About Multis
Multis is a company based in San Francisco (United States) founded in 2019 was acquired by Safe Ecosystem Foundation in April 2024.. Multis has raised $9.2 million across 2 funding rounds from investors including Coinbase, MakerDAO and Safe Ecosystem Foundation. Multis operates in a competitive market with competitors including IoTeX, Coinshift, Fyde, Parcel and MeanFi, among others.
- Headquarter San Francisco, United States
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Multis, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.2 M (USD)
in 2 rounds
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Latest Funding Round
$7 M (USD), Seed
Feb 17, 2022
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Investors
Coinbase
& 15 more
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Employee Count
Employee Count
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Acquired by
Safe Ecosystem Foundation
(Apr 18, 2024)
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Funding Insights of Multis
Multis has successfully raised a total of $9.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in February 2022. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $7.0M
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First Round
First Round
(29 Sep 2020)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - Multis | Valuation | Sequoia Capital | |
| Sep, 2020 | Amount | Seed - Multis | Valuation | White Star Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Multis
Multis has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, MakerDAO and Safe Ecosystem Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Multis
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Multis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Multis Comparisons
Competitors of Multis
Multis 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 IoTeX, Coinshift, Fyde, Parcel and MeanFi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blockchain-based connectivity for IoT applications is facilitated.
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| domain | founded_year | HQ Location |
Crypto treasury management is provided for DAOs and businesses.
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| domain | founded_year | HQ Location |
On-chain treasury management solutions are offered for liquidity and yield.
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| domain | founded_year | HQ Location |
Treasury management solutions for DAOs are offered by Parcel.
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| domain | founded_year | HQ Location |
Defi banking solutions for cryptocurrency
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Multis
Frequently Asked Questions about Multis
When was Multis founded?
Multis was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Multis located?
Multis is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Multis?
Thibaut Sahaghian is the current CEO of Multis.
Is Multis a funded company?
Multis is a funded company, having raised a total of $9.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Sep 29, 2020.
What does Multis do?
Multis was founded in 2019 in San Francisco, United States, within the fintech sector focused on cryptocurrency. Treasury management software is offered to businesses for handling crypto accounting and operations. Financial statements are generated, and accounting is automated across various wallets. Funds are secured through integrated controls, while spending policies are established to support corporate financial governance.
Who are Multis's investors?
Multis has 16 investors. Key investors include Coinbase, MakerDAO, Safe Ecosystem Foundation, Hexa, and Digital Currency Group.
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