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Multiverse, a London, UK-based apprenticeship company, closed a $220m Series D funding round at a post-money valuation of $1.7 billion.
The round, which brought total funding to over $400m, was co-led by StepStone Group, and returning investors Lightspeed Venture Partners and General Catalyst, with participation from Founders Circle Capital and existing investors Audacious Ventures, BOND, D1 Capital Partners, GV and Index Ventures.
The company intends to use the funding to accelerate US expansion and broaden the range of learning programs, creating more routes to career progression for apprentices and helping organizations close digital skills gaps across their workforce.
