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.

Mar 19, 2025•9 months ago

Amount Raised

$23.5 Million

Round Type

series a

San FranciscoLendingEmployee BenefitsFinance

Investors

Kleiner Perkins

Description

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 Information

Company

Multiply Mortgage

Location

San Francisco, California, United States

About

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.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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