
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FAQs about Multiply

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