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Multiverse (company)
Multiverse is a British educational technology company founded in 2016 by Euan Blair and Sophie Adelman. Based in London, United Kingdom, the company provides apprenticeship-based training and upskilling for early-career and experienced employees, primarily in technology and artificial intelligence roles. Multiverse works with employers to assess skills gaps within their workforce and delivers training programmes aligned with organisational needs.
Multiverse was founded in 2016 by friends Euan Blair and Sophie Adelman to provide a platform for companies to recruit school leavers through apprenticeships. It was initially launched under the name WhiteHat, which was named after the hackers employed by companies to test their IT security. The company rebranded to Multiverse in 2021.
In 2018, the company announced it had raised £3 million ($4 million) of seed investment from Lightspeed Venture Partners.
In 2021, Adelman stepped back from the company but retained a seat on its board and a shareholding. In September of that year, Multiverse raised £97 million ($130 million) from multiple investors including D1 Capital Partners and BOND.
In June 2022, Multiverse raised £163 million ($220 million) of investment which valued the company at £1.2 billion ($1.7 billion). The company received investment from investors including Lightspeed Venture Partners, General Catalyst, StepStone Group and Founders Circle Capital. The fundraise gave the company 'unicorn’ status.
In 2022, the company reported a loss of £10.9 million to 31 March 2021 on revenues of £10.1 million. In September 2022, the company was granted a license to award degrees with all learning taught through apprenticeships rather than through university.
In 2023, it was reported that Multiverse received an investment by the Walton family.
In April 2024, Multiverse acquired SearchLight, a US recruitment software company. In the announcement, Blair said the acquisition will 'combine Multiverse's scale with Searchlight’s technology'.
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Multiverse (company)
Multiverse is a British educational technology company founded in 2016 by Euan Blair and Sophie Adelman. Based in London, United Kingdom, the company provides apprenticeship-based training and upskilling for early-career and experienced employees, primarily in technology and artificial intelligence roles. Multiverse works with employers to assess skills gaps within their workforce and delivers training programmes aligned with organisational needs.
Multiverse was founded in 2016 by friends Euan Blair and Sophie Adelman to provide a platform for companies to recruit school leavers through apprenticeships. It was initially launched under the name WhiteHat, which was named after the hackers employed by companies to test their IT security. The company rebranded to Multiverse in 2021.
In 2018, the company announced it had raised £3 million ($4 million) of seed investment from Lightspeed Venture Partners.
In 2021, Adelman stepped back from the company but retained a seat on its board and a shareholding. In September of that year, Multiverse raised £97 million ($130 million) from multiple investors including D1 Capital Partners and BOND.
In June 2022, Multiverse raised £163 million ($220 million) of investment which valued the company at £1.2 billion ($1.7 billion). The company received investment from investors including Lightspeed Venture Partners, General Catalyst, StepStone Group and Founders Circle Capital. The fundraise gave the company 'unicorn’ status.
In 2022, the company reported a loss of £10.9 million to 31 March 2021 on revenues of £10.1 million. In September 2022, the company was granted a license to award degrees with all learning taught through apprenticeships rather than through university.
In 2023, it was reported that Multiverse received an investment by the Walton family.
In April 2024, Multiverse acquired SearchLight, a US recruitment software company. In the announcement, Blair said the acquisition will 'combine Multiverse's scale with Searchlight’s technology'.