# Multi Software Co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/multi-software

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.remotion.com
- Total disclosed funding: $13M
- Latest round: Series A (Oct 6, 2020)
- Investors on record: 4

## About

Multi Software Co is a US-based company specializing in video calling solutions and multiplayer collaboration tools for software development teams, enhancing productivity through real-time collaboration features.Founded in 2019, Multi Software Co is focused on creating innovative collaboration solutions for software teams. The company is headquartered in San Francisco, US. Vlad Prudnikov is noted as a key founder, with Alexander Embiricos serving as CEO. The company has successfully raised a total of USD 10.40 mn across multiple funding rounds, with its most recent being a Seed round, where it secured USD 3.00 mn led by First Round Capital on June 24, 2024.Multi Software Co. specializes in multiplayer collaboration tools designed to enhance productivity for software development teams. Their primary offering includes a platform that facilitates simultaneous screensharing, allowing up to ten users to collaborate in real-time. Key features such as shared cursors and drawing capabilities enable team members to communicate more effectively by visualizing ideas and solutions together. Additionally, the software integrates advanced functionalities like automatic deep links for quick access to shared files, AI-generated summaries for efficient communication, and action item tracking that seamlessly converts discussions into actionable tasks. This suite of tools is particularly beneficial for software teams ranging from startups to established Fortune 100 companies, primarily serving clients in North America and Europe.Multi Software Co. operates on a subscription-based revenue model, wherein clients pay for access to their collaborative tools and services. By offering tiered subscription plans, the company caters to varying needs, from individual users to larger teams requiring advanced functionalities. Their flagship product fosters efficient collaboration, and clients engage in transactions by selecting a plan that best suits their team size and collaboration requirements. Revenue is generated through direct partnerships with businesses and through individual subscriptions, with pricing structures reflecting the scope of features offered. This model supports steady income generation while enhancing user retention by providing continuous value through updates and new features.In 2024, Multi Software Co plans to expand its product offerings with new features aimed at further enhancing user collaboration and productivity. The company is targeting additional markets in Europe and Asia for its expansion plans, aiming for rollout by late 2025. The recent funding from the Seed round will be utilized to accelerate product development and market entry strategies, supporting their vision of enhancing collaboration tools for software teams globally.

## Funding rounds

- Series A, Oct 6, 2020, $10M — Greylock Partners, Product Co-op, Musha Ventures
- Seed, Oct 6, 2020, $3M — First Round Capital

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series A
- Product Co-op — Series A
- Musha Ventures (https://capitalatlas.ai/funds/musha-ventures) — Series A
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed