What does Multiplier Holdings do?
Multiplier Holdings builds AI-native professional services firms by acquiring specialized tax and accounting practices and transforming them with custom AI solutions. The company develops a proprietary library of AI and workflow components to automate critical tasks and enhance efficiency.
How much did they raise?
The company raised $27.5M in a combined Seed and Series A round, with Lightspeed Venture Partners leading the Series A and Ribbit Capital, EDBI, and SV Angel participating in the Seed round.
What are their plans for the money?
With the new funds, Multiplier Holdings plans to expand its operations and development efforts, accelerating the integration of AI technologies into its acquired firms to drive scalability, productivity, and improved outcomes for clients and employees.
What have they achieved so far?
Multiplier Holdings has already developed a robust library of in-house AI tools that have been successfully implemented in its portfolio firms, improving efficiency and setting the stage for further innovation and growth.