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New Deal


Announced

Completed

Tiger Global and Sequoia Capital led a $60m Series B round in Multiplier.

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

software development

enterprise management

Private

Acquisition

Software

Cross Border

Minority

Friendly

Venture Capital

India

Single Bidder

Private Equity

Synopsis

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Tiger Global and Sequoia Capital led a $60m Series B round in Multiplier, a startup that enables companies to hire and pay remote workers while complying with local laws, with participation from DST Global Partners. The funds will be used to add more features. For example, businesses can now self-register on the platform and instantly send candidates contracts and offer employee stock ownership plans. Multiplier is currently working on a crypto-payroll feature that will allow employers to pay freelancers with cryptocurrencies.

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