On 19 January 2021, Multiverse (formerly known as WhiteHat), a UK start-up that works with organisations to tackle skills gaps through apprenticeships announced a $44 million Series B funding round.
The funding will be used to continue growth in the UK and spearhead a move into the US market. The company has picked up over 300 clients in the UK and worked with thousands of promising, diverse apprentices.
The round was led by General Catalyst, with GV (formerly known as Google Ventures), Audacious Ventures, Latitude, and SemperVirens also participating. In addition, Index Ventures and Lightspeed Venture Partners, who first invested in the company in its $16 million Series A in 2020, participated in the round.
In collaboration with Wilson Sonsini, Taylor Wessing supported on UK aspects of the transaction with Alexandra Richardson, Richard Faichney, Rebecca Gaunt and Simone Thomas working with Michael Labriola, Daniel Glazer, Amanda Pollard, and Alex Moffitt representing Multiverse in the transaction.
For more information, please see Multiverse’s press release.