About UseMultiplier
UseMultiplier is a company based in Singapore (Singapore) founded in 2020 by Vamsi Krishna, Amritpal Singh, and Sagar Khatri. UseMultiplier has raised $77.2 million across 3 funding rounds from investors including Peak XV Partners, Tiger Global and DST Global Partners. The company has 770 employees as of April 01, 2024. UseMultiplier operates in a competitive market with competitors including Deel, Gusto, Payflow, Paylocity and Justworks, among others.
- Headquarter Singapore, Singapore
- Employees 770 as on 01 Apr, 2024
- Founders Vamsi Krishna, Amritpal Singh, Sagar Khatri
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Sectors
Technology
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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 Multiplier Technologies India Private Limited
- Date of Incorporation 09 Feb, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$2.97 M (USD)0as on Mar 31, 2022
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Net Profit
$19.08 K (USD)0as on Mar 31, 2022
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EBITDA
$77.14 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$77.2 M (USD)
in 3 rounds
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Latest Funding Round
$60 M (USD), Series B
Mar 16, 2022
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Investors
Peak XV Partners
& 8 more
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Employee Count
770
as on Apr 01, 2024
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People of UseMultiplier
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Funding Insights of UseMultiplier
UseMultiplier has successfully raised a total of $77.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in March 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.
Investors in UseMultiplier
UseMultiplier has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Peak XV Partners, Tiger Global and DST Global Partners.
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Venture and private equity investments are managed with global diversification.
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Venture capital investment firm
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Venture capital firm investing in startups and providing support programs.
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Investor details for UseMultiplier
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Investments & Acquisitions by UseMultiplier
Investment portfolio details for UseMultiplier
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Financial Statements - UseMultiplier
Detailed financials for UseMultiplier
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Usemultiplier Comparisons
Peer comparison for UseMultiplier
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Competitors of UseMultiplier
UseMultiplier 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 Deel, Gusto, Payflow, Paylocity and Justworks, among others.
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Cloud-based HRMS solutions are delivered for enterprise compliance and payroll.
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Cloud-based HR and payroll solutions are offered for small businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based payroll and HR solutions are provided for businesses.
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Benefits administration and payroll management are provided for businesses.
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Real-time access to earned wages is provided fee-free.
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Detailed competitors of UseMultiplier
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Latest news on Usemultiplier
Complete news archive for UseMultiplier
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Frequently Asked Questions about UseMultiplier
UseMultiplier was founded in 2020 and raised its 1st funding round 1 year after it was founded.
UseMultiplier is headquartered in Singapore, Singapore.
Sagar Khatri is the current CEO of UseMultiplier. They have also founded this company.
UseMultiplier is a funded company, having raised a total of $77.2M across 3 funding rounds to date.
As of Apr 01, 2024, the latest employee count at UseMultiplier is 770.
Annual revenue of UseMultiplier is $2.97M as on Mar 31, 2022.
Multiplier was founded in 2020 and is headquartered in Singapore. A cloud-based platform is operated to handle payroll, compliance, employment contracts, tax payments, and employee benefits for global enterprises. Subscription-based plans are utilized for monetization. Services are extended across international operations, with a focus on HR technology in the Asia-Pacific region.
UseMultiplier has 9 investors. Key investors include Peak XV Partners, Tiger Global, DST Global Partners, Golden Gate Ventures, and MS&AD Ventures.