Multiply, an AI-powered workspace that helps individuals and teams eliminate repetitive tasks while providing 10x faster results has emerged from stealth mode. They are thrilled to announce that they have raised USD 1.8 million in a pre-seed round led by Tera VC, bringing them one step closer to their goal of providing AI superpowers to all collaborative workflows.
"We're still in the early stages of generative AI-powered end-user apps," said Stanislav Ivanov, Co-Founder, and Partner at Tera. VC.
"Multiply is addressing the universally difficult issues of productivity and collaboration. Despite the popularity of open-ended tools over the last decade, none come close to the power Multiply places in the hands of the user," added Ivanov.
Multiply is a versatile AI-first digital workspace that makes it simple to create structured workflows for any purpose. No coding is required, and the product is built on a single global graph. Individuals, teams, communities, and organizations can connect workflows seamlessly.
Multiply's founders are all serial entrepreneurs with multiple previous exits and experience building and scaling products at Advisa, Twingly, Narrative, and Plejd.
Multiply's CEO and Founder, Rasmus Adler Wahlberg, is a successful entrepreneur with a track record of building successful businesses. Nordic Capital acquired Advisa, Adler Wahlberg's previous company. He later founded My Fitness Collection, which was bought out by ClassPass, an American gym app.
Martin Källström, Multiply's Founder and Product Manager, is no stranger to success. Twingly, a blog search engine, was previously founded and led by Källström. He previously founded and led the lifelogging start-up Narrative. After working as an Entrepreneur in Residence for a venture capital firm in Bangkok and launching an eyewear start-up in New York, Källström has returned to Sweden.
Multiply's Founder and CTO, Oskar Bothius Lissheim, is also a successful entrepreneur. Plejd, which was listed on the stock exchange, was founded by him. He has since become a well-known investor and advisor to several Swedish start-ups.
The Founder team of Multiply is completed by Henrik Eneroth, the lead Architect at Multiply. Eneroth spent over a decade as a designer and service designer at the award-winning Swedish agency Antrop.
Multiply's new product is now available by invitation or waitlist at https://multiply.co
The Multiply team is excited to announce that Multiply will be launching at the Slush tech conference in Helsinki. Visitors to Slush 2022 will be the first to experience Multiply.
"Despite recent advances in AI research, the majority of us continue to waste our days on never-ending, repetitive tasks. We're stressed out from using hundreds of limiting apps that require manual work in disconnected data silos," said Martin Källström, Co-founder & CPO at Multiply.
"We've been in stealth mode for over a year, and the new product is now available but by invitation or waitlist only. Visitors to Slush 2022 in Helsinki will have the opportunity to try out Multiply firsthand," he continued.
Multiply the Stockholm-based start-up that provides artificial intelligence-powered workspaces promises to liberate individuals and teams from mundane tasks.