Multiply Raises $9.5 Million in Latest Funding Round
Multiply, a San Francisco-based company specializing in AI-powered paid media solutions for B2B companies, has announced a successful funding round, securing $9.5 million. The round, which took place on March 18, 2026, was led by Mayfield, a prominent venture capital firm.
Investors and Company Leadership
In addition to Mayfield, the funding round saw participation from other notable investors including Sorenson Capital, Google (through its Gemini and Labs divisions), HubSpot, Braze, and Instacart. This diverse group of investors highlights the growing interest in Multiply's unique approach to digital advertising.
The company was co-founded by Matt Jayson, who serves as the CEO, and Ashish Warty, who is the CTO. Together, they have developed a platform that combines expert-led strategies with AI execution to optimize LinkedIn and Google Ads for better weekly results.
Strategic Use of Funds
While specific details on the use of the new capital were not disclosed, it is expected that the funds will be used to further enhance Multiply's AI capabilities and expand their market reach. This could include investing in technology development, expanding their team, or increasing their presence in key markets.
Conclusion
Multiply's latest funding round underscores the confidence investors have in its innovative approach to B2B advertising. As the company continues to grow, it aims to provide more effective advertising solutions that leverage both human expertise and artificial intelligence.