The Alphabet and Salesforce-backed apprenticeship provider raised series C funding at an $875m valuation as it looks to grow its reach across the US and UK.

Multiverse, a UK-based apprenticeship service provider already backed by internet and technology conglomerate Alphabet and enterprise software producer Salesforce, secured $130m in its series C round yesterday.

The round was co-led by investment firm D1 Capital Partners and venture capital firm Bond, and the cash was raised at an $875m valuation according to TechCrunch.

Multiverse operates an online platform which provides access to apprenticeships across a number of industries and professional roles as an alternative to university.

Alphabet investment subsidiary…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.