LONDON — Multiverse secured $70 million in a new funding round led by Schroders Capital on Tuesday. The investment increases the valuation of the London-based company to $2.1 billion. This figure represents a rise from the $1.7 billion valuation previously held by the firm. Euan Blair co-founded the organization, which now seeks to expand its reach across the European continent.

The company reported 50 percent year-on-year revenue growth in its latest financial disclosure. Multiverse achieved its first cash-positive quarter during the period between January and March 2026. These results follow a shift in business focus from traditional apprenticeship programs toward a new artificial intelligence adoption platform. The firm aims to bridge the gap between enterprise needs and available technology tools.

Existing investors including General Catalyst, Index Ventures, and Lightspeed Venture Partners participated in the latest financing. Multiverse has raised a total of $570 million since its inception, according to company records. Euan Blair stated that the firm intends to define a new category for artificial intelligence deployment. The company uses this capital to identify workforce skill gaps and align them with specific corporate objectives.

Strategic expansion efforts include the acquisition of the Berlin-based training company StackFuel. Multiverse also maintains formal partnerships with Microsoft and Palantir Technologies to broaden its reach. These collaborations aim to strengthen the market position of the firm against rivals like Coursera for Business and Guild Education. The company did not disclose the specific financial terms of the StackFuel acquisition in the filing.

Chancellor of the Exchequer Rachel Reeves identified the company as a key player in maintaining national competitiveness. Multiverse plans to use the new capital to increase its presence across Europe throughout 2026 and beyond. The firm faces competition for corporate learning budgets from several international platforms. It remains to be seen how the company will allocate the $70 million across its various European offices by the end of the year.