Multiverse

๐Ÿ“‚ Software Enterprise๐Ÿ“‚ Artificial Intelligence๐Ÿ“ Londra๐Ÿ—“๏ธ Founded: 2016

Edtech platform offering apprenticeships and skills training for underrepresented groups entering tech and professional careers.

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Podcast Episode

๐ŸŽ™๏ธ Deep Dive

EP13 - Crash & Burn - Multiverse: From University Alternative to the UK's First EdTech Unicorn

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About Multiverse

When Euan Blair and Sophie Adelman founded Multiverse in London in 2016, the challenge they had in mind was as ambitious as it was uncomfortable to articulate: to challenge the university's monopoly as the only gateway to meaningful careers. This wasn't an ideological attack on higher education, but a pragmatic observation โ€” the traditional university system excludes an enormous share of talented young people, for economic, geographic, or family reasons, and doesn't always deliver the practical skills that leading employers actually need. Multiverse's answer was to build an alternative model grounded in structured professional apprenticeships: programs that allow participants to work for a partner company, earning a salary, while simultaneously following a certified curriculum across technology, data analysis, and business. The advantages over a conventional university path are twofold: zero educational debt, and immediately applicable skills built directly inside real working environments. The roster of Multiverse's partner companies speaks for itself: Morgan Stanley, KPMG, Citi, Meta. These are not names that associate with training programs as an HR checkbox exercise โ€” they're there because they face a genuine talent pipeline problem that traditional recruitment can't solve. More than 16,000 apprentices have completed Multiverse programs, with operational hubs in London, New York, and Chicago โ€” an Atlantic footprint that reflects the company's dual ambition to scale in both the UK and US markets. The financial markets have validated the growth story. In 2022, Multiverse raised $220 million in a Series D round that pushed its valuation to $1.7 billion, making it the UK's first edtech unicorn. That recognition hasn't slowed execution. In 2025, the Office for Students extended Multiverse's degree-awarding powers, authorizing the platform to confer degrees in Digital, Business, and Administration โ€” a step that transforms Multiverse from a university alternative into a fully accredited academic institution in its own right. Artificial intelligence has become the centerpiece of Multiverse's most recent strategic repositioning. The company has developed Atlas, a proprietary AI system that supports learners with program design, personalized coaching, and task management throughout the apprenticeship journey. Alongside this, Multiverse launched AI Product Engineering, a degree apprenticeship designed to train software engineers to integrate AI across the full software development lifecycle โ€” not as an accessory tool, but as a co-engineer. In June 2025, the company announced a commitment to create 15,000 new AI apprenticeship places over the following two years, funded through the UK government's Growth and Skills Levy. In 2026, Multiverse is experiencing its most intensive hiring period to date โ€” 124 new employees added in the first months of the year alone. The surging demand for AI skills from major employers, combined with growing acceptance of apprenticeship-based credentials as genuine signals of professional quality, is creating precisely the tailwind the company needs to accelerate expansion. Multiverse's core message has never changed: talent is universally distributed, but opportunity is not. Its job is to close that gap, one apprentice at a time. What distinguishes Multiverse from other workforce training providers is the depth of institutional bet its partner companies are placing. When Morgan Stanley or KPMG routes part of its graduate intake through an apprenticeship program rather than a traditional university recruitment process, it's making a structural statement about what it values in new hires โ€” demonstrated skill over academic credential. Multiverse's growing list of corporate partners is, in effect, a slow-motion redefinition of what a professional qualification means in the knowledge economy. That shift, once underway, tends to be self-reinforcing: as more prestigious employers accept apprenticeship credentials, the social legitimacy of choosing that path increases, which in turn broadens the talent pool available to companies that commit to the model.

The Story

Multiverse was founded to address talent gaps in tech by creating alternative pathways to careers for people overlooked by traditional hiring. The founding insight was that many capable people lack credentials or networks rather than abilityโ€”and employers desperately needed diverse talent. Multiverse built apprenticeship programs that matched talent with employers, providing both real-world training and employment opportunities.

How Multiverse works

Business Model

Multiverse connects young talent to companies through apprenticeship programs. Companies pay recruitment commissions and training fees, while apprentices pay nothing. The model is B2B2C: revenue comes from company payments that cover training and apprentice salaries, and potential public grants. Multiverse also provides consulting to companies on upskilling programs.

Revenue Model

Fees paid by partner companies for each apprentice trained on the platform.

Market & Clients

Key Customers

Large UK and US enterprises investing in alternative workforce training: Morgan Stanley, KPMG, Meta, Citigroup. Sectors: tech, finance, consulting.

Funding & Investors

Funding Rounds

  • 2026 - :
    Lead: Schroders Capital

Founding Team

Founders

Euan BlairFounder & CEO

Key Metrics

Total funding>$220M (2022)
Valutazione~$875M (2022)
Partner aziendali500+ (Amazon, Goldman Sachs, Morgan Stanley) (2024)
Valutazione (2026)โ‚ฌ1.8B (2026)
Organizzazioni partner1.500+ (2026)

Lessons from Multiverse

  • Attacking a consolidated market (university) with a concrete alternative requires institutional credibility from the start.
  • Partnership with Fortune 500 companies is the strongest proof of product in EdTech B2B2C.

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Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
Spotify ๐ŸŽง Apple