Multiplier Raises $60M in Series B Funding

multiplier

Multiplier, a Singapore-based provider of a global employment platform that helps companies employ and pay talent anywhere in the world, raised $60m in Series B funding round.

This round, which brought total funding to $77.2m, taking their valuation to $400m, was co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.

The company intends to use the funds to scale globally.

Founded in 2020 and led by Sagar Khatri, CEO, Multiplier is a global employment platform that enables companies to employ teams internationally. Its proprietary technology simplifies the employment process by managing the complexities of local compliance, labor contracts, payroll, benefits and taxes.

The company works with customers from across the globe today, with its origins in the Asia Pacific region.

FinSMEs

16/03/2022