Multiverse has raised significant capital across multiple funding rounds, securing backing from leading firms such as General Catalyst, Lightspeed Venture Partners, and StepStone Group. The platform connects non-graduates with apprenticeship opportunities, offering AI-powered learning modules and career coaching, enabling companies to hire skilled talent while addressing workforce skills gaps.
What Is Multiverse and What Does It Do?
Multiverse, founded in 2016 by Euan Blair and Sophie Adelman, is headquartered in London, United Kingdom. The company focuses on providing professional apprenticeships and digital learning solutions to individuals without traditional university degrees.
The platform includes skills intelligence tools, personalized learning pathways, and coaching across areas like AI, data, software engineering, and business transformation. Multiverse employs between 501–1000 people and serves clients including Zoopla, Expedia, Google, Facebook, WeWork, and Hearst Magazines, operating in both the UK and US.
How Much Funding Has Multiverse Raised?
1. Seed Round
- Amount Raised: $4M
- Date: September 2018
- Lead Investors: Lightspeed Venture Partners
- Motivation: To kickstart the platform and develop initial apprenticeship programs.
2. Series A
- Amount Raised: $16M
- Date: July 2019
- Lead Investors: Index Ventures
- Motivation: To expand the team and scale operations in the UK.
3. Series B
- Amount Raised: $44M
- Date: January 2021
- Lead Investors: General Catalyst
- Motivation: To enhance the platform's AI capabilities and expand into the US market.
4. Series C
- Amount Raised: $130M
- Date: September 2021
- Lead Investors: Bond, D1 Capital Partners
- Motivation: To further expand apprenticeship offerings and increase market presence.
5. Series D
- Amount Raised: $220M
- Date: June 2022
- Lead Investors: General Catalyst, Lightspeed Venture Partners, StepStone Group
- Motivation: To accelerate US expansion and broaden the range of learning programs.
6. Venture Round
- Amount Raised: $5M
- Date: March 2024
- Motivation: To support ongoing growth and technological advancements.
Total Funding Raised: $415 Million
Current Valuation: $1.7 Billion (as of June 2022)
Latest Funding Date: May 2022
Key Investors
1. General Catalyst
- Details: General Catalyst is a venture capital firm investing in early-stage and growth-stage companies.
- Investment Focus Areas: Technology, healthcare, consumer sectors.
- Notable Investments: Airbnb, Stripe, Snap.
2. Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a multi-stage venture capital firm focusing on early-stage investments.
- Investment Focus Areas: Enterprise, consumer, health sectors.
- Notable Investments: Snap, Affirm, MuleSoft.
3. Index Ventures
- Details: Index Ventures backs ambitious entrepreneurs in technology and life sciences.
- Investment Focus Areas: Technology, life sciences.
- Notable Investments: Dropbox, Etsy, Robinhood.
Where Is Multiverse’s Headquarters?
Multiverse is headquartered in London, United Kingdom, providing access to a robust tech talent pool, strategic enterprise clients, and global market opportunities.
What’s Next for Multiverse?
Multiverse is focusing on U.S. market expansion and scaling apprenticeship programs through partnerships with companies like Cisco and Verizon. With its $220M Series D funding, the company aims to bridge digital skills gaps and provide career pathways for non-graduates. Future fundraising looks promising, though challenges include competition from traditional education providers and navigating regulatory frameworks.
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