Fundraising Fox

Multiplier Capital

Venture debt

Washington · Growth–Late Stage · 13 people tracked

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Investment thesis

Multiplier Capital operates as a growth financing platform focused on providing tailored debt solutions, primarily term loans, to rapidly growing companies that are professionally backed and tech-enabled. Leveraging the partners' combined experience of roughly 90 years, the team has invested over $1.8B across more than 180 transactions during their 20+ years working together. The firm actively seeks opportunities to lend to growth-stage companies backed by institutional investors.

Source: firm website, verified Aug 11, 2026.

Stage
Growth–Late Stage
Check
$3M – $15M
HQ
Washington, District of Columbia, US
Instruments
Debt
Founded
2012
AUM
$503M
Tracked investments
108

Team · 13 people

from the firm's website & public directories
Henry O’Connor· III, General Partnerin

What they invest in

from 60 of 108 portfolio companies

SaaS ×29AI & Machine Learning ×17Enterprise Software ×14Data & Infrastructure ×11Healthtech ×10Marketing Tech ×9Consumer ×8Digital Health ×7

HQs:United States×48Canada×1Slovenia×1

Investments · 108 tracked

founders shown can be your intro path

By year:2024 · 12021 · 32018 · 22016 · 22015 · 311 dated

Labcorplabcorp.comin𝕏NYSE: LH

Labcorp provides clinical laboratory testing, diagnostics, and lab data services for patients, healthcare providers, and biopharma companies, including genetic health panels, oncology testing, and self-ordered lab tests.

BiotechDigital HealthHealthtech

nLight Photonicsnlight.netNASDAQ: LASR

nLIGHT designs and manufactures high-power semiconductor lasers for defense systems, directed energy applications, and advanced manufacturing.

Deep TechDefense TechHardwareVancouver, US

Ray Link(Director)Jake Bell(Executive Officer)Eric DeMarco(Director)Geoffrey Moore(Director)Bill Ericson(Director)Scott H. Keeney(Executive Officer, Director)

AI Voicewellsaid.io

WellSaid is an AI voice generator and text-to-speech studio offering 120+ voices modeled on licensed recordings by real voice actors, across multiple accents, languages, and styles.

AI & Machine LearningMarketing TechSaaS

Akanaakana.comin𝕏

Akana, a Perforce product, is an API management platform that covers the full API lifecycle, including development, security, governance, mediation, integration, and analytics.

Developer ToolsEnterprise SoftwareSaaS

Altamiraaltamiracorp.comin

Altamira, a Parsons company, provides multi-intelligence solutions and operations support for national security missions, combining data science, machine learning, and software engineering.

AI & Machine LearningData & InfrastructureDefense Tech

Apogee
Apogeeitservicesapogeeitservices.com
Arroweyearroweye.comin𝕏

Arroweye provides card program services for issuers, including production and delivery of credit, debit, prepaid, and gift cards, with options such as eco-friendly card programs.

FintechChicago, US

Michael Cogan(Executive Officer)Marc Nardulli(Executive Officer)Jay W. Christopher(Director)James McGrail(Director)Dov Ingber(Director)Brian Huse(Executive Officer)

Assignarassignar.comin𝕏

Assignar develops cloud-based operations software for self-perform general contractors and subcontractors working on infrastructure projects, covering both office and field workflows.

Construction TechEnterprise SoftwareSaaSDenver, US

Sean McCreanor(CEO & Co-Founder)Marko Tomic(CTO & Co-Founder)

Aviacodeaviacode.comAug 2015

Salt Lake City, US

Jesse Bland(Director)David McClellan(Director)Jan Newman(Director)Lane Monson(Executive Officer)Michael Ramich(Director)Scott Hoch(Director)

Balihoobalihoo.comin𝕏

Balihoo provides a digital marketing platform designed for franchise businesses, enabling coordination between franchisors and franchisees through localized paid search, location marketing, and brand collaboration tools.

Marketing TechRetail TechSaaS

Blacklynxblacklynx.tech
Bridgevinebridgevine.com
Buffy
Buffy exitedbuffy.co

Buffy sells bedding products including cooling sheets, duvet covers, and comforters designed for temperature regulation and comfort.

ConsumerDirect to Consumer

Burrowburrow.comin𝕏

Burrow designs and sells modular furniture with an emphasis on quality, affordability, and fast delivery.

ConsumerE-commerceNew York City, US

Stephen Kuhl(Founder/CEO)inKabeer Chopra(Founder)inSteven Finnern(Executive Officer)

BoardTony Florence(Director)

Callfirecallfire.comin𝕏

CallFire provides text messaging and voice calling tools that businesses use to send appointment reminders, personalized bulk messages, and track advertising and lead-generation campaigns.

Marketing TechSaaSSales Tech

Care Academycareacademy.comin𝕏

CareAcademy provides training, certification, and workforce management software for healthcare providers including home care agencies, home health services, senior living facilities, and hospice organizations.

EdTechHealthtechHR TechCambridge, US

Madhuri Reddy(Executive Officer)Helen Adeosun(Executive Officer, Director)

Catchcocatchco.com
Central Logiccentrallogic.com

South Jordan, US

Scott Frazier(Director)Jan Newman(Director)Angela Franks(Director)Chad Latimer(Executive Officer)Alan Hall(Director)Darin M. Vercillo(Executive Officer, Director)

ChartSpanchartspan.comin𝕏

ChartSpan provides managed care services, including Chronic Care Management and Remote Patient Monitoring, to help healthcare providers run value-based care programs.

Digital HealthHealthtechSaaS

Chowlychowly.comin𝕏

Chowly is a restaurant technology platform that integrates third-party delivery apps with point-of-sale systems and offers bi-directional menu sync, dynamic pricing, dispute management, and AI marketing.

FoodTechSaaSChicago, US

Sterling Douglass-Barnes(Executive Officer, Director)Sterling Douglass(Co-Founder & CEO)Justin McNally(Co-Founder & Chief Innovation Officer)Joseph Lawton(Chief Operating Officer)Tom Lawton(Chief Revenue Officer)Mark Whittle(Chief Technology Officer)

Coresecuritycoresecurity.com
Coronishealthcoronishealth.com

Coronis Health provides outsourced revenue cycle management (RCM), medical coding, and billing services for healthcare organizations including community health centers, health systems, hospitals, and physician groups across the US.

Digital HealthHealthtechSaaS

Credit Sesamecreditsesame.comin𝕏

Credit Sesame provides free credit monitoring and score tracking services for consumers seeking to understand and improve their creditworthiness.

AI & Machine LearningConsumerFintechMountain View, US

Adrian Nazari(Founder)FREDERICK L.A. GRAUER(Director)DAVID POLTACK(Director)ANDREW LERNER(Director)

BoardJOHN JARVE(Director)JOHN DOUGERY(Director)

Cudasvccudasvc.com
CurseJun 2015

San Francisco, US

Jean-Francois Clavier(Director)Brian Cho(Director)Hubert Thieblot(Executive Officer, Director)Matthieu Baret(Director)Christian Thieblot(Director)

BoardHans Tung(Director)

Daz 3Ddaz3d.com𝕏
Dejerodejero.comin

Dejero develops connectivity solutions that combine multiple networks to enable reliable transmission for field operations and live reporting.

Enterprise SoftwareHardwareMedia & Entertainment

Bogdan Frusina(Founder)

Displaidisplai.aiin𝕏

Displai provides AI-powered digital signage, employee experience tools, and location analytics for brick-and-mortar enterprise brands.

AI & Machine LearningRetail TechSaaS

Dropdrop.com

Drop is a gaming collaboration hub under CORSAIR that partners with video game titles to create branded hardware and merchandise, including gaming peripherals, streaming equipment, and accessories for gamers and esports enthusiasts.

ConsumerGamingHardware

Echo 360echo360.comin

Echo360 provides learning engagement and analytics software to educational institutions and organizations.

EdTechEnterprise SoftwareSaaSReston, US

Frederick G.I. Singer(Executive Officer, Director)Jon Patty(Director)Rohit K. Seth(Director)Janet Hill(Director)Evan Morgan(Director)Anthony Abate(Executive Officer)

Endgameendgame.comin𝕏

Elastic provides endpoint security software that detects, investigates, and responds to threats using AI-driven analytics and behavior-based prevention.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareArlington, US

Mark Snell(Executive Officer)Chris Darby(Director)Kenneth A. Minihan(Director)Thomas E. Noonan(Director)Arun Gupta(Director)Nathaniel C. Fick(Executive Officer, Director)

Facetfacet.comin𝕏

Facet offers flat-fee financial planning memberships giving individuals access to CFP professionals for guidance on retirement, investing, taxes, estate planning, insurance, education, and life-stage financial goals.

ConsumerFintechBaltimore, US

ANDERSON JONES(Executive Officer, Director, Promoter)PAUL MARTIN(Executive Officer)SHRUTI JOSHI(Executive Officer)DARSHAN PATEL(Executive Officer)PATRICK MCKENNA(Executive Officer, Director, Promoter)CHRIS HUFMAN(Executive Officer)

Fireflyfireflyon.comin𝕏

Firefly operates a network of digital advertising screens on vehicles including car top displays and branded wraps on taxis and rideshare vehicles, delivering geo-targeted and contextually relevant messages to urban audiences across 60,000+ screens in the U.S. and 7 countries globally.

AdTechMarketing TechMarketplacesMobility & Transportation

Firefly Systems
Flaviarflaviar.comin𝕏

Flaviar operates a members-only club that curates and distributes rare and craft spirits from distilleries worldwide, providing consumers direct access to premium and independent producers.

B2B MarketplacesConsumerE-commerceFoodTechMarketplacesLjubljana, SI

Jugoslav Petkovic(Founder/CEO)inMatija Rijavec(Founder/Magician, Taster & CTO)inGrisa Soba(Founder)inMichael Schuster(Director)

Foodafooda.comin𝕏

Fooda operates a marketplace that brings restaurant partners and popup dining experiences directly to workplaces, allowing employees to access fresh meals from high-rated restaurants without leaving their office location.

FoodTechMarketplacesChicago, US

Orazio Buzza(Executive Officer, Director)Jason Stulberg(Executive Officer)Alex Groesbeck(Executive Officer)Susan S. Hassan(Director)William Pescatello(Director)

BoardJonathan K. Shulkin(Director)

Frontline Educationfrontlineeducation.comin𝕏

Frontline Education provides connected software for K-12 school districts, covering HR and people management (hiring, onboarding, payroll, absences, professional development), student services (special education and health documentation, compliance, reporting), and business operations (finance, purchasing, analytics, asset management).

EdTechGovTechSaaS

GoSecuregosecure.net
Gravy
Gravyanalyticsgravyanalytics.comin𝕏

Provides location intelligence products, offering real-world location data, foot traffic insights for commercial points of interest, and consumer demographic profiles.

AdTechAI & Machine LearningData & Infrastructure

Handle Financial
Headlightheadlight.healthin𝕏Feb 2018

Headlight provides mental health services in the Western U.S., offering therapy and medication management delivered by licensed clinicians through a care coordination model that emphasizes personalized matching and integrated care.

Digital HealthHealthtechMental HealthWalnut, US

Dr. Manish ShethJason Shen(Executive Officer, Director)Wayne Gerard(Executive Officer, Director)

Hillcrestlabshillcrestlabs.com
Honest Networkshonest.netin

Honest provides residential and business gigabit fiber internet service with transparent pricing and no long-term contracts.

Cloud Computing

I and Love and You
Iandloveandyouiandloveandyou.com
inMarket Mediainmarket.comin𝕏May 2021

InMarket provides a real-time marketing and measurement platform that helps brands reach consumers at the right moment and place across digital and physical channels to drive measurable business outcomes.

AdTechAI & Machine LearningMarketing TechRetail TechCulver City, US

Todd Dipaola(Chief Executive Officer, Co-Founder & Executive Chairman)Mark Dipaola(Co-Founder)Jason Knapp(Chief Legal and Privacy Officer)Deniece Kennedy(Chief Financial Officer)Mike Don(Chief Operating Officer)

InteliSecureintelisecure.comin𝕏

Greenwood Village, US

Joel Lanik(Director)Robert Dunn(Director)Charles Bloomquist(Executive Officer, Director)Tony Prince(Director)Julie Layton(Executive Officer)Gary Schlisner(Executive Officer)

Intruguard Devicesfortinet.com
Joltjolt.comin𝕏

Jolt is an operations management software for mobile devices that helps businesses in food service, retail, hospitality, and other sectors manage compliance, employee scheduling, task execution, and food safety through digital tools including checklists, temperature monitoring, labeling systems, and employee scheduling.

Enterprise SoftwareFoodTechSaaS

Jolt SoftwareJul 2021

Lehi, US

Robert Rueckert(Director)CJ Lewis(Director)Sidney John Krommenhoek(Director)Joshua Bird(Executive Officer, Director)

JOORjoor.comin𝕏

JOOR is a digital wholesale platform connecting brands and retailers globally for buying and selling fashion products.

B2B MarketplacesE-commerceRetail TechSaaSNew York, US

Kristin Savilia(Executive Officer, Director)Dan Ciporin(Director)Ed Neumann(Director)

BoardMichael Brown(Director)

Kibocommercekibocommerce.comin𝕏

KIBO provides an AI-powered, modular commerce and order management platform for B2C and B2B retailers.

AI & Machine LearningE-commerceEnterprise Software

Komprisekomprise.comin𝕏

Komprise provides analytics-driven unstructured data management and mobility software that helps enterprises analyze, tier, and move file and object data across storage systems and the cloud, including curating data for AI.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareCampbell, US

Krishna Subramanian(Executive Officer, Director, Promoter)Kumar Goswami(Executive Officer, Director, Promoter)

BoardMaha Ibrahim(Director)Lip Bu Tan(Director)

Leanplumleanplum.comin𝕏

Leanplum is a mobile marketing platform (associated with CleverTap) offering engagement and messaging tools for mobile apps.

AI & Machine LearningMarketing TechSaaSSan Francisco, US

Sunil Thomas(Co-founder & CEO)

Liftopialiftopia.com
Measurablmeasurabl.comin𝕏

Measurabl is a sustainability data platform for real estate organizations that enables measurement, management, and reporting of environmental performance across buildings and properties.

Climate TechData & InfrastructurePropTechSaaSSan Diego, US

Matt Ellis(Founder)inLance Onken(Founder)Maureen(CEO)Waters Maureen(Executive Officer)Josh Henretig(Director)David Pogue(Director)

Metromilemetromile.comJul 2018

San Francisco, US

Colin Bryant(Director)Stacy Smith(Director)Karim Hirji(Director)Carrie Dolan(Executive Officer)David Friedberg(Director)Dan Preston(Executive Officer, Director)

Exits · 5

IPOs and acquisitions across the tracked portfolio

LabcorpNYSE: LHnLight PhotonicsNASDAQ: LASRNinthdecimalacq. by InMarketScopely, Inc.acq. by Savvy Games GroupTrendkiteacq. by Cision

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Multiplier Capital invest at?
Multiplier Capital invests at the Growth, Late Stage stages.
What is Multiplier Capital's typical check size?
Multiplier Capital typically writes checks of $3M – $15M.
What sectors does Multiplier Capital focus on?
Multiplier Capital focuses on AI & Machine Learning, Consumer, Enterprise Software, Fintech, Healthtech, Media & Entertainment, SaaS.
Where is Multiplier Capital located?
Multiplier Capital is headquartered in Washington, US.

Images

Multiplier Capital photo

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