Multiverse has closed a $130 million funding round to allow it to meet demand for professional apprenticeships in America and the UK. The Series C round was led by D1 Capital Partners and BOND, and brings total funding for the tech startup to $194 million.
“We have spent the last few years building a truly outstanding alternative to university and to corporate training, and this latest funding round is recognition of how far this cause has come,” said Euan Blair, founder and CEO, Multiverse. “Professional apprenticeships are transforming the opportunities available to people in the UK and now in the US – we’ve seen a range of the world’s best employers grow their programs significantly over the last year.”
Multiverse apprentices benefit from a unique applied learning model, receiving personal training from expert coaches alongside paid jobs. The company has prioritized a community experience designed to replicate the best of university that includes socials, mentoring, leadership opportunities, and inspiring speakers.
The additional funding will be used to drive growth in both North America and the UK, including by launching additional programs and qualifications.
Announcement: Multiverse Raises $130M for Online Apprenticeships