Multiverse is a British technology company that assists students who haven't yet graduated from university or university to be connected to opportunities for apprenticeships. Multiverse matches talent with businesses that provide apprenticeship opportunities. The company offers an alternative to traditional university education for students who require apprenticeships that focus on specific job fields. Multiverse's headquarters is located in London, England. If you're unfamiliar with this unique company, here are 20 things you may not know about Multiverse to get you up to speed.
1. Multiverse is a multi-faceted company for connecting people with careers
Crunchbase affirms Multiverse is a well-established technology firm in the field of career services. Multiverse is listed in four different industries on the internet. This includes EdTech as well as corporate training, training, and Career planning. Multiverse began operations in the year 2016. Multiverse has been operating for the sixth year by 2022. It is called Multiverse however the legally officially registered name for the company will be WhiteHat Group Ltd.
2. The Multiverse website makes use of a wide range of technology
Multiverse is powered by Multiverse site is powered by a mix of thirty-five technology to provide an enjoyable and smooth experience for the users. The technologies are spread over twenty-two solutions. Some of them are LetsEncrypt, Font Awesome, Google tag Manager, Google Fonts, Google Analytics, HTML5, and many more. Multiverse hasn't disclosed its annual IT budget, however, by looking at the number of products and services that are in use, we estimate that it's one million dollars or more depending on the extent and size.
3. The popularity of Multiverse is increasing
The reports of analytics on the Multiverse website indicate that the interest in the company and its products is growing up. Over the past 30 days the total number monthly visits was 428,881. This figure reflects the growth in monthly visits by 127.49 percent. The Multiverse website ranks number 178,449 out of thousands of sites that are registered in the world wide web.
4. Multiverse is one of the most played among the United States
Even though Multiverse is located at The United Kingdom, statistics for the website reveal that in the last thirty days the largest number of users to the site came mostly from America. United States. The interest in Multiverse from people from America. United States increased to 48 percent, with a monthly increase by 396.62 percent. Forty-five percent of web traffic comes coming from in the United Kingdom with a 35.13 percent increase. Four percent of them are from France and one percent come from Canada with the 382.78 percent rise. Only a tiny fraction of visitors come from India.
5. Multiverse has an executive team of 8 members. comprised of 8 members
There are 8 people on the executive leadership team of Multiverse. Emily Ratcliffe is the Enterprise Account Executive. Alex Cresswell is the Vice President of Sales. Sam Turnpenny is the Early Talent Manager. Debbie Widjaja is the Product Manager. Euan Blair is the CEO and Founder. Rachel Simpson is the Head of UX. Melissa Milne-Smith is a Human Resources Executive and Anca Florescu is the Compliance Manager.
6. Multiverse has a board of directors comprised of six members. of directors
Multiverse has six people on the director's board. Nakul Mandan became a member of the board during July, 2018. Nakul Mandan is the co-founder and partner of Audacious Ventures. He was the founder of one company and is currently in six director boards, in advisory positions. Jeremy Duggan is the president and board member of Multiverse. He currently sits as a member of two board members, both in advisory roles. Danny Rimer joined the board in August, 2019. He is a partner of Index Ventures with two portfolio companies and an exit. Youngme Moon became a member of the board on June 8, 2022. Youngme Moon is director of Handy and has one company in its portfolio. She is currently in five board of directors, in advisory positions. Hannah Seal is a Principal at Index Ventures. She is currently in seven Boards of Directors with advisory positions. Nicole Quinn joined the board as an observer in June of 2018. It is also a shareholder of Lightspeed Venture Partners with one portfolio company. She currently sits on eleven boards of directors , in advisory positions.
7. Multiverse is an investment company that relies on venture capital.
Multiverse has been involved at five times in venture capital raising. This most current round of fundraising for Series D ended on June 8th 2022. In total, the amount that was raised during the five rounds was $414 million.
8. Multiverse has an impressive investor base.
Multiverse is financially supported by 18 investors. These large venture capital companies as well as individuals have confidence in the company's ability to earn a substantial return on investment. Multivere also has six of its lead investors. Some of these investors are General Catalyst, a lead investor, Founders Circle Capital, StepStone Group, a lead investor, Lightspeed Venture Partners, the lead investor, Index Ventures, Audacious Ventures, D1 Capital Partners, Bond, GV, and more than a dozen others.
9. Multiverse is a privately-owned company
The company's founders and owners Multiverse have managed to keep the company as a privately-owned company. They haven't yet decided to make the initial public offer (IPO), which is necessary for the company to enter the market. This is the reason why it's not possible to discover shares of stock from Multiverse that are listed on any of the major stock exchanges. Multiverse is able to receive the entire financial backing from its 18 private investors.
10. The company's name has been changed
Techcrunch affirms Multiverse was not the first name for the tech startups. When the founders first started the company, it was known as White Hat, and this is the name that is registered as legal. They changed the name of the business by changing its name from White hat to Multiverse early in 2021. This was just prior to the time it raked in $44 million from the first stage of venture capital raising which was which was followed by another round Series C funding in the amount in the amount of $130million.
11. The 2021 value was $875 million.
In the five years following the company's introduction, Multiverse attracted large investors who invested several hundred million dollars in the business. In 2021, the start-up was valued at around $875 million. The investment of investors, along with a quadruple rate of growth through expansion efforts enabled the company to attain this level of success. That year Multiverse was working with more than 55,000 people, including students and alumni who were involved in the training programs. It was remarkable considering the co-infected Covid-19 virus which shut down a lot of establishments and made it difficult to recruit apprentices.
12. Multiverse is governed by highly-connected professionals.
Multiverse's Leader Euan Blair has built numerous solid business relationships. His father was the former Premier in Britain, United Kingdom, Tony Blair as well as the barrister Cherie Booth Blair. The name of his family has earned him an image of leadership and business skills.
13. Multiverse is growing throughout the of United Kingdom and the United States
Multiverse has extended its reach to its market within the United States. In 2021, it set up its first branch within New York, USA. Recent round of Venture Capital financing are intended to expand efforts in both the US and overseas, focusing on America.
14. Multiverse can be a viable alternative to higher education.
Colleges and universities were hit by the ongoing epidemic that saw many campuses shutting down and converting to an online model. In the current economic downturn the background, many can't afford the expensive fees charged by universities and colleges. They're searching for alternatives which is why Multiverse is a viable alternative for students in this class. Consumer behavior is changing as are economic trends, creating a brand new world for those who have to adapt to a new world that has drastically changed over the past two years.
15. Multiverse offers a variety of opportunities for apprentices
The concept of apprenticeships has evolved over the years. As we continue to digitalize procedures that were previously manual, the demand for technical and computing expertise has grown in the workplace. The kinds of apprenticeships offered on the platform focus on fields of data science and adtech that include administrative and operational training in the field. There are many opportunities to work at tech companies and finance firms in remote and on-site positions.
16. Multiverse is available for free to all applicants
The applicants to those who apply to the Multiverse apprenticeship programs are not required to have to pay any charges. They do not have to pull money from their pockets to get internships. They are provided for free to apprentices. Employers who hire apprentices to take part in apprenticeships have to pay fees to Multiverse to place apprentices. This is the way Multiverse earns its revenue. Employers also provide apprentices with a salary for their services.
17. Multiverse has signed contracts with major clients.
Multiverse has signed agreements with more than three hundred businesses for apprenticeship placement. Some of the clients are Mixpanel as well as Adyen, Google, Generation USA, Facebook, NHS, Morgan Stanley, and hundreds of other. A majority of tech jobs require remote workers with digital tools. They take workers who otherwise would be in school and places them in the workforce that has not had enough help in recent years. Multiverse assists in resolving the problem of the workforce shortage that is occurring across the globe.
18. Multiverse welcomes diversity
Multiverse is a company that targets those who come predominantly from nontraditional backgrounds and Multiverse is a company that values diversity. Multiverse helps to create lucrative jobs for those who are placed in apprenticeships. Multiverse provides assistance to people who haven't had opportunities to study at university.
Of The apprentices who are placed in jobs within clients' companies 36 percent are from economically challenged communities, while fifty-three percent of them are people of ethnicity. Multiverse helps bring greater diversity to the pool of talent available to its clients. It's an excellent strategy, as companies are seeking ways to bring more inclusion and diversity in their workplaces. Everyone wins when it comes to this.
The typical apprenticeship in Multiverse apprenticeships runs for one and one-half years. The employer is able to give the apprentice the opportunity to become acquainted with one another and build relationships during the course of a trial that may be permanent hires in certain circumstances. Although apprenticeships are not new however, the Multiverse platform has created new methods for placing that makes it much easier for both the apprentices and employers who sponsor them to connect and connect with the most qualified candidates to fill the position.
19. Multiverse provides applicants with the opportunity to develop a three-pronged approach to building credibility
The Multiverse website provides information about the platform in more details. It is three pronged platforms that include more than 12 months of learning that is based on job-based learning to develop abilities that can increase your the likelihood of finding permanent employment. The third component is earning as you learn principle. The applicants accepted into the apprentice program are fully employed on the day they start. Apprentices are placed into situations that give them the necessary tools to understand the specifics of their positions and acquire work experience while earning per hour for their work with the companies they work for. The third aspect is the advancement of the career of apprentices, who are able to develop skills that are important in the current job market, and also earn an accredited certification without the need for a college degree.
20. Multiverse is currently seeking to hire
As per LinkedIn, Multiverse is expanding its existing staff. Multiverse has posted 24 job openings that are currently open with Multiverse. The job opportunities are for fresh workers located in New York, USA. One of them is located in San Francisco, California. It's a sign that Multiverse is expanding it's operations across America. United States. Multiverse is making moves to increase its offerings in the United States. There is a demand of apprenticeships within the USA. Multiverse is a model for apprenticeships. Multiverse Apprenticeship model is currently being used in two countries but the model also has applications that can be used across all countries in the world. Multiverse is making waves by offering a different model to traditional universities and colleges and is helping people get the education they need without having to pay out of their pocket.