Multiverse secures £175.2m in Series D funding led by StepStone Group and Lightspeed Venture Partners to expand US operations.

The financing round was co-led by StepStone Group, Lightspeed Venture Partners, and General Catalyst to scale apprenticeship programmes.
Multiverse operates an enterprise platform that maps workforce skills against business goals to deliver targeted training and AI adoption programmes.
Multiverse has secured £175.2m in a Series D funding round to accelerate its expansion in the United States and broaden its learning programmes. The investment was co-led by StepStone Group alongside returning backers Lightspeed Venture Partners and General Catalyst. Additional participation came from Founders Circle Capital, Audacious Ventures, BOND, D1 Capital Partners, GV, and Index Ventures, lifting the company total funding past the £400m mark.
Founded in the UK, the company trains professional apprentices through tuition-free programmes spanning software engineering, digital marketing, and data analytics. The fresh capital will support initiatives aimed at closing workplace digital skills gaps and creating inclusive routes into modern employment sectors.
From the founder
"The Multiverse journey so far has been characterized not only by rapid growth, but also by creating a real and actionable solution to the challenges of diversity in the workplace,"
Jeremy Duggan
President and Board Member at Multiverse
Investor perspective
"Apprenticeships can help thousands of companies better train workers for the jobs needed to thrive in the age of digital transformation,"
Hunter Somerville
Partner, StepStone Group
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
Hunter Somerville
StepStone Group

Lightspeed

General Catalyst
Founders Circle Capital
Audacious Ventures
BOND
D1 Capital

GV

Index
Categories
About the company

Multiverse
Multiverse provides workforce training and AI adoption infrastructure for corporate clients.