When was Diversion founded?

Diversion was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Diversion located?

Diversion is headquartered in Tel Aviv, Israel.

How many employees does Diversion have?

As of Sep 30, 2026, the latest employee count at Diversion is 24.

Is Diversion a funded company?

Diversion is a funded company, having raised a total of $7.92M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 01, 2022.

When was the latest funding round of Diversion?

Diversion's latest funding was a $***** Seed round on Jun 06, 2022, with participation from 0 investor.

Where does Diversion rank among its competitors?

Diversion ranks 9th amongst 210 active competitors, of which 13 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was GitButler, which secured $17M in Apr, 2026.

Who are the top competitors of Diversion?

Diversion's top competitors include GitHub, Gitlab and CollabNet. Among them, GitButler secured the most recent funding round in April, 2026.

Diversion - 2026 Company Profile, Team, Funding & Competitors

Diversion is a seed company based in Tel Aviv (Israel), founded in 2021 by Egal Lazarev. It operates as a Platform offering source code management solution. Diversion has raised $7.92M in funding from Y Combinator. The company has 210 active competitors, including 13 funded and 15 that have exited. Its top competitors include companies like GitHub, Gitlab and CollabNet.

Company Details

Platform offering source code management solution. It allows developers to share the code. The platform enables developers to write plugins to automate the workflows. It also offers automated deployment.

Website: www.diversion.dev/
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Key Metrics

Founded Year

2021

Location

Tel Aviv, Israel

Stage

Seed

Total Funding

$7.92M in 2 rounds

Latest Funding Round

Seed, Jun 06, 2022, $*****

Investors

Y Combinator & 2 more

Ranked

9^th among 210 active competitors

Employee Count

24 as on Sep 30, 2026

Similar Companies

GitHub & 222 more

View Diversion's full profile

Diversion has raised a total funding of $7.92M over 2 rounds. Its first funding round was on Jun 01, 2022. Diversion has 3 institutional investors.

Here is the list of recent funding rounds of Diversion:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 06, 2022	2126129	Seed	8909327	3369862	5535457	1420216
Jun 01, 2022	8845632	Seed	5395136	4247398	Y Combinator	3572718

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View details of Diversion's funding rounds and investors

The founders of Diversion is Egal Lazarev.

Here are the details of Diversion's key team members:

Egal Lazarev: Co-Founder of Diversion.

View details of Diversion's Founder profiles and Board Members

Diversion's employee count trend

Diversion has 24 employees as of Sep 26. Here is Diversion's employee count trend over the years:

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Top competitors of Diversion include GitHub, Gitlab and CollabNet. Here is the list of Top 10 competitors of Diversion, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GitHub 2008, San Francisco (United States), Acquired	Developer of software collaboration tools and automated code management systems	$354M	Sequoia Capital, Andreessen Horowitz & 16 others	87/100
2nd	Gitlab 2011, San Francisco (United States), Public	Provider of a platform for software development, security, and delivery	$435M	Iconiq Capital, Khosla Ventures & 50 others	80/100
3rd	CollabNet 1999, San Francisco (United States), Acquired	AI-powered platform for software development, delivery, and digital transformation	$60.1M	Benchmark, Industry Ventures & 10 others	58/100
4th	Bitbucket 2008, San Francisco (United States), Acquired	Provider of code collaboration, continuous integration, and continuous delivery platform	-	-	54/100
5th	Bluespec 2003, Framingham (United States), Series C	Provider of electronic design synthesis tools for integrated circuits & FPGAs	$26.8M	Atlas Venture, North Bridge Venture Partners ... & 1 others	54/100
6th	Entire 2015, Seattle (United States), Seed	Developer of a tool for capturing AI agent sessions alongside code commits	$60M	Felicis Ventures, Global Founders Capital ... & 9 others	52/100
7th	Dynamsoft 2003, Vancouver (Canada), Unfunded	Provider of barcode scanning SDK solutions	-	-	48/100
8th	Nx Cloud 2016, Gilbert (United States), Series C	Developer of tools facilitating workspace setup and repository connection processes	$32.2M	-	44/100
9th	Diversion 2021, Tel Aviv (Israel), Seed	Platform offering source code management solution	$7.92M	NewEra, Secret Chord Ventures & 1 others	44/100
10th	GitButler 2023, Panama, Series A	Platform offering source code management software	$17M	Andreessen Horowitz, A.Capital Ventures & 3 others	43/100