
Total amount raised
$419 Millions
Latest funding date

Location
Multiverse has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The platform focuses on bridging skills gaps by offering professional apprenticeships and AI-powered learning solutions.
Keep reading to explore the intricacies of Multiverse's fundraising journey and the investors backing this innovative platform.
What Is Multiverse?
Multiverse, founded in 2016 by Euan Blair and Sophie Adelman, is a tech startup based in London, England. The company focuses on matching talent who have not graduated from college with apprenticeship opportunities, providing an alternative to traditional university and corporate training.
With a mission to address skills gaps in the workforce, Multiverse offers professional apprenticeships and AI-powered learning solutions. The platform includes skills intelligence tools, personalized learning pathways, and expert coaching in areas such as AI, data, transformation, and software engineering.
Currently, Multiverse employs between 501 and 1000 people, working to ensure young people have access to the best career-focused apprenticeships available. The company operates in both the United Kingdom and the United States, emphasizing diversity, equity, and inclusion in its mission.
How Much Funding Has Multiverse Raised?
- Seed Round
- Amount Raised: $4M
- Date: September 2018
- Lead Investors: Lightspeed Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the platform and develop initial apprenticeship programs.
- Series A
- Amount Raised: $16M
- Date: July 2019
- Lead Investors: Index Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and scale operations in the UK.
- Series B
- Amount Raised: $44M
- Date: January 2021
- Lead Investors: General Catalyst
- Valuation at Round: $200M
- Motivation Behind the Round: To enhance the platform's AI capabilities and expand into the US market.
- Series C
- Amount Raised: $130M
- Date: September 2021
- Lead Investors: Bond, D1 Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand the apprenticeship offerings and increase market presence.
- Series D
- Amount Raised: $220M
- Date: June 2022
- Lead Investors: General Catalyst, Lightspeed Venture Partners, StepStone Group
- Valuation at Round: $1.7B
- Motivation Behind the Round: To accelerate US expansion and broaden the range of learning programs.
- Venture Round
- Amount Raised: $5M
- Date: March 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and technological advancements.
Total Amount Raised: $419M. Current Valuation: $1.7B.
Key Investors
- General Catalyst
- Details: General Catalyst is a venture capital firm that invests in early-stage and growth-stage companies. They focus on driving positive change through their investments.
- Investment Focus Areas: Technology, healthcare, consumer sectors.
- Notable Investments: Airbnb, Stripe, Snap.
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a multi-stage venture capital firm. They focus on early-stage investments in various sectors.
- Investment Focus Areas: Enterprise, consumer, health sectors.
- Notable Investments: Snap, Affirm, MuleSoft.
- StepStone Group
- Details: StepStone Group is a global private markets investment firm. They provide customized investment solutions across various asset classes.
- Investment Focus Areas: Private equity, infrastructure, private debt, real estate.
- Notable Investments: Not publicly disclosed.
- Index Ventures
- Details: Index Ventures is a global venture capital firm. They back the most ambitious entrepreneurs in technology and life sciences.
- Investment Focus Areas: Technology, life sciences.
- Notable Investments: Dropbox, Etsy, Robinhood.
- D1 Capital Partners
- Details: D1 Capital Partners is a global investment firm. They deploy capital in both public and private markets.
- Investment Focus Areas: Technology, healthcare, consumer sectors.
- Notable Investments: Not publicly disclosed.
What's Next for Multiverse?
Multiverse stands at the cusp of significant growth opportunities, particularly in the U.S. market. With a robust $220 million Series D funding round, the company is poised to expand its apprenticeship programs, partnering with major corporations like Cisco and Verizon. This expansion aims to bridge the digital skills gap and offer career progression pathways for a diverse talent pool.
Future fundraising appears promising as Multiverse continues to scale its operations and enhance its digital platform. The increasing demand for alternative education models and digital skills training positions the company well for attracting further investment. However, challenges such as competition from traditional educational institutions and navigating regulatory requirements in different markets could pose hurdles. Ensuring the quality and effectiveness of their programs while scaling will be crucial for sustained success.
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