Multiverse Raises €60 Million to Scale AI Upskilling Across Europe

TL;DR: Multiverse announced a €60 million primary round led by Schroders Capital, pushing its valuation to €1.8 billion. The funds will expand its AI‑upskilling platform across Europe to help workers use new technology rather than be displaced by it.

Multiverse, founded in 2016, is a British edtech platform that diagnoses skill gaps and delivers targeted training in AI, data and digital tools. It partners with over 1,500 organisations, ranging from national security contractors to retail chains, and claims to have generated more than €2.2 billion in verified ROI for its clients. The company’s Atlas AI coaching platform reportedly tripled its daily active users in the past year.

The financing round was led by Schroders Capital, with participation from General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond and StepStone Group. Euan Blair, CEO and founder, stated that the missing link between companies seeking AI benefits and AI providers is a bridging layer that Multiverse now supplies. The round values the firm at €1.8 billion, equivalent to $2.1 billion.

Multiverse reported 50 % year‑over‑year revenue growth, a cash‑positive quarter from January to March 2026, and the acquisition of Berlin‑based StackFuel in January 2026. As part of the deal, all employees received equity grants, giving them a long‑term stake in the business.

The investment reflects a growing belief that workforce readiness, not just additional software, drives AI‑related productivity gains. By moving into Germany, France and Spain, Multiverse intends to apply its UK‑tested model of linking corporate goals with employee skill development.

Analysts note that successful upskilling could reduce the gap between AI spending and measurable output, a challenge highlighted by recent BCG data showing doubled AI investment but elusive gains. Competitors may respond by launching similar training services or forming alliances with cloud providers such as Microsoft and Databricks.

Investors will watch whether Multiverse can replicate its UK adoption rates in continental Europe and sustain its revenue acceleration through 2027.