Multiply Labs Raises $20M in Series A Funding
20 Apr, 2021
– Genesis, a low-code and no-code tools provider, raised $45m in Series B funding.
– The round was led by Accel and joined by new investors GV (formerly Google Ventures) and Salesforce Ventures, in addition to existing investors Citi, Illuminate Financial and Tribeca Venture Partners.
– The company plans to use the funding to bring the tools it has already built to a wider set of verticals that have some of the same needs to manage risk, compliance and other factors as finance — healthcare and manufacturing are two examples — as well as to continue building more into the stack.
– Genesis is not disclosing its valuation with this round.