Euan Blair’s Multiverse hits $2.1bn valuation in AI workforce training push

1. 1. Euan Blair’s Multiverse has raised $70mn from investors, reaching a $2.1bn valuation as it expands into AI training and Europe.
2. 2. Blair views AI as the biggest threat and opportunity for the workforce, capable of either destroying jobs or enhancing productivity.
3. 3. As part of its AI strategy, Multiverse acquired German data and AI training group StackFuel in January for an undisclosed amount.
4. 4. Multiverse reported increased turnover of £79.6mn for the year ending March 2025, but annual losses widened to £62.4mn.
5. 5. Blair states that profitability is a “near-term” focus for Multiverse, having achieved its first cash-positive quarter in early 2026.
6. 6. The latest fundraise ensures all Multiverse employees receive equity in the company, though a public listing is not planned soon.
7. 7. Multiverse faces criticism for low course completion rates, which were 52.6% in 2024/25, below the 65.4% sector average.