Multiverse Revenue, Valuation, Funding & Investors

Multiverse is valued at $2.1B as of May 2026.

Last Multiverse valuation

$2.1B

Undisclosed stage · May 2026

Last Multiverse funding round

$70M

Undisclosed stage · May 2026

Multiverse revenue

$13M

Series C · Sep 2021

Key investors in Multiverse

  • Lightspeed Venture Partners
  • Index Ventures
  • General Catalyst
  • GV
  • D1 Capital Partners
  • Bond

Multiverse Overview

About Multiverse

Multiverse is a workforce upskilling platform specializing in apprenticeships for AI, data, cloud engineering, and software development roles. It serves over 1,500 partner organizations across the United States and United Kingdom, including enterprises like Microsoft, Salesforce, and Barclays. London-headquartered since its 2016 founding, Multiverse delivers degree-level programs that blend online learning with on-the-job training for workers at any career stage. Participants have generated more than $2 billion in return on investment for employers by boosting productivity in tech adoption projects. The platform expanded into Ireland in 2023 and supports scalable hiring through its Multiverse Academy.


Founded

2016

HQ

United KingdomLondon

Status

Privately held

Customer focus

B2B

Revenue model

Services

Revenue

$13M (Sep 2021)

Valuation

$2.1B (May 2026)

Multiverse Valuation

Multiverse is currently valued at $2.1B, based on its undisclosed-stage round in May 2026.

The $70M round was led by Schroders Capital, with participation from General Catalyst, Index Ventures, StepStone Group, Lightspeed Venture Partners, D1 Capital Partners and 1 other investor.

Multiverse's valuation has grown 11x from $200M at its Series B in January 2021 to $2.1B in May 2026, across 4 priced rounds.

Multiverse valuation by funding round

Revenue multiple
Multiverse valuation by funding round
DateStageValuationRevenue Multiple
May 2026Undisclosed stage$2.1B-
Jun 2022Series D$1.7B-
Sep 2021Series C$875M67.3x
Jan 2021Series B$200M-

Multiverse Revenue

Multiverse's latest recorded revenue is $13M, as of its Series C in September 2021. At a $875M valuation, that implies a 67.3x revenue multiple.

Multiverse revenue by funding round

Multiverse revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Sep 2021$13M$875M67.3xSeries C

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Multiverse Funding History

Multiverse has raised a total of $484M across 6 funding rounds.

Multiverse's first fundraising round was a $4M seed round in September 2018. The most recent completed round was a $70M undisclosed-stage round in May 2026.

Multiverse funding rounds

Multiverse funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2026Undisclosed stageSchroders Capital (lead); General Catalyst; Index Ventures; StepStone Group; Lightspeed Venture Partners; D1 Capital Partners; Bond$70M$2.1BMultiverse raised $70 million in primary funding led by Schroders Capital at a $2.1 billion valuation. The round included participation from existing investors General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group. The financing was structured as primary capital, and all employees were offered equity and a long-term stake in the company as part of the round. The company said the new capital will support growth across Europe and further development of its enterprise training platform as demand for AI-related skills rises among large organizations. The valuation increased by $400 million versus the prior round, and the company said revenue grew 50% year over year and has accelerated for three consecutive years. The funding comes after its StackFuel acquisition and supports its push to position itself as a pan-European AI adoption platform. Multiverse is a London-founded upskilling platform for AI and tech adoption led by Euan Blair. It serves employers seeking workplace AI and data training and has built a commercial base in enterprise learning. Total funding raised to date is about $570 million, and the company has used the latest round to reinforce its expansion across Europe and broaden its AI and data training offering.
Jun 2022Series DGeneral Catalyst (lead); Lightspeed Venture Partners (lead); StepStone Group (lead); Index Ventures; GV; Caroline Hudack; Haystack; Founders Circle Capital; Audacious Ventures; D1 Capital Partners; Mike Hudack; Bond$220M$1.7BMultiverse, founded in 2016 in the UK by Euan Blair and co-headquartered in New York, provides tech-powered apprenticeships as an alternative to university and corporate training, targeting diverse talent for roles in digital transformation. The company partners with over 300 businesses including Cisco, Google, Verizon, and Box to close skills gaps, offering one-on-one coaching, applied learning, and career progression programs. It launched in the US in January 2021 and operates in cities like New York, Atlanta, Dallas, Phoenix, Boston, and the Bay Area. On June 8, 2022, Multiverse closed a $220 million Series D funding round at a post-money valuation of $1.7 billion, doubling its prior $875 million valuation from the $130 million Series C eight months earlier. The round was co-led by StepStone Group, Lightspeed Venture Partners, and General Catalyst, with participation from Founders Circle Capital, Audacious Ventures, BOND, D1 Capital Partners, GV, and Index Ventures, bringing total funding over $400 million. Investors included Caroline Hudack and Mike Hudack via related entities. The capital aims to accelerate US expansion, broaden learning programs, and enhance technology for managing apprenticeships in expanding roles like software engineering, which saw 260% year-over-year enrollment growth and over 85% completion rates. Despite COVID challenges, Multiverse's customer base grew ninefold in two years, serving over 1,500 companies and 22,000 learners across UK and US by later reports. The company had around 600 employees at the time, with 100 US-based, and was hiring for nearly 100 roles. Multiverse positions apprenticeships as equitable and affordable, addressing US workforce gaps where two-thirds lack college degrees but 65% of jobs require them. The round underscores investor confidence in its model for democratizing career access amid urgent needs for skilled talent in digital economies.
Sep 2021Series CBond (lead); D1 Capital Partners (lead); General Catalyst; Index Ventures; GV; Haystack; Audacious Ventures; Latitude; Lightspeed Venture Partners; SemperVirens Venture Capital$130M$875MMultiverse is a UK-based edtech company founded in 2016 by Euan Blair and Sophie Adelman, operating a platform that matches non-graduate talent with apprenticeship opportunities at major companies, combining paid work, 1:1 coaching, and tech-driven training in fields like data science, software engineering, business operations, and finance. It partners with over 300 clients including Google, Facebook, Morgan Stanley, KPMG, Citi, Microsoft, Adyen, and the NHS, having trained more than 5,000 apprentices and alumni by September 2021. The company rebranded from White Hat, expanded to the US with a NYC office in early 2021, and aimed to rival elite university experiences while promoting social mobility and workforce diversity. On September 28, 2021, Multiverse closed a $130 million Series C funding round co-led by D1 Capital Partners and BOND, with participation from prior investors like General Catalyst, GV, Index Ventures, Lightspeed Venture Partners, Audacious Ventures, Latitude, and SemperVirens Venture Capital. The round brought total funding to $194 million and valued the company at $875 million post-money, up from prior estimates of around $164-200 million after its $44 million Series B in January 2021. Funds were earmarked for growth in the US and UK, including new programs, hiring (with 80 tech roles open), and scaling apprenticeship offerings. At the time, Multiverse reported £10.1 million in revenues for the fiscal year ended March 31, 2021, alongside a £10.9 million loss, reflecting rapid four-fold growth in the prior year. It maintained about 300 customers and focused on equitable access to high-growth careers, positioning against traditional university paths and in-house training amid tech industry talent shortages. Subsequent rounds included a $220 million Series D in June 2022 at a higher valuation.
Jan 2021Series BGeneral Catalyst (lead); Index Ventures; GV; Audacious Ventures; Latitude; Lightspeed Venture Partners; Jeremy Darroch; Anne Wojcicki; John Thompson; SemperVirens Venture Capital; 23andMe$44M$200MMultiverse is a UK-based edtech platform founded in 2016 that connects non-graduates with apprenticeship opportunities, offering AI-powered learning modules, career coaching, and upskilling programs in areas like AI, data, engineering, and leadership to address workforce skills gaps. It serves companies seeking to hire skilled talent without traditional degrees, with clients including Google, Facebook, Morgan Stanley, NHS, Mixpanel, and Adyen. Prior to Series B, Multiverse completed a $4 million seed round in September 2018 led by Lightspeed and a $16 million Series A in July 2019 led by Index Ventures to build the platform and grow in the UK. The Series B round in January 2021 raised $44 million led by General Catalyst, with participation from investors like GV, Index Ventures, Lightspeed Venture Partners, Audacious Ventures, Latitude, and SemperVirens, aimed at scaling operations, enhancing AI capabilities, expanding apprenticeship offerings, and entering the US market. The subsequent Series C in September 2021 raised $130 million led by D1 Capital Partners and BOND at an $875 million valuation, reflecting rapid expansion with 5,000 apprentices and alumni and about 300 customers. The Series D in June 2022 raised $220 million led by General Catalyst, Lightspeed, and StepStone at a $1.7 billion valuation to accelerate US growth and broaden programs, bringing total funding to around $415-419 million across six rounds. Later rounds show strong growth trajectory in the apprenticeship and upskilling market.
Jul 2019Series AIndex Ventures (lead); Salesforce Ventures; Village Global; Wendy Tan White; Lightspeed Venture Partners; Anil D. Aggarwal$16M-Multiverse raised $16 million in its Series A funding round in July 2019, led by Index Ventures, with participation from Lightspeed Venture Partners and others. The funding aimed to expand the platform's reach and enhance apprenticeship programs. Previously, the company completed a $4 million seed round in September 2018 led by Lightspeed Venture Partners to develop initial apprenticeship training offerings. Multiverse provides high-quality education and training through a unique apprenticeship model, initially operating in the UK under the name WhiteHat before expanding to the US. Clients included major companies such as Facebook, Morgan Stanley, KPMG, and Microsoft, spanning qualifications in digital marketing, project management, software engineering, and data analysis.
Sep 2018SeedLightspeed Venture Partners (lead); Village Global; Wendy Tan White; Anil D. Aggarwal$4M-Multiverse raised $4 million in a seed round in September 2018 led by Lightspeed Venture Partners, with the valuation not publicly disclosed. Other investors included Anil D. Aggarwal, Village Global, and Wendy Tan White. The funding supported kicking off the apprenticeship training platform and developing initial offerings.

Who has invested in Multiverse?

23 investors have backed Multiverse across its funding rounds, including Lightspeed Venture Partners, Index Ventures, General Catalyst, GV, D1 Capital Partners and Bond.

Lead investors include Schroders Capital, General Catalyst, Lightspeed Venture Partners, StepStone Group, Bond and 2 other investors.


Multiverse Investors

Investors in Multiverse by funding rounds participated
InvestorHQRoundsRoleFirst check
Lightspeed Venture PartnersUnited StatesSan Francisco, CA6LeadSep 2018
Index VenturesUnited KingdomLondon5LeadJul 2019
General CatalystUnited StatesSan Francisco, CA4LeadJan 2021
GVUnited StatesSan Francisco, CA3ParticipantJan 2021
Audacious VenturesUnited StatesSan Francisco, CA3ParticipantJan 2021
D1 Capital PartnersUnited StatesNew York City, NY3LeadSep 2021
BondUnited StatesSan Francisco, CA3LeadSep 2021
Village GlobalUnited StatesLos Angeles, CA2ParticipantSep 2018
StepStone GroupUnited StatesNew York City, NY2LeadJun 2022
Wendy Tan WhiteUnited KingdomLondon2ParticipantSep 2018
HaystackUnited StatesSan Francisco, CA2ParticipantSep 2021
LatitudeUnited KingdomUnited Kingdom2ParticipantJan 2021
Anil D. AggarwalUnited StatesNew York City, NY2ParticipantSep 2018

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Acquisitions by Multiverse

Multiverse has acquired 3 companies to date.

Last acquisition by Multiverse was on January 27th 2026. Multiverse acquired StackFuel for undisclosed valuation.


Latest Acquisitions by Multiverse

StackFuel
Searchlight
Eduflow
Description
StackFuel is a Berlin-based provider of corporate upskilling programs in data literacy, data science, and AI. It partners with Telefónica, Deutsche Bahn, Daimler, BMW, IAV, and Axel Springer to deliver self-paced online courses featuring cloud-based coding environments and real industry datasets. Participants build algorithms for business applications, addressing digital transformation skill shortages across Europe.
Searchlight is a San Francisco-headquartered talent assessment platform that integrates reference checks, self-assessments, and post-hire performance data to predict employee success. Its People Science Engine analyzes outcomes like enablement, performance, and belonging to identify competencies and soft skills for better hiring. The company serves enterprises including Fortune 500 firms in tech and finance, processing millions of assessments annually. Searchlight raised $30 million in Series A funding in 2022 to expand its AI-driven analytics.
Eduflow is a versatile learning management system for creating courses, cohorts, and communities online. Copenhagen-based, it powers programs for companies like Google and universities with features including assignments, forums, and progress tracking. The platform scales for corporate training and higher education bootcamps serving thousands of learners.
HQ CountryGermanyUnited StatesDenmark
HQ City
Berlin
San Francisco, CA
Copenhagen
Deal Date27 Jan 20268 Apr 202422 May 2023
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Multiverse Competitors

Multiverse competitors include listed companies like Alef Education, Youdao and COL Global, and private ones like Guild, UpGrad and Zhangmen.

Public and private companies comparable to Multiverse
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GuildUnited StatesDenver, COPrivate--$4.4B-
UpGradIndiaMumbaiPrivate$257M-$2.3B8.8x
Alef EducationUAEUAEPublicly listed$210M$150M$1.9B7.8x
YoudaoChinaChinaPublicly listed$881M$29M$1.7B2.0x
COL GlobalChinaChinaPublicly listed$247M($78M)$2.6B8.9x
ZhangmenChinaShanghaiPrivate--$1.6B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Perdoceo Education$846M$239M1.7x1.7x6.0x5.4x
Alef Education$210M$150M8.2x7.8x11.5x11.1x
Strategic Education$1.3B$226M1.4x1.4x7.8x6.2x
Offcn Education Technology$334M$72M5.9x5.7x27.4x23.5x
Youdao$881M$29M2.1x2.0x63.1x33.8x
John Wiley & Sons$1.7B$405M2.2x2.2x9.3x8.3x
McGraw Hill$2.1B$613M2.4x2.3x8.1x6.5x
Advtech$574M$155M3.0x2.9x11.3x10.2x

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Common questions about Multiverse

When was Multiverse founded?Multiverse was founded in 2016.
Where is Multiverse headquartered?Multiverse is headquartered in London, United Kingdom.
Is Multiverse publicly listed?No, Multiverse is a private, VC-backed company.
What is Multiverse's valuation?Multiverse was last valued at $2.1B in its undisclosed-stage round in May 2026.
How much funding has Multiverse raised?Multiverse has raised $484M across 6 funding rounds.
What was Multiverse's last funding round?Multiverse's last funding round was a $70M undisclosed-stage round in May 2026, led by Schroders Capital.
Who are Multiverse's investors?Multiverse's investors include Lightspeed Venture Partners, Index Ventures, General Catalyst, GV, Audacious Ventures, D1 Capital Partners, Bond, Village Global, StepStone Group, Wendy Tan White and 13 others.
What is Multiverse's revenue?Multiverse's latest recorded revenue is $13M (September 2021).
What is Multiverse's revenue multiple?Multiverse's latest valuation implies a 67.3x revenue multiple ($875M valuation on $13M of revenue).
Which companies are comparable to Multiverse?Companies comparable to Multiverse include Guild, UpGrad, Alef Education, Youdao, COL Global and Zhangmen.
How many companies has Multiverse acquired?Multiverse has acquired 3 companies, including StackFuel, Searchlight and Eduflow.

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