In a groundbreaking development for the accounting industry, Multiplier, a startup founded by a former Stripe executive, has successfully raised $27.5 million in seed and Series A funding. Announced on June 18, 2025, this significant investment is set to propel the company's mission of transforming traditional accounting practices through innovative AI technology.
The funding rounds were led by prominent venture capital firms Lightspeed and Ribbit Capital, underscoring strong investor confidence in Multiplier's vision. Established in late 2022 by Noah Pepper, the company aims to enhance the scalability and profitability of boutique tax and advisory firms by integrating custom AI solutions.
Multiplier's unique approach involves acquiring specialized professional services firms and leveraging artificial intelligence to streamline complex accounting tasks, such as tax roll-ups. This strategy not only improves efficiency but also positions the company as a leader in the rapidly evolving fintech landscape.
With this fresh capital, Multiplier plans to expand its operations and further develop its AI-native platforms tailored for professional services. The focus will be on delivering cutting-edge tools that empower smaller firms to compete with larger players in the market.
Noah Pepper, drawing from his experience at Stripe, envisions Multiplier as a catalyst for digital transformation in accounting. He emphasized the potential of AI to automate mundane tasks, allowing professionals to focus on strategic advisory roles that add greater value to clients.
As Multiplier Holdings officially launches with this funding, industry experts anticipate a ripple effect across the sector, with AI-driven solutions becoming a cornerstone of modern accounting practices. This investment marks a pivotal moment for Multiplier and sets the stage for future innovations in the field.
Andrew Lee
