Key Takeaways
- • Multiverse, founded by Euan Blair, raised $70 million at a $2.1 billion valuation to expand AI workforce training across Europe, bringing total funding to approximately $570 million since its 2016 launch.
- • Schroders Capital led the funding round, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, Index Ventures, BOND, StepStone Group, and D1 Capital Partners.
- • The London-based upskilling platform works with over 1,500 organizations and 22,000 enrolled learners, positioning itself to address enterprise demand for AI adoption through employee reskilling rather than workforce replacement.
- • Multiverse's model delivers apprenticeship-style training in AI, data, and digital skills with employer-partnered learning pathways, tracking an aggregate return on investment of over £2 billion for customers through productivity and efficiency gains.
- • Capital deployment targets European market expansion as employers increasingly prioritize clearer returns from workplace AI investment and manage skills gaps in AI adoption.
Summary
Multiverse, the London-based AI and tech upskilling platform, has secured $70 million in funding at a $2.1 billion post-money valuation, according to multiple sources covering the transaction dated May 18, 2026. The round was led by Schroders Capital with participation from established backers including General Catalyst, Lightspeed Venture Partners, Index Ventures, BOND, StepStone Group, and D1 Capital Partners. This capital raise brings the company's total funding since its 2016 inception to approximately $570 million.
Founded by Euan Blair and Sophie Adelman, Multiverse delivers workplace-based training programs in AI, data analytics, and digital skills to enterprise clients. The company operates an apprenticeship-style model that combines on-the-job training with AI-enabled platform technology to track learner progress and customize content delivery. Programs typically span 13 months and are designed to map organizational capability gaps, identify skills requirements, and architect structured learning pathways aligned with business objectives. The approach deliberately emphasizes reskilling existing workforces to manage AI adoption rather than replacing roles, addressing automation, productivity tool deployment, and data analysis competencies.
Current operational scale demonstrates material market traction: Multiverse serves over 1,500 organizations with approximately 22,000 active learners across its platform. The client roster includes marquee names such as Microsoft, Mars, and John Lewis Partnership. The company reports having delivered more than £2 billion in tracked return on investment to customers through measured productivity and efficiency gains, a quantifiable metric important to institutional buyers evaluating training ROI.
The capital deployment will specifically support geographic expansion across European markets at a time when employer demand for AI skills development is rising. Michael Mclean, Head of Private Equity Technology Investments at Schroders Capital, noted the investment targets "high-quality businesses with the potential for transformative, sustainable growth and value creation," signaling confidence in Multiverse's expansion thesis in a region where AI adoption remains inconsistent across industries and organizational maturity levels.
Founded by Euan Blair and Sophie Adelman, Multiverse delivers workplace-based training programs in AI, data analytics, and digital skills to enterprise clients. The company operates an apprenticeship-style model that combines on-the-job training with AI-enabled platform technology to track learner progress and customize content delivery. Programs typically span 13 months and are designed to map organizational capability gaps, identify skills requirements, and architect structured learning pathways aligned with business objectives. The approach deliberately emphasizes reskilling existing workforces to manage AI adoption rather than replacing roles, addressing automation, productivity tool deployment, and data analysis competencies.
Current operational scale demonstrates material market traction: Multiverse serves over 1,500 organizations with approximately 22,000 active learners across its platform. The client roster includes marquee names such as Microsoft, Mars, and John Lewis Partnership. The company reports having delivered more than £2 billion in tracked return on investment to customers through measured productivity and efficiency gains, a quantifiable metric important to institutional buyers evaluating training ROI.
The capital deployment will specifically support geographic expansion across European markets at a time when employer demand for AI skills development is rising. Michael Mclean, Head of Private Equity Technology Investments at Schroders Capital, noted the investment targets "high-quality businesses with the potential for transformative, sustainable growth and value creation," signaling confidence in Multiverse's expansion thesis in a region where AI adoption remains inconsistent across industries and organizational maturity levels.
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