Multiplier is a global employment platform that enables businesses to hire and manage employees and contractors in over 150 countries without the need for a local legal entity. The platform streamlines global payroll, compliance, and benefits management, reducing operational costs by up to 35% while ensuring adherence to local labor laws.
Funding
$60M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Expanding into new global markets requires businesses to navigate complex local labor laws, tax regulations, and payroll processes, creating significant administrative overhead and compliance risks. Establishing legal entities in each country is time-consuming and expensive, hindering rapid global expansion.
Solution
Multiplier provides a global employment platform that enables companies to hire and manage employees and contractors in over 150 countries without establishing local legal entities. The platform streamlines global payroll, benefits administration, and compliance, ensuring adherence to local labor laws and reducing operational costs. Multiplier acts as the Employer of Record (EOR), handling all aspects of local employment, including contract generation, payroll processing, tax withholdings, and benefits administration. This allows businesses to quickly access global talent while minimizing administrative burdens and ensuring compliance with local regulations.
Target Audience
Multiplier targets businesses of all sizes, from startups to enterprises, that are looking to expand their global presence and hire international talent without the complexities of establishing local entities.
Features
- Global payroll processing in multiple currencies with automated tax and social security withholdings
- Automated contract generation compliant with local labor laws
- Benefits administration, including health insurance and other employee benefits, tailored to local market standards
- Visa and immigration support for international employee relocation
- Contractor management system for compliant onboarding and payments
- Employee cost calculator for budgeting and planning global hiring expenses
- Dedicated customer success manager for personalized support and guidance
- Integration with existing HR and finance systems