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.

Who is the current CEO of Diversion?

Sasha Medvedovsky of Diversion. They have also founded 1 company.

How many employees does Diversion have?

As of May 31, 2026, the latest employee count at Diversion is 22.

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. Its primary sector is Application Development Tools. In Israel, the Application Development Tools sector has seen $70M in funding in 2026 to date.

Where does Diversion rank among its competitors?

Diversion ranks 8th amongst 186 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 Entire, which secured $60M in Feb, 2026.

Who are the top competitors of Diversion?

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

Diversion - 2026 Company Profile, Team, Funding & Competitors

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/
Social

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

8^th among 186 active competitors

Employee Count

22 as on May 31, 2026

Similar Companies

Gitlab & 198 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	6775246	Seed	9627282	7670254	5757893	7039343
Jun 01, 2022	8302358	Seed	9708208	1895335	Y Combinator	3572960

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View details of Diversion's funding rounds and investors

The founders of Diversion are Sasha Medvedovsky and Egal Lazarev. Sasha Medvedovsky is the CEO of Diversion.

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

Sasha Medvedovsky: Co-Founder, CEO of Diversion and founder of 1 other company.
Egal Lazarev: Co-Founder of Diversion.

View details of Diversion's Founder profiles and Board Members

Diversion's employee count trend

Diversion has 22 employees as of May 26. Here is Diversion's employee count trend over the years:

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Top competitors of Diversion include Gitlab, GitHub 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	Gitlab 2011, San Francisco (United States), Public	Provider of a platform for software development, security, and delivery	$435M	Khosla Ventures, Iconiq Capital & 50 others	80/100
2nd	GitHub 2008, San Francisco (United States), Acquired	Developer of software collaboration tools and automated code management systems	$354M	Andreessen Horowitz, Sequoia Capital & 14 others	75/100
3rd	CollabNet 1999, San Francisco (United States), Acquired	AI-powered platform for software development, delivery, and digital transformation	$60.1M	Norwest, Intel Capital & 10 others	58/100
4th	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	55/100
5th	Bitbucket 2008, San Francisco (United States), Acquired	Provider of code collaboration, continuous integration, and continuous delivery platform	-	-	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	51/100
7th	Nx Cloud 2016, Gilbert (United States), Series C	Developer of tools facilitating workspace setup and repository connection processes	$32.2M	-	44/100
8th	Diversion 2021, Tel Aviv (Israel), Seed	Platform offering source code management solution	$7.92M	NewEra, Y Combinator & 1 others	44/100
9th	Beanstalk 2009, Philadelphia (United States), Acquired	Code workflow platform for writing, reviewing, and deploying software	-	-	41/100
10th	Tea 2021, Zug (Switzerland), Seed	Protocol rewarding open-source software contributions through ranking, staking, and vulnerability reporting	$16.9M	Binance Labs, Terren Peizer & 15 others	41/100