Multiverse Raises $70M, Valued at $2.1B for AI Upskilling

Multiverse has successfully closed a significant funding round, raising $70 million and achieving a commanding $2.1 billion valuation. This capital infusion, led by Schroders Capital, with crucial backing from existing partners including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group, is earmarked to fuel the company's aggressive expansion across the European continent. The move comes as businesses grapple with an escalating demand for advanced AI and digital competencies within their workforces.

The latest funding round signifies a substantial leap from Multiverse's previous financing, boosting its valuation by $400 million. This growth trajectory is underscored by the company's impressive financial performance, reporting a robust 50% year-over-year revenue increase. Furthermore, Multiverse achieved a significant operational milestone, marking its first cash-positive quarter between January and March 2026, demonstrating strong financial discipline alongside rapid scaling.

Positioning itself as a critical "AI adoption layer," Multiverse addresses the widening chasm between corporate AI investment and employee skillsets. The platform meticulously assesses existing workforce capabilities against strategic business objectives, subsequently architecting tailored AI, data, and digital upskilling programs. This approach has yielded tangible results, with the company reporting over £2 billion in verified return on investment for more than 1,000 employers, including prominent clients like Babcock, The AA, Capita, and Addison Lee.

This latest funding follows a strategic acquisition earlier this year of Berlin-based AI and data training firm StackFuel, signaling Multiverse's intent to consolidate its market position and broaden its technological and geographical reach. The company has also fortified key strategic alliances with technology giants such as Microsoft, Palantir, and Databricks. Complementing these efforts, Multiverse's proprietary AI coaching platform, Atlas, has seen a threefold increase in daily active users over the past twelve months, highlighting user engagement and platform efficacy.

The investment aligns with broader market trends indicating a surge in AI adoption. Research suggests AI spending in the UK and Europe has doubled within the last year, yet many organizations struggle to translate these investments into measurable productivity gains due to a lack of skilled personnel. Multiverse's CEO and Founder, Euan Blair, emphasized this critical gap, stating, “Getting outcomes from AI and unlocking productivity is not just a technology problem. It is a people problem. We exist to solve it.”

Michael Mclean, Head of Private Equity Technology Investments at Schroders Capital, expressed confidence in Multiverse's strategic positioning, noting, “Multiverse is a leader in enabling this shift, helping organisations capitalise on these tailwinds.” The company's focus on practical application is echoed by clients like The AA, whose Chief People Officer, Louise Benford, highlighted how Multiverse's programs have facilitated AI transformation by developing essential data and AI skills among employees.