Multiplier, a Professional Employment Organisation (PEO) platform, has raised $4 million in a funding round led by Sequoia Capital India’s Surge. Other participants include Golden Gate Ventures, MS&AD Ventures, Picus Capital, and angel investors.
“International hiring is broken, and existing solutions are expensive, opaque, and slow. We believe that talent is everywhere, and our vision is to enable companies to hire the best person for the job, regardless of their location. We have grown exponentially since the launch, which is testament to the demand from companies — both large and small — for a simplified, international employment solution.” said Sagar Khatri, co-founder and CEO of Multiplier.
Multiplier is a new-age PEO Platform that delivers comprehensive solutions that allow organizations to employ people from anywhere globally, effectively, and with all compliance taken care of. It was founded in Singapore in 2020.
With this round of funding, Multiplier will expand their presence in the region and bring more features to customers via the Multiplier Platform.
Announcement: Multiplier Raises $4M for Global Workforce Platform