# Multiply funding: rounds and investors

> Multiply has raised $29M across 5 rounds since 2005. Investors include TransCosmos, Octopus Ventures and VantagePoint Capital Partners.

Source: https://millionrounds.com/company/multiply (Millionrounds; every figure on the page links to its filing or article)

Indonesia · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Multiply*

5 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$29M** raised across 5 rounds since 2005, from 5 sources

**$2.0M** Series A **$3.0M** Series A **$17M** Series B **$5.0M** Venture **$2.7M** Venture

- **Latest round:** Venture, $2.7M Jun 2018
- **Biggest round:** $17M Series B · Aug 2007
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2005 2007 2009 2011 2013 2015 2017

**$2.0M** Series A

**$3.0M** Series A

**$17M** Series B

**$5.0M** Venture

**$2.7M** Venture

- **First round:** Series A, $2.0M
- **Biggest round:** $17M
- **Usual gap between rounds:** 16 months

## The rounds

- **Jun 2018** Venture **$2.7M** *2 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Portage Ventures](https://millionrounds.com/fund/portage-vc) Source recorded
- **Nov 2008** Venture **$5.0M** *1 new* [ABS-CBN GLOBAL LTD.](https://millionrounds.com/fund/abs-cbn-global-ltd) Reported by paidcontent.org
- **Aug 2007** Series B **$17M** *2 new* *1 returning* [VantagePoint Capital Partners](https://millionrounds.com/fund/vantagepoint-capital-partners) [Point Judith Capital](https://millionrounds.com/fund/point-judith-capital) [TransCosmos](https://millionrounds.com/fund/transcosmos) Reported by techcrunch.com
- **Jul 2006** Series A **$3.0M** *1 returning* [TransCosmos](https://millionrounds.com/fund/transcosmos) From a historical funding record
- **Nov 2005** Series A **$2.0M** *1 new* [TransCosmos](https://millionrounds.com/fund/transcosmos) From a historical funding record

## Founders and team

From Multiply's own website: 8 on the team.

- **Michael Blend** Chief Executive Officer
- **Chuck Ursini** President
- **Avi Raju** Chief Product Officer
- **Beth Sestanovich** Chief People Officer
- **Brian Coppola** Chief Ad Operations Officer
- **Chris Testa** Chief Technology Officer
- **Tridivesh Kidambi** Chief Financial Officer
- **Daniel Weinrot** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2005 **Series A** 2006 **Series B** 2007 **Venture** 2008 **Venture** 2018 [TransCosmos](https://millionrounds.com/fund/transcosmos) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [VantagePoint Capital Partners](https://millionrounds.com/fund/vantagepoint-capital-partners) [Portage Ventures](https://millionrounds.com/fund/portage-vc) [Point Judith Capital](https://millionrounds.com/fund/point-judith-capital) [ABS-CBN GLOBAL LTD.](https://millionrounds.com/fund/abs-cbn-global-ltd)

## The exit

Exit Buyer Price When

Acquired [Naspers](https://millionrounds.com/fund/naspers) undisclosed Sept 2010

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=multiply).

## Everyone who backed them

[TransCosmos](https://millionrounds.com/fund/transcosmos) VC firm **3** rounds

[Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **1** round

[VantagePoint Capital Partners](https://millionrounds.com/fund/vantagepoint-capital-partners) VC firm **1** round

[Portage Ventures](https://millionrounds.com/fund/portage-vc) VC firm **1** round

[Point Judith Capital](https://millionrounds.com/fund/point-judith-capital) VC firm **1** round

[ABS-CBN GLOBAL LTD.](https://millionrounds.com/fund/abs-cbn-global-ltd) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=multiply).

## Quick answers about Multiply

### Who invested in Multiply?

Multiply's investors include TransCosmos, Octopus Ventures, VantagePoint Capital Partners, Portage Ventures and Point Judith Capital, and 1 more on record.

### How much has Multiply raised?

Multiply has raised $29M across 5 rounds since 2005.

### When did Multiply last raise?

Multiply's most recent round was a Venture of $2.7M in Jun 2018.

### What was Multiply's biggest round?

Multiply's largest round on record is $17M (Series B), in Aug 2007.

### Who backed Multiply first?

Multiply's first round on record, in Nov 2005, was backed by TransCosmos.

### What stage is Multiply at?

Multiply's latest named round is a Venture, in Jun 2018.

### Where is Multiply based?

Multiply is based in Indonesia.

## Companies like Multiply

In the same sector, and raised in the last eighteen months.

[**Ajaib** $425M · Oct 2026](https://millionrounds.com/company/ajaib)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)

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