Here’s Multiplier Holdings! They’re a Singapore-headquartered startup building AI-native professional services firms. 

• They just publicly launched, raising $27.5M in seed and Series A. 

Investor check. Lightspeed Venture Partners led the Series A round, while Ribbit Capital led the seed round.

• EDBI (the investment arm of SG Growth Capital) and SV Angel also joined in!

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🛩️ The ABCs of Multiplier

Multiplier acquires boutique service firms (such as specialized tax and accounting practices) and assists them in building custom AI solutions. 

• They hold a library of AI and workflow components developed in-house that can be tailored to suit the needs of each acquired firm. 
• Good for the firm, good for the clients. Multiplier works with the firm’s staff to create custom AI solutions while offering improved outcomes for clients. 

The proof? So far, Multiplier has already helped Citrine International Tax eliminate a large amount of highly manual work. 

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💎 Future plans

Multiplier will expand its portfolio of global businesses.

• They’ll also accelerate the development of their AI platform and grow their engineering team in Singapore and San Francisco.