Multiverse announced it has raised $70 million in primary funding to accelerate its growth across Europe, reaching a $2.1 billion valuation. The investment round was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group.
The company said the funding will support its expansion across Europe as demand for AI and digital upskilling accelerates among enterprises. The valuation represents a $400 million increase from Multiverse’s previous funding round. The company also reported 50% year-over-year revenue growth and said it achieved a cash-positive quarter for the first time between January and March 2026.
Multiverse positions itself as an “AI adoption layer” that helps businesses close workforce skills gaps tied to artificial intelligence and digital transformation initiatives. The platform analyzes workforce capabilities against corporate objectives and provides recommendations for AI, data, and digital upskilling programs. The company said it has delivered more than £2 billion in verified ROI for over 1,000 employers, including Babcock, The AA, Capita, and Addison Lee.
The funding follows Multiverse’s acquisition of Berlin-based AI and data training company StackFuel earlier this year. The company has also expanded strategic alliances with major technology firms including Microsoft, Palantir, and Databricks. Multiverse added that Atlas, its AI coaching platform, tripled daily active users over the past year.
Euan Blair said the company is focused on bridging the gap between enterprises investing in AI technologies and employees who need the skills to deploy them effectively.
The company cited broader industry trends supporting the investment. According to research referenced by Multiverse, AI spending across the UK and Europe has doubled over the past year, while many businesses continue to struggle to translate AI investments into productivity gains because of workforce readiness challenges.
Rachel Reeves said the UK government aims to make Britain the fastest adopter of AI among G7 nations and described Multiverse as an example of a British company helping businesses turn AI ambitions into operational outcomes.
Michael Mclean said Schroders Capital views Multiverse as well positioned to help organizations capitalize on AI-driven productivity opportunities across Europe.
The company also highlighted continued expansion with existing enterprise customers. Executives from The AA, Babcock, Capita, and Addison Lee said Multiverse’s programs have helped employees develop practical AI and data skills that support automation, decision-making, and broader digital transformation initiatives.
KEY QUOTES:
“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. 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.”
Euan Blair, CEO and Founder, Multiverse
“We 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. Multiverse 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.”
Rachel Reeves, Chancellor of the Exchequer
“The evolution of AI is creating transformative opportunities to drive productivity and growth across global economies. Multiverse 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.”
Michael Mclean, Head of Private Equity Technology Investments, Schroders Capital
“Our 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.”
Louise Benford, Chief People Officer, The AA
“Multiverse has helped us tackle a growing complexity and volume of data by equipping our people with practical, real-world data skills. Our teams are already applying what they’ve learned to automate processes, unlock insight, and drive meaningful improvements well before graduation.”
Lynsey Valentine, Strategy Director, Babcock
“At 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-critical skills while strengthening performance and decision-making across the organisation.”
Lisa Pinfield, Group Director of Performance & Development, Capita
“We are delighted with the impact of our partnership with Multiverse, which plays a vital role in Addison Lee’s 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.”
Patrick Gallagher, CEO, Addison Lee
