Multiverse Acquires Searchlight

Multiverse, a NYC-based tech company that delivers apprenticeship that combines education, work and technology to create equitable access to economic opportunity, acquired Searchlight, a San Francisco, CA-based provider of a talent intelligence and skills assessment platform.

The amount of the deal was not disclosed.

The combination of Searchlight’s technology and talent will accelerate the use of generative AI and machine learning at Multiverse.

Founded in 2018 by twins Anna Wang and Kerry Wang, Searchlight is a talent intelligence platform that develops Ethical AI to build high-performing teams and offers a bias-free AI that finds top applicants, assesses candidates, and validates quality of hire. Its learning loop utilizes employee outcome data to make each successive hire a better match for the organization.

Led by CEO and Founder Euan Blair, Multiverse combines work and learning to deliver equitable access to economic opportunity for everyone. It allows a new kind of apprenticeship, harnessing coaching, AI and tech to deliver an approach to learning that’s measured, applied, guided and equitable.

Multiverse partners with more than 1,000 organizations to deliver training in areas such as data analytics and software engineering. Its training model is built on a new kind of apprenticeship that is measured, applied, guided, and equitable, and its tech platforms exist to ensure learners have access to a high-quality, personalized experience that delivers measured ROI for their employers.

In June 2022, they announced a $220m Series D funding round co-led by StepStone Group, Lightspeed Venture Partners and General Catalyst with a post-money valuation of $1.7 billion.