UK unicorn Multiverse acquires AI recruitment startup Searchlight to expand professional training services
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Multiverse, a UK unicorn providing apprenticeship programs, has acquired Searchlight, an AI recruitment platform, to expand its professional training services.
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Searchlight's AI technology sources talent and identifies skills needed within companies. The founders Kerry and Anna Wang will take on product leadership roles at Multiverse.
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The acquisition aims to build new AI products for Multiverse's training services, addressing how AI can make professional training more efficient.
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Multiverse, founded by Euan Blair, currently serves over 1,000 customers including major companies and government organizations.
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The deal value is undisclosed but Searchlight raised $20M in the past while Multiverse is valued at $1.7 billion, indicating investor confidence in the acquisition.