Multiverse has raised around 拢52 million in primary funding to drive growth across Europe.
The London firm, which achieved unicorn status in 2022 after securing a valuation of around 拢1.4 billion in a funding round, is valued at 拢1.57bn by the new strategic investment, which was led by Schroders Capital.
Originally launched as a business focused on matching people without university degrees to employers offering apprenticeships, the firm has evolved significantly in recent years.听
Its core focus is now on retraining and upskilling employees already in work – many of them mid-career professionals – with a particular focus on AI and tech adoption.
In recent months Multiverse, which works with a mix of private sector clients and public bodies, has partnered with Palantir to upskill NHS staff, launched an AI academy with Newark and Sherwood District Council, and appointed former MongoDB figure Donn D鈥橝rcy as its chief revenue officer.听
It also has strategic alliances with tech platforms Microsoft and Databricks. Atlas, its AI coaching platform, tripled daily active users in the last year.听聽聽
Participating in the latest round were existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond and StepStone Group.听
The investment will accelerate Multiverse’s expansion across Europe. It completed the acquisition of Berlin-based data and AI training company StackFuel in January 2026.听
Founded in 2016 by Tony Blair鈥檚 son Euan, earlier this year it reported a 36.3% rise in annual revenues to 拢79.6m, up from 拢58.4m the previous year; however pre-tax losses widened to 拢63.3m, compared with 拢60.6m in the prior year.听
Multiverse pointed to improving underlying performance, with its EBITDA loss narrowing from 拢61.3m to 拢59.7m, which it said reflected the fact that the business is 鈥渢rending towards profitability鈥�.听
Now it says that for the first time, it had a cash-positive quarter from January to March 2026.听
And all employees – regardless of seniority – have now been offered equity and a long-term stake in the company.
“There are companies who desperately need the benefits AI can bring. There are AI companies. What has been missing is the layer that bridges the two,” said CEO Blair.听
“This investment marks the moment Multiverse defines that category, and takes it across Europe. Getting outcomes from AI and unlocking productivity is not just a technology problem. It is a people problem. We exist to solve it.”
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Chancellor of the Exchequer Rachel Reeves said: 鈥淲e want Britain to achieve the fastest rate of AI adoption of any country in the G7 – the productivity dividend we can get from AI will grow businesses of all shapes and sizes in the UK and ensure they stay competitive.
鈥淢ultiverse is a fantastic example of a British company helping turn that ambition into reality. This investment will support its expansion across Europe, strengthening a UK firm that is competing globally and equipping people with the skills to make AI work in practice.鈥�
Michael Mclean, Head of Private Equity Technology Investments, Schroders Capital, said: 鈥淭he evolution of AI is creating transformative opportunities to drive productivity and growth across global economies.
鈥淢ultiverse is a leader in enabling this shift, helping organisations capitalise on these tailwinds. With growing momentum across Europe, Multiverse puts the focus on AI adoption, enabling employers to upskill their workforces and translate technology investment into tangible outcomes.
“High-quality businesses with the potential for transformative, sustainable growth and value creation are key fundamentals we look for. We’re therefore delighted to have led this significant fundraise as Multiverse further accelerates its growth journey.”
Growth has been driven in large part by deepening business with existing customers.听
Louise Benford, chief people officer at The AA, said: 鈥淥ur work with Multiverse has supported The AA’s AI transformation, bridging the gap between new technology and the talent needed to harness it. Multiverse has enabled skills development in areas such as data and AI, and we have seen positive engagement from colleagues participating in the programmes.鈥�
Lynsey Valentine, strategy director at Babcock, said: 鈥淢ultiverse has helped us tackle a growing complexity and volume of data by equipping our people with practical, real鈥憌orld data skills. Our teams are already applying what they鈥檝e learned to automate processes, unlock insight, and drive meaningful improvements well before graduation.鈥�
Lisa Pinfield, group director of performance & development at Capita, said: 鈥淎t Capita, we chose Multiverse because they enabled us to build critical AI and data capability at scale, in a way that is practical, inclusive and closely aligned to real business needs. The partnership has helped us turn AI ambition into real impact, equipping colleagues with future鈥慶ritical skills while strengthening performance and decision鈥憁aking across the organisation.鈥�
Patrick Gallagher, CEO at Addison Lee, said: “We are delighted with the impact of our partnership with Multiverse, which plays a vital role in Addison Lee鈥檚 ongoing digital transformation. It has been incredibly rewarding to see our colleagues at every level of the business respond with such resounding positivity toward this opportunity to learn and progress. As we navigate an increasingly complex and rapidly changing landscape, this collaboration ensures our workforce remains equipped with the essential skills to drive our business forward.”