Multiplier Holdings launches with $27.5m

Multiplier Holdings, a technology company focused on building AI-native professional services firms, has publicly launched with $27.5m in Seed and Series A funding.

The Series A round was led by Lightspeed Venture Partners, with participation from Ribbit Capital, which led the Seed round, alongside EDBI and SV Angel.

The company acquires specialised professional services firms, such as tax and accounting practices, and integrates custom AI solutions to enhance scalability and profitability.

Multiplier said its in-house library of AI and workflow components is tailored to each acquired firm’s needs, automating time-consuming tasks to boost efficiency, productivity, and growth while improving client and employee experiences.

Justin Overdorff Partner at Lightspeed Venture Partners said: “Vertical SaaS might not be the best path to modernise an industry.

“Building an AI-native professional services platform from the ground up creates the most technological leverage and captures more incentive alignment between domain and technology experts than traditional SaaS.

“The Multiplier approach—an AI-first software company acquiring existing service firms to compete directly in the services business by using proprietary technology—allows us to elevate the client and staff experience in a radical way.”

As a long-term owner, Multiplier embeds its technology directly into the firms it acquires, offering technical support and developing customised AI-driven solutions alongside staff.

In its first eight months, Multiplier’s AI-powered platform enabled Citrine International Tax to increase cash flows by approximately 2.5 times and reduce manual work significantly.

Performance bonuses were shared with staff, while clients received enhanced services.

Multiplier Holdings CEO and former Stripe executive Noah Pepper said: “We believe the market will reward players who compete on technology-enabled client service through an integrated platform of people and tech.

“While our portfolio firms maintain operational independence, we align incentives across all stakeholders—from Multiplier leadership to firm leaders and staff—creating hybrid technology firms with exceptional client service, automation, and quality that traditional firms using off-the-shelf AI solutions simply cannot match.”

"Multiplier Holdings launches with $27.5m" was originally created and published by International Accounting Bulletin, a GlobalData owned brand.

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.