U-Multirank is a longstanding project in which CHEPS cooperates with researchers from Germany (CHE), the Netherlands (CWTS) and Spain (CYD). The project was funded by the European Commission (DG EAC). After the 2017 release, the European Commission funds half of the cost and a consortium of foundations provides the other half of the financial resources. The first U-Multirank project started in 2010 and the follow-up project started in 2013. The third U-Multirank project starts in 2017 and will run till 2019.

U-Multirank is set out to implement and develop a multidimensional, user driven transparency tool that enables various stakeholder groups to compare universities from all over the world in a fair way.