Startups
UK EdTech Multiverse Secures €60 Million Funding, Reaches €1.8 Billion Valuation
Multiverse, a prominent British upskilling platform specializing in AI and tech adoption, has recently secured a substantial €60 million ($70 million) in primary funding. The funding aims to facilitate the platform’s expansion across Europe, with a primary focus on ensuring that AI advancements benefit the workforce instead of displacing it.
The funding round was spearheaded by Schroders Capital, joined by existing investors such as General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group. This investment has valued Multiverse at an impressive €1.8 billion ($2.1 billion).
Euan Blair, the CEO and Founder of Multiverse, emphasized the critical role the platform plays in connecting companies in need of AI benefits with AI technology providers. This investment signifies Multiverse’s dedication to bridging the gap between AI technology and workforce productivity across Europe.
Chancellor of the Exchequer, Rachel Reeves, commended Multiverse for its contribution to accelerating AI adoption in Britain. She highlighted the importance of AI in enhancing business productivity and competitiveness, praising Multiverse for its efforts in turning AI ambitions into tangible outcomes.
Established in 2016, Multiverse has positioned itself as a leading EdTech upskilling platform for AI and tech adoption, focusing on closing skills gaps in data, AI, and other tech domains. The platform has collaborated with over 1,500 global organizations to enhance their workforce through tech skills training.
Multiverse’s strategic alliances with tech giants like Microsoft, Palantir, and Databricks have fueled its growth, with its AI coaching platform, Atlas, experiencing a significant increase in daily active users over the past year. The platform’s recent acquisition of Berlin-based data and AI training company StackFuel further solidifies its commitment to driving AI adoption.
The company reported a 50% year-over-year revenue growth, marking its third consecutive year of accelerated growth. Notably, Multiverse achieved a cash-positive quarter from January to March 2026 for the first time. As part of the funding round, all employees, regardless of seniority, have been offered equity in the company.
Michael Mclean, Head of Private Equity Technology Investments at Schroders Capital, emphasized Multiverse’s role in enabling organizations to capitalize on AI advancements for productivity and growth. He highlighted the platform’s focus on AI adoption and upskilling workforces to translate technology investments into tangible outcomes.
With businesses and governments in the UK and Europe increasing their investments in AI, Multiverse aims to address the challenge of realizing productivity gains through a skilled workforce capable of deploying technology effectively. The platform strives to close the gap between workers and tech by providing precise skills assessments and tailored upskilling recommendations.
To date, Multiverse has delivered over €2.2 billion (£2 billion) in verified ROI for more than 1,000 employers, including notable names like The AA, Capita, and Addison Lee. The platform’s collaboration with The AA has supported the company’s AI transformation by enhancing skills development in data and AI, leading to positive engagement from employees participating in the programs.
As Multiverse continues to experience significant revenue growth and demand from customers, the recent funding injection is poised to fuel further expansion and innovation. Louise Benford, Chief People Officer at The AA, praised Multiverse for its role in bridging the gap between technology and talent, facilitating the company’s AI transformation efforts.
In conclusion, Multiverse’s dedication to upskilling workforces in AI and tech adoption is evident in its strategic partnerships, acquisitions, and revenue growth. The platform’s mission to empower organizations with the necessary skills to leverage technology for productivity gains underscores its pivotal role in the evolving tech landscape.
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