When was Divert founded?

Divert was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Where is Divert located?

Divert is headquartered in Concord, United States. It is registered at Cēsu nov., Cēsis, Piebalgas iela 95.

Who is the current CEO of Divert?

Ryan Begin of Divert. They have also founded 1 company.

How many employees does Divert have?

As of Apr 30, 2026, the latest employee count at Divert is 234.

Is Divert a funded company?

Divert is a funded company, having raised a total of $1B across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 24, 2018.

When was the latest funding round of Divert?

Divert's latest funding was a $***** Series B round on Jan 20, 2026, with participation from 1 investor. Its primary sector is Solid Waste Management Tech. In United States, the Solid Waste Management Tech sector has seen $487M in funding in 2026 to date.

Where does Divert rank among its competitors?

Divert ranks 10th amongst 83 active competitors, of which 30 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was GPS Renewables, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Divert?

Divert's top competitors include GPS Renewables, Carbonlites and Raízen. Among them, GPS Renewables secured the most recent funding round in March, 2026.

Divert - 2026 Company Profile, Team, Funding & Competitors

Divert is a series B company based in Concord (United States), founded in 2005 by Ryan Begin and Shane Eten. It operates as a Provider of recyclable waste management services. Divert has raised $1B in funding from Enbridge and Ara Partners. The company has 83 active competitors, including 30 funded and 6 that have exited. Its top competitors include companies like GPS Renewables, Carbonlites and Raízen.

Company Details

Website: divertinc.com
Email ID: *****@divertinc.com
Registered Address: Cēsu nov., Cēsis, Piebalgas iela 95

Key Metrics

Founded Year

2005

Location

Concord, United States

Stage

Series B

Total Funding

$1B in 3 rounds

Latest Funding Round

Series B, Jan 20, 2026, $*****

Investors

Enbridge & 4 more

Ranked

10^th among 83 active competitors

Employee Count

234 as on Apr 30, 2026

Similar Companies

GPS Renewables & 58 more

View Divert's full profile

Divert is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Divert, Inc. CIN: 208722795 , United States, Active	Dec 31, 1999	-	358 (As on Dec 31, 2024)	-
DiVert CIN: 44101030414 , Latvia, Active	May 07, 1999	$3.14M (As on Dec 31, 2024)	14 (As on Dec 31, 2023)	-
Divert, Inc. CIN: 0018y000009P7ODAA0 , United States, Active	Jul 14, 2023	-	-	-

Divert has raised a total funding of $1B over 3 rounds. Its first funding round was on Jul 24, 2018. Its latest funding round was a Series B round on Jan 20, 2026 for $*****. 1 investor participated in its latest round. Divert has 5 institutional investors.

Here is the list of recent funding rounds of Divert:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 20, 2026	4795434	Series B	4319269	9023887	8291690	4867053
Mar 01, 2023	7395585	Series B	4558198	4876985	1816493	9134857
Jul 24, 2018	1785732	Series A	8845570	6030856	8610050	9032672

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View details of Divert's funding rounds and investors

The founders of Divert are Ryan Begin and Shane Eten. Ryan Begin is the CEO of Divert.

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

Ryan Begin: Co-Founder & CEO of Divert. They serve on the board of 1 company.
Contact Info: 1 email address
Shane Eten: Former Co-Founder of Divert and founder of 2 other companies, Lotik Labs and Feed Resource Recovery. They serve on the board of 1 company.
Contact Info: 1 email address

Divert's Board of Directors

Divert's board has 7 active members. Ryan Begin, Shane Eten, David Worthen, Benjamin Small, Nick Whitman, Richard Burnes and Jeffrey Possick are independent board members.

Here is the list of Divert's board of directors:

Name	Type	Representing	Status	Duration
Ryan Begin	Independent board member	-	Current	8y 4m
ily{xnu	Independent board member	-	Current	6y 5m
puzhfbv	Independent board member	-	Current	9y 5m
zzqyoio	Independent board member	-	Current	7y 2m
equligp	Independent board member	-	Current	6y 1m
yizxqtx	Independent board member	-	Current	8y 2m
wgia{zn	Independent board member	-	Current	5y 8m

View details of Divert's Founder profiles and Board Members

Divert's employee count trend

Divert has 234 employees as of Apr 26. Here is Divert's employee count trend over the years:

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Top competitors of Divert include GPS Renewables, Carbonlites and Raízen. Here is the list of Top 10 competitors of Divert, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GPS Renewables 2012, Bengaluru (India), Series B	Provider of biogas engineering and clean fuels technology solutions	$20M	Caspian, Triodos Investment Management & 18 others	66/100
2nd	Carbonlites 2009, Bengaluru (India), Seed	Biogas digester developer and bio-CNG producer	$2.93M	Schneider Electric, Indian Angel Network ... & 145 others	64/100
3rd	Raízen 2011, Sao Paulo (Brazil), Public	Provider of bioenergy from waste products	-	Citi, Credit Agricole CIB & 3 others	61/100
4th	PurposeEnergy 2007, Pelham (United States), Acquired	Provider of organic waste processing systems and sustainable solutions for businesses	$4.32M	Clean Energy Venture Group, Green Mountain Power ... & 5 others	60/100
5th	Aemetis 2006, Cupertino (United States), Public	Manufacturer of renewable fuels and renewable chemicals	-	State of California, India Venture Partnership ... & 3 others	60/100
6th	Sistema 2009, Mexico (Mexico), Series B	Provider of biodigester technology that transforms animal waste into bioenergy	$60.4M	DILA Capital, Engie & 30 others	59/100
7th	WtE-As 2017, Barcelona (Spain), Series B	Provider of solutions to convert waste into fuel	$11.8M	SC Netzero Ventures, CEMEX Ventures & 2 others	54/100
8th	Carbon Masters 2009, Bengaluru (India), Series A	Provider of carbon footprinting software and Net Zero consulting services	$2.05M	Schneider Electric, Good Capital & 75 others	53/100
9th	Gruner Renewable 2023, Noida (India), Series C	Provider of sustainable energy solutions from waste	$60M	-	53/100
10th	Divert 2005, Concord (United States), Series B	Provider of recyclable waste management services	$1B	MissionPoint Partners, Wittington Investments ... & 3 others	52/100