Meet Multiplier! This Singapore-based startup makes hiring global and remote teams super easy. Now, they've raised a $60M Series B co-led by Tiger Global and Sequoia Capital India. This takes them to a $400M valuation!

• DST Global also joined the round.

Fast movers. They raised a $13.2M Series A led by Sequoia Capital India just three months ago and a $4M seed six months ago.

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🤷🏻‍♀️  Why does it matter?

It's a struggle for companies who want to expand overseas or tap into global talent to fill roles— it's expensive and risky!

• If you want to hire a local Filipino to join your remote team, you'd need to have a Philippine business entity.
• You'd need to have tons of entities to hire a global team.

Hiring's tricky. Each country has different standards for benefits, taxes and laws— and a mistake will cost tons of $$$. Plus, you'll need multilingual contracts and to pay salaries in multiple currencies.

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🌏  Letting anyone hire globally

Forget wasting $$$ setting up foreign entities. With entities in 150+ countries, Multiplier can act as the legal employer (on paper) of your global hires.

• They also have in-house experts to help you offer competitive salaries and benefits based on local regulations and standards.
• Tapping top global talent instead of limiting themselves to a local talent pool can help companies fill roles faster.

All-in-one global HR, payroll and expenses. Everything from employment contracts and leave requests to reimbursements and payroll are all here! Plus, all payments will be 100% compliant with local laws.

• Pay your entire team in just one click in their local currencies.
• Manage and approve payslips, taxes allowances, bonuses, benefits, reimbursements, leaves, expenses and even freelancers.
• You can even offer employee stock ownership plans (ESOP) to employees, wherever they are.

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💰 What's with the $$$?

They're doubling down on international expansion, partnerships and product.

• Get ready for new features, including one that allows businesses to pay freelancers in crypto.