
Multiplier
Enables companies to manage their distributed teams via a simple dashboard while taking responsibility for local labor law compliance.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor investor investor investor investor investor investor | €0.0 | round | |
* | $60.0m Valuation: $400m | Series B | |
Total Funding | 000k |
USD | 2021 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Multiplier is a comprehensive platform that simplifies the process of managing international employment, payroll, taxes, and insurance policies. This startup primarily serves businesses that have or are looking to build global teams. It operates in the international employment and payroll market, providing a solution that allows companies to hire, onboard, pay, and manage employees from different countries all from a single platform.
Multiplier's business model is focused on making international employment easy and risk-free. It allows businesses to enter new markets without the need to incorporate a new entity, thus fast-tracking growth. It also enables companies to leverage global talent, not limiting their search to local talents. The platform ensures that employment contracts comply with local laws, and it simplifies payroll for employees around the world, covering payments in over 120 currencies.
The startup also helps businesses comply with local tax laws and handle pensions and social contributions seamlessly. It offers homogeneous and locally compliant benefits for globally distributed teams, curating best-in-class and localized insurance coverage for employees. The platform allows businesses to customize insurance policies to ensure that their international employees have similar benefits.
Multiplier is highly rated by global finance HR legal operations teams and has local business entities in over 150 countries across APAC, Europe, and the Americas. It offers a secure cloud AWS, GDPR compliant, and enterprise-class data protection policies. The platform makes the process of employing and onboarding international employees remarkably easy, with multilingual compliant contracts.
Keywords: International Employment, Payroll Management, Tax Compliance, Insurance Policies, Global Talent Acquisition, Local Law Compliance, Currency Coverage, Benefits Management, Data Protection, Multilingual Contracts.