Multiply Mortgage has raised $23.5 million in a Series A round led by Kleiner Perkins. The funding will be used to enhance its mortgage benefit program for employees of partner companies.
Multiply Mortgage has raised $23.5 million in a Series A round led by Kleiner Perkins. The funding will be used to enhance its mortgage benefit program for employees of partner companies.
03/19/25, 3:13 PM
Location
san franciscoMoney raised
$23.5 million
Industry
lending
employee benefits
finance
Round Type
series a
Investors
Kleiner Perkins
Multiply Mortgage, a Denver-based startup, has secured $23.5 million in a Series A funding round led by Kleiner Perkins. The company aims to assist tech employees in accessing home purchasing solutions through its innovative mortgage benefit program. Founded in 2022, Multiply Mortgage provides resources like mortgage advisor sessions and discounted interest rates to help employees navigate the home buying process. This funding will enable the startup to expand its offerings and improve accessibility to homeownership.
Company Info
Location
san francisco, california, united states
Additional Info
Multiply Mortgage helps employees navigate the largest purchase of their lives: buying a home. Its financial wellness benefit offers mortgage interest rate discounts of up to 0.75%, unlimited 1:1s with mortgage expert advisors, and employee education sessions covering the home purchase and financing process, all with zero cost or administrative overhead for the company. Multiply is backed by Kleiner Perkins, A*, and other leading funds, founders, and operators.