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 builds an alternative to university education by offering professional apprenticeships that bridge digital skills gaps. The organisation provides structured training programmes combined with on-the-job experience.
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
"Mandating degrees, and making admissions officers the gatekeepers for great careers, means leaving out thousands of talented individuals,"
Euan Blair
CEO and founder 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 Venture Partners
General Catalyst
Founders Circle Capital
Audacious Ventures
BOND
D1 Capital Partners
GV
Index Ventures
Categories
About the company
Multiverse
Multiverse provides professional apprenticeships and alternative pathways to higher education and tech careers.