News

Multiverse raises $70 million to become Europe's AI adoption platform

By Team Multiverse
15 May 2026

Strategic investment led by Schroders Capital, at increased valuation of $2.1 billion, positions Multiverse as the pan-European partner to help employers and their workforces capitalise on AI opportunity

LONDON – 15th May, 2026 – Multiverse, the upskilling platform for AI and tech adoption, today announced it has raised $70 million in primary funding to drive growth across Europe. The funding 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 investment will accelerate Multiverse's expansion across Europe, with the goal of ensuring that AI benefits the workforce, rather than displacing it. It lands amid accelerating company growth driven by UK enterprise adoption, and strategic acquisitions. Multiverse completed the acquisition of Berlin-based data and AI training company StackFuel in January 2026. 

The $2.1bn valuation, a $400m increase on the last funding round, reflects a company in its strongest position yet: revenue grew 50% yoy, and increased at an accelerating rate for the third consecutive year. For the first time, Multiverse had a cash-positive quarter from January to March 2026. Alongside this raise, all employees regardless of seniority have been offered equity and a long term stake in the company as a result of the funding round.

Defining a new category: the AI adoption layer 

Businesses and governments across the UK and Europe are investing heavily in artificial intelligence, with AI spend doubling since last year according to BCG’s 2026 AI Radar. Yet the much promised productivity gains remain elusive. The missing ingredient is not more technology tools, it is a skilled workforce capable of deploying them. Corporate AI trailblazers in the BCG report invest twice as much in upskilling their workforce as AI followers. 

Multiverse was built to ensure workers don’t get left behind by the rapid pace of technology. Today that means closing the gap between workers and tech, in effect acting as the AI adoption layer of the technology stack. Its platform diagnoses precise skills gaps, matching corporate goals against workforce capability to give leaders a holistic view and detailed recommendations for upskilling. Multiverse then equips workers at every level with the AI, data and digital skills to translate technology investment into measurable outcomes. To date, the company delivered more than £2 billion in verified ROI for over 1,000 employers, including critical national security with Babcock and household names like The AA, Capita and Addison Lee.

With 50% revenue growth last year, driven by new customers and continued demand from existing customers the strategic investment is intended to fuel further expansion. The last year has seen an increasing focus on strategic alliances, with tech platforms including Microsoft, Palantir, and Databricks partnering with Multiverse. Atlas, its AI coaching platform, tripled daily active users in the last year.   

"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," said Euan Blair, CEO and Founder of Multiverse. "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."

Multiverse's thesis, that AI's greatest value lies in expanding human capability, not replacing it, is drawn from extensive employer experience. CEOs surveyed by Multiverse cited skills gaps as the second biggest barrier to AI adoption, ahead of regulation and data quality.

Chancellor of the Exchequer Rachel Reeves said: “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.”

Michael Mclean, Head of Private Equity Technology Investments, Schroders Capital, said: “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."

Growth has been driven in large part by deepening business with existing customers. 

Louise Benford, Chief People Officer at The AA, said: “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.”

Lynsey Valentine, Strategy Director at Babcock, said: “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.”

Lisa Pinfield, Group Director of Performance & Development at Capita, said: “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.”

Patrick Gallagher, CEO at Addison Lee, said: "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."