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.
- Website
- www.multiply.ai/
- Email ID
- *****@multiply.ai
- Registered Address
- Rise London, 41 Luke Street, London, England, EC2A 4DP
Key Metrics
Founded Year
2016
Location
London, United Kingdom
Stage
Seed
Total Funding
$2.34M in 1 round
Latest Funding Round
Investors
Ranked
48th among 687 active competitors
Employee Count
21 as on Apr 30, 2026
Legal entities associated with Multiply
Multiply is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MULTIPLY AI LIMITED CIN: 10470734 , United Kingdom, Active | Nov 08, 2016 | - | 12 (As on Dec 31, 2024) |
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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 |
View details of Multiply's funding rounds and investors
Multiply's founders and board of directors
Founder? Claim ProfileHere are the details of Multiply's key team members:
- Vivek Madlani: Co-Founder & CEO of Multiply. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 email address
- Mike Curtis: Co-Founder & CTO of Multiply. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Multiply's Founder profiles and Board Members
Multiply's employee count trend
Multiply has 21 employees as of Apr 26. Here is Multiply's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Addepar 2009, Mountain View (United States), Series G | Wealth management solutions for advisors | $759M | 78/100 | |
2nd | KFin Technologies 2017, Hyderabad (India), Public | App-based platform for investments in mutual funds | $42.1M | 75/100 | |
3rd | FNZ 2003, London (United Kingdom), Acquired | Provider of wealth management platforms for financial institutions and advisors | $2.55B | 74/100 | |
4th | Broadridge 2007, United States, Public | Provider of tech solution for financial service and customer communication | - | 72/100 | |
5th | SEI 1968, Oaks (United States), Public | Wealth and investment management solutions for institutional investors | - | 72/100 | |
6th | AdvisorEngine 2014, New York City (United States), Acquired | Wealth management software platform empowering financial advisors with technology and services | $60.1M | 71/100 | |
7th | Altruist 2018, Culver City (United States), Series F | Portfolio management software for financial advisors | $602M | 70/100 | |
8th | Avaloq 1985, Zurich (Switzerland), Acquired | Cloud-based solutions for financial institutions | $301M | 70/100 | |
9th | Centricity 2022, Gurugram (India), Seed | Digital private wealth management platform for individuals | $24M | 68/100 | |
10th | ZILO 2020, London (United Kingdom), Series A | Software-enabled transfer agency system | $58.7M | 65/100 | |
48th | Multiply 2016, London (United Kingdom), Seed | Provider of AI-powered financial advice automation solutions | $2.34M | 53/100 |
Looking for more details on Multiply's competitors? Click here to see the top ones
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
Media has covered Multiply for a total of 2 events in the last 1 year.
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Multiply raises $9.5m for self-learning ads, reports 300%-500% pipeline increase for B2B companiesGlobeNewswire•Mar 18, 2026•Sorenson Capital, Mayfield, Multiply, Multiply Media and 6 others
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Multiply Consolidates Its Business Model With A New Financing Round Of 500,000 EurosEl Referente•Mar 26, 2024•Multiply
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Multiply an IVF-tech startup launches is its AI-based platform that will replace conventional processes in IVF clinicsAsian News International•Dec 04, 2021•Multiply
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Financial advice and mortgage broker app launched by Multiply AI and MojoFinextra•Mar 16, 2021•Multiply, Mojo Mortgages
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