We closed a $44m Series B funding round!
At Multiverse, we’re celebrating the exciting next stage of our journey. 🎉
In 2020, despite COVID-19, we tripled the number of apprentices we train and added some of the world’s best companies as new clients. In 2021, we’re ready to spread these opportunities even further.
- We completed a $44m Series B funding round led by General Catalyst, and including GV (Google Ventures), Audacious Ventures, Latitude and SemperVirens, Index Ventures and Lightspeed Venture Partners
- We’ve launched in New York with further expansion across the U.S. planned this year in our technology and leadership programs
- Jeremy Duggan appointed as President and Board Member. Jeremy has already taken three SaaS companies - AppDynamics; BladeLogic and Ascential Software - to unicorn status
- Angel investors include Anne Wojcicki, the CEO of 23andMe, and John Thompson, the Chairman of Microsoft.
Closing $44 million in Series B 💸
We’re thrilled to announce that we’ve just closed a $44 million Series B funding led by General Catalyst, the backers of Airbnb, Snapchat and Deliveroo, GV (Google Ventures), and joined by some of the best venture capital firms.
We’ve also attracted some incredible angel investors like Anne Wojcicki, the CEO of 23andMe and John Thompson, the Chairman of Microsoft, who will be advising us as we continue building the best learning products on the market.
As if that's not enough, we're also welcoming Jeremy Duggan as President and Board Member! Jeremy has an unparalleled track record in driving scale, and is considered the author of the playbook for pre-IPO scaleups. He has already helped companies like AppDynamics, BladeLogic and Ascential Software to get to the unicorn status.
Entering the U.S. market
This funding unlocks the opportunity to democratize access to technology and leadership programs across the U.S.
In common with many of the challenges in the U.K., America faces degree dropout rates as high as 40%, a systemic challenge in racial equity, and a profound need for digital skills. According to a recent Multiverse poll, over 60% of young Americans would consider an apprenticeship instead of college, underscoring the need for new forms of training and education in the U.S. market.
Apprentices in our programs benefit from one-to-one coaching with an industry expert and are supported by a thriving community with social events, mentoring and leadership schemes designed to exceed the best of the college or university experience.
In Europe, we have more than 300 clients including Facebook, Morgan Stanley, KPMG, Fujitsu, Capita, Kantar, Skanska, Citi and Microsoft. In 2021, we’ll continue developing apprenticeships across the US that are truly revolutionary, training a diverse group of future leaders with the technical skills they need to succeed - through apprenticeships.