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Diversio is a technology company.
Diversio has raised $7.0M across 1 funding round.
Diversio has raised $7.0M in total across 1 funding round.
Diversio is a people & culture platform that measures, tracks, and improves workplace representation, equity, inclusion, and engagement. Our mission is to make every workplace welcoming, fair, and high-performing.
Diversio has raised $7.0M in total across 1 funding round.
Diversio's investors include First Round Capital, Ben Curren, Chandaria Capital, Golden Ventures.
Diversio is a Toronto-based technology company founded in 2018 that builds an AI-powered DEI (diversity, equity, and inclusion) platform to help HR and DEI teams measure, track, and improve workplace culture.[1][2][3][4] The platform integrates data analytics from HRIS or surveys, industry benchmarks, and an AI Recommendation Engine™ to diagnose biases, generate custom action plans, and deliver training, consulting, and certifications, serving sectors like automotive, finance, tech, healthcare, and investment firms across 35+ countries.[1][3][4][5] Customers include Canada Learning Code, OLX Group, Sheertex, Ceridian, Amazon, and Honda; it has raised $6.5M in Series A funding from First Round Capital and Golden Ventures, with strong growth indicated by a +95 Mosaic Score recently.[1][2][6]
Diversio solves the problem of subjective DEI decisions by providing data-driven insights that boost talent retention, employee engagement, and performance, enabling organizations to create inclusive cultures and mitigate risks like harassment or equity gaps.[2][3][5]
Diversio was co-founded in 2018 by Laura McGee (CEO, former McKinsey Engagement Manager) and Anya Klimbovskaia (COO, former RBC Director of Research), who leveraged their expertise in consulting, research, and finance to address gaps in workplace inclusion.[2][4] The idea emerged from recognizing that DEI efforts often relied on opinions rather than data; the duo built a platform around a proprietary 6-part Inclusion Framework™ and academically validated tools developed by social scientists, diversity advocates, and engineers.[2][5][7]
Early traction came via seed funding and partnerships, culminating in a $6.5M Series A round in 2022 led by First Round Capital and Golden Ventures; pivotal moments include AI integrations highlighted in VentureBeat coverage and collaborations with industry bodies like ILPA, CVCA, and the World Bank.[1][2][3]
Diversio stands out in the DEI software market through its blend of AI, human expertise, and comprehensive tools:
Diversio rides the wave of AI-driven HR tech and mandatory DEI compliance, amplified by post-2020 social movements, ESG investing pressures, and regulations demanding transparency in workforce equity.[3][5] Timing is ideal amid talent shortages and hybrid work challenges, where data shows inclusive cultures retain 22% more employees; market forces like investor scrutiny (e.g., ILPA standards) and AI ethics debates favor Diversio's rigorous, validated approach over superficial tools.[1][2][3]
It influences the ecosystem by empowering VC firms and corporations to build diverse portfolios, setting benchmarks via World Bank collaborations, and disrupting DEI with AI—shifting from opinion-based initiatives to scalable, measurable impact in a $15B+ HR tech market.[2][3][6]
Diversio is poised for expansion with its hybrid model, targeting global compliance needs and AI enhancements like advanced goal-setting and department tracking.[5][7] Trends like stricter ESG reporting, generative AI for personalized training, and economic pressures on retention will propel growth, potentially doubling revenue from its sub-$5M base via enterprise wins.[3]
As DEI evolves from checkbox to core strategy, Diversio's data-first platform positions it to lead, transforming subjective culture efforts into high-ROI business outcomes and redefining inclusive workplaces worldwide.[4][6]
Diversio has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Series A in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $7.0M Series A | First Round Capital, Ben Curren, Chandaria Capital, Golden Ventures |