# Multiplier

> Multiplier is a global employment platform that lets companies hire, onboard, pay and manage full-time employees and contractors in 150+ countries without setting up local entities. Founded in 2020 in Singapore, it bundles Employer of Record (EOR), Contractor of Record, global payroll, PEO and HRIS tooling into one dashboard, handling local labor contracts, tax, benefits and compliance so distributed teams can operate legally across borders.

- **Founded:** 2020
- **Headquarters:** Singapore (with offices in New York and India)
- **Founders:** Sagar Khatri (Co-Founder & CEO), Amritpal Singh (Co-Founder), Vamsi Krishna (Co-Founder)
- **Team size:** ~680-1,200 employees (across Singapore, New York and India)
- **Products:** Employer of Record (EOR), Global Payroll, Contractor Management & Contractor of Record, HRIS Module, US PEO (via TriNet)
- **Notable:** Raised $77.2M total including a $60M Series B led by Peak XV Partners and Tiger Global, Built 100+ owned legal entities enabling direct EOR across 150+ countries, Founder Sagar Khatri named to Forbes 30 Under 30

## Products & services

- **Employer of Record (EOR)** — Multiplier acts as the legal employer in 150+ countries via 100+ owned entities, handling contracts, payroll, benefits, tax and compliance. Standard hires onboard within 24 hours.
- **Global Payroll** — Multi-currency payroll across 120+ currencies with automated tax calculations and statutory deductions in one dashboard.
- **Contractor Management & Contractor of Record** — Compliant contracts and payments for contractors in 120+ currencies from ~$40/contractor/month, with misclassification-risk handling.
- **HRIS Module** — Employee records, time off, expenses and payslips in one place, designed to sit alongside an existing HRIS rather than replace it.
- **US PEO (via TriNet)** — US Professional Employer Organization services offered through a TriNet partnership, consolidating US and global HR under one vendor.
- **Non-Resident Employer Payroll** — Compliant payroll across ten European markets including Germany, France and the Netherlands without a local entity or full EOR.
- **Global Payroll Payments (powered by Navro)** — End-to-end cross-border payment infrastructure with one dashboard, invoice and payroll calendar for every market.

## Achievements

- Raised $77.2M total including a $60M Series B led by Peak XV Partners and Tiger Global
- Built 100+ owned legal entities enabling direct EOR across 150+ countries
- Founder Sagar Khatri named to Forbes 30 Under 30
- Reached a reported ~$400M valuation within roughly two years of founding
- Reported ~$55.7M ARR by late 2024

## Latest updates

- **2026-04** — Launched Global Payroll Payments powered by Navro, adding end-to-end cross-border payment rails with one dashboard and payroll calendar per market.
- **2025-10** — Launched Non-Resident Employer Payroll across ten European markets (including Germany, France and the Netherlands) for compliant payroll without a local entity.
- **2024** — Added US PEO capability through a TriNet partnership, consolidating US and global HR under one vendor.

## Links

- Website: https://usemultiplier.com
- LinkedIn: http://www.linkedin.com/company/usemultiplier
- Twitter/X: https://twitter.com/UseMultiplier
- Instagram: https://instagram.com/UseMultiplier
- Facebook: https://facebook.com/UseMultiplier

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Profile page: https://yespress.io/multiplier
Published by YesPress — https://yespress.io
Last updated: 2026-07-18