Multiply Mortagage, a Denver, CO-based financial technology company making homeownership accessible through employer benefits, raised $23.5M in Series A funding.
The round was led by Kleiner Perkins. A*, Box Group, Mischief, and Workshop also participated, bringing the total funding to $27M.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2022 and led by CEO Michael White, Multiply partners directly with employers to offer mortgages as a benefit. To this end, it is building an AI-native mortgage origination platform paired with expert mortgage advisors to help employees to buy 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.
FinSMEs
19/03/2025