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§ Private Profile · Paris, France
Accounting & Treasury Management Software for Web3 Teams
Multis has raised $16.0M across 3 funding rounds.
Key people at Multis.
Multis was founded in 2019 by Theophile Villard (Founder) and Thibaut Sahaghian (Founder).
Multis has raised $16.0M in total across 3 funding rounds.
We build accounting & treasury management software solutions for web3 organizations. Get accurate financial statements and automate accounting tasks across any wallets. Say goodbye to crypto hassles and focus on growing your business.
Key people at Multis.
Multis has raised $16.0M across 3 funding rounds. Most recently, it raised $7.0M Other Equity in February 2022.
Multis is an accounting and treasury management software designed specifically for Web3 teams and startups. It functions as an all-in-one banking platform that integrates both crypto and fiat (USD) financial operations, offering features such as free unlimited corporate cards, ACH and wire transfers, and instant crypto buying/selling. The product targets Web3 startups and organizations that need seamless management of their digital and traditional assets from a single app, simplifying treasury operations and spending management with the security of Gnosis Safe[3][5][7][8].
For an investment firm evaluating Multis, the company’s mission centers on providing tailored financial infrastructure for Web3 teams, enabling efficient treasury and spend management in a rapidly evolving digital asset ecosystem. Its investment philosophy would likely focus on supporting startups that bridge traditional finance and decentralized finance (DeFi), emphasizing innovation in crypto-native financial tools. Key sectors include blockchain infrastructure, crypto finance, and Web3 developer tools. Multis impacts the startup ecosystem by lowering barriers for Web3 teams to manage complex treasury needs, accelerating operational efficiency and compliance in a space often hindered by fragmented financial services.
For a portfolio company perspective, Multis builds a product that merges banking and treasury management tailored to Web3 startups. It serves crypto-native teams and organizations managing both fiat and digital assets, solving the problem of fragmented financial operations and lack of integrated spend management tools in the Web3 space. Its growth momentum is evidenced by rapid account approvals (within a day), integration with popular crypto wallets, and features that reduce the need for multiple platforms to manage crypto and fiat funds[3][7][8].
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Multis was founded by a team including Thibaut (Tee), who has a background in Web3 and fintech. The idea emerged from the challenge Web3 startups face in managing treasury and spend operations across both crypto and fiat currencies seamlessly. Recognizing the inefficiencies and risks in using multiple disconnected tools, the founders built Multis to be a unified platform that offers corporate banking services designed specifically for Web3 teams. Early traction includes quick onboarding processes and integration with Gnosis Safe for security, positioning Multis as a trusted financial partner for Web3 startups[3].
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Multis rides the wave of Web3 adoption and the increasing need for specialized financial infrastructure that bridges traditional banking and decentralized finance. The timing is critical as more startups and DAOs require compliant, secure, and efficient treasury management solutions that handle both fiat and crypto seamlessly. Market forces such as regulatory scrutiny, the growth of digital assets, and the complexity of managing multi-currency treasuries favor platforms like Multis that simplify these processes. By providing a banking experience tailored to Web3 teams, Multis influences the broader ecosystem by enabling faster scaling, better financial control, and enhanced security for crypto-native organizations[3][5].
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Looking ahead, Multis is well-positioned to expand its product offerings to include deeper integrations with DeFi protocols, enhanced automation for treasury management, and broader support for multi-entity accounting. Trends such as institutional adoption of crypto, regulatory clarity, and the rise of DAOs will shape its journey, potentially making it a foundational financial platform for Web3 enterprises. Its influence is likely to grow as it continues to lower operational friction and compliance risks for Web3 teams, helping to professionalize and scale the decentralized economy[3][5].
In summary, Multis is transforming how Web3 startups manage their finances by combining banking and treasury management into a single, secure, and user-friendly platform, addressing a critical gap in the evolving digital asset ecosystem.
Multis was founded in 2019 by Theophile Villard (Founder) and Thibaut Sahaghian (Founder).
Multis has raised $16.0M in total across 3 funding rounds.
Multis's investors include Stephanie Zhan, Diogo Mónica, Paul Veradittakit, Ryan Selkis, eFounders, Long Journey Ventures, MakerDAO, Sound Ventures, White Star Capital, Y Combinator, 2.12 Angels, Kevin Hartz.
