Draft:Multiverse (edtech)
Submission declined on 22 February 2024 by Johannes Maximilian (talk).
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|  |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 2016 |
| Founders |
|
| Headquarters | , U.K. |
Area served | U.K. and U.S. |
| Revenue |  £45.2 million (2023) |
 -£40.5 million (2023) | |
Number of employees | 700 (2023) |
| Website | multiverse.io |
| Footnotes / references Financials as of January 29, 2023[update]. References:[1][2][3] | |
Multiverse (formerly WhiteHat) is an educational technology (edtech) start-up that provides apprenticeships in the UK and USA, specialising in data and tech.
The company has trained more than 10,000 apprentices.[4]
The company was judged to be "Outstanding" in its most recent (July 2021) inspection by Ofsted.[5]
History[edit]
Multiverse was founded as WhiteHat in 2016 by Euan Blair and Sophie Adelman.[6] In 2018, the company announced a $4 million seed round led by Silicon Valley investor Lightspeed Venture Partners.[7]
In September 2021, Multiverse raised $130 million in a Series C raise at a valuation of $875 million. In June 2022, Multiverse raised $220 million in a Series D raise at a valuation of $1.7 billion.[8]
In 2022, the company became the first solely apprenticeship provider to receive powers to award degrees.[9][10]
In 2023, the company moved headquarters to Paddington, London.[11]
References[edit]
- ^ "MULTIVERSE GROUP LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk.
- ^ Neate, Rupert (November 28, 2023). "Euan Blair's apprenticeship firm Multiverse reports near-tripling of losses". The Guardian.
- ^ "Multiverse raises $220m and becomes Europe's latest edtech unicorn". Sifted.
- ^ "Why This Edtech Founder Is Bringing Back Apprenticeships". Inc. 6 September 2023.
- ^ https://files.ofsted.gov.uk/v1/file/50169749
- ^ Neate, Rupert (June 1, 2022). "Euan Blair: from PM's son to £700m business and an MBE". The Guardian.
- ^ Lunden, Ingrid (January 19, 2021). "UK's WhiteHat rebrands as Multiverse, raises $44M to build tech apprenticeships in the US".
- ^ Martin, Iain. "Apprenticeship Startup Multiverse Raises $220 Million To Solve Tech's Talent Shortage". Forbes.
- ^ "Apprenticeship provider Multiverse granted New Degree Awarding Powers - Office for Students". September 2022.
- ^ Dugan, Emily (September 2022). "Euan Blair apprenticeship firm gets licence to award degrees". The Guardian.
- ^ Hodgson, Joanna (August 2, 2023). "Euan Blair's Multiverse signs for larger London headquarters". Evening Standard.
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