4 years ago

UK Edtech Startup Multiverse Raises $130M, Nears Unicorn Status

  • Multiverse, a UK-based education technology company, has raised $130 million in a Series C funding round led by D1 Capital Partners and BOND

  • The company, founded by Euan Blair, offers professional apprenticeships as an alternative to traditional university education

  • The new funding will be used to fuel the company's expansion in both the UK and the US

  • Multiverse has experienced significant growth, partnering with over 300 companies and achieving a valuation of $875 million.

      • ProblemEducation

      "Companies struggle to find and develop the right talent, especially in tech, leading to a skills gap and hindering growth. Traditional education pathways don't always equip individuals with the specific skills employers need, while opportunities remain unequally distributed."

      Solution

      "Multiverse provides an alternative to university and corporate training through professional apprenticeships. They connect talented individuals, regardless of background, with top companies for paid, on-the-job training in tech and digital skills, leading to high-demand careers and increased diversity in the workforce."

      Covered on