Multiply

London, United Kingdom Founded: 2016 • Age: 10 yrs
AI-powered financial advice automation solutions are provided.
Annual revenue - Latest available
Total funding $2.3M 1 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 6 Services tracked
Competitors 10 Brand Intelligence

About Multiply

Multiply is a company based in London (United Kingdom) founded in 2016 by Mike Curtis and Vivek Madlani. Multiply has raised $2.34 million across 1 funding round from investors including Octopus Ventures, Entrepreneur First and Nicholas Walter Hungerford. Multiply offers products and services including Advice Engine, Client Portal, Adviser Portal, Risk Engine, and Doc Generation. Multiply operates in a competitive market with competitors including Moneyfarm, A J Bell, The Openwork Partnership, Y TREE and My Pension Expert, among others.

  • Headquarter London, United Kingdom
  • Founders Mike Curtis, Vivek Madlani
  • Sectors
    Technology
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  • Legal Name Multiply Ai Limited
  • Date of Incorporation 09 Nov, 2016
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.34 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.34 M (USD), Seed

    Jun 05, 2018

  • Investors
  • Employee Count
    Not available
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Products & Services of Multiply

Multiply offers a comprehensive portfolio of products and services, including Advice Engine, Client Portal, Adviser Portal, Risk Engine, and Doc Generation.

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Primary

Generates automated, compliant financial advice for firms

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Facilitates client planning and secure communication

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Central hub for managing client insights and data

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Performs dynamic risk assessments for compliance

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Creates instant compliant documents to save time

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Provides AI-powered personalized client support

People of Multiply

Headcount 10-50
Employee Profiles 11
Employee Profiles
People
JP Fleuret
Head Of Operations
People
Vivek Madlani DipFA
Cofounder and CEO
People
Lee Brooks
Revenue and Product Marketing Manager
People
Mike Curtis
CTO and Co-founder

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Funding Insights of Multiply

Multiply has successfully raised a total of $2.34M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.34 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Multiply

Multiply has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Octopus Ventures, Entrepreneur First and Nicholas Walter Hungerford.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investment and support for founders in technology and health sectors.
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Provider of a program turning individuals into funded technology company founders
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Portage is engaged in fintech and financial services investments.
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Investor details for Multiply

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Investments & Acquisitions by Multiply

Investments
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Investment portfolio details for Multiply

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Financial Statements - Multiply

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Detailed financials for Multiply

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Multiply Comparisons

Multiply Primary company
Description
AI-powered financial advice automation solutions are provide...
Location
London, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Multiply

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Competitors of Multiply

Multiply operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moneyfarm, A J Bell, The Openwork Partnership, Y TREE and My Pension Expert, among others.

Company Name Domain Founded year HQ Location Description
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Platform for investment planning & advisory services
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Financial advisory and retirement planning services are provided to users.
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Online financial advisory platform for individuals and families is operated.
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Personal wealth is managed via an online platform.
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Pensions and retirement planning solutions are provided to users.
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Detailed competitors of Multiply

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Latest news on Multiply

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Complete news archive for Multiply

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  • Source and publication date
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Frequently Asked Questions about Multiply

Multiply was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Multiply is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Vivek Madlani is the current CEO of Multiply. They have also founded this company.

Multiply is a funded company, having raised a total of $2.34M across 1 funding round to date.

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.

Multiply's top competitors include Moneyfarm, A J Bell and The Openwork Partnership.

Multiply offers Advice Engine, Client Portal, Adviser Portal, Risk Engine, and 2 more products and services.

Multiply has 8 investors. Key investors include Octopus Ventures, Entrepreneur First, Nicholas Walter Hungerford, Taavet Hinrikus, and Peter Rading.

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