Diversio

Diversio

AI-powered DEI analytics and consulting platform

Overview

Diversio provides an AI-powered platform that helps organizations build more inclusive workplaces by measuring and improving diversity, equity, and inclusion. It collects and analyzes workplace diversity data, uncovers biases, and delivers actionable recommendations. The product includes a dashboard for tracking performance against industry benchmarks and measuring progress over time, along with certifications, training, and consulting services. The platform is accessed via subscriptions, and Diversio also offers consulting engagements to support DEI initiatives. What sets Diversio apart is its combination of data-driven analytics with expert guidance and certification, targeting a broad set of clients such as corporations and private equity firms. The company’s goal is to help organizations diagnose DEI issues, implement effective solutions, and continuously improve their DEI metrics to attract and retain talent and foster inclusive cultures.

About Diversio

Simplify's Rating
Why Diversio is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$6.6M

Headquarters

Toronto, Canada

Founded

2018

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Simplify's Take

What believers are saying

  • Serves Honda, Accenture, Danone across 35 countries for scalability.
  • Clients achieve 3x improvement in employee safety and inclusion feelings.
  • Partnerships with Apex Group and ILPA enhance investor reporting capabilities.

What critics are saying

  • DEI backlash from U.S. states and firms like Meta cuts client budgets.
  • Salesforce and Workday embed DEI tools, commoditizing Diversio's analytics.
  • CCDI integration fails, causing talent exodus and consulting revenue loss.

What makes Diversio unique

  • AI-powered platform integrates with 44+ systems for DEI data capture.
  • Acquired CCDI Consulting in May 2024 to expand training services.
  • Provides benchmarks against industry standards and regulatory compliance.

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Funding

Total Funding

$6.6M

Below

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$6.5M
Diversio
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

15%
BetaKit
Jan 31st, 2025
Boardy Partners With Diversio In Effort To Make Its Ai More Inclusive Following Email Backlash

AI “superconnector” that sent unsolicited messages about users’ looks will now undergo inclusivity training

BetaKit
May 22nd, 2024
S|W: The SaaS Weekly - Squarespace to go private in $6.9 billion deal after hefty IPO

Toronto-based Diversio, which aims to help companies eliminate barriers to diversity and inclusion, has acquired CCDI Consulting from the Canadian Centre for Diversity and Inclusion for an undisclosed amount.

Business Wire
May 13th, 2024
Diversio acquires CCDI Consulting, ushering in a new era of workplace inclusion

Diversio acquires CCDI Consulting, ushering in a new era of workplace inclusion.

Business Wire
May 13th, 2024
Diversio Acquires CCDI Consulting

Diversio, a leader in workplace inclusion solutions, has acquired CCDI Consulting from the Canadian Centre for Diversity and Inclusion. This acquisition enhances Diversio's offerings with CCDI's extensive DEI expertise, services, and training resources, positioning Diversio as a global standard in fostering inclusive, diverse, and efficient workplace environments.

PR Newswire
Mar 27th, 2024
Association For Women In Cryptocurrency Inaugural Report Finds Noteworthy Inclusion Gaps In Crypto Industry

Findings expose that the crypto industry needs to catch up to the larger tech industry when measuring gender-based inclusion.NEW YORK, March 27, 2024 /PRNewswire/ -- The Association for Women in Cryptocurrency (AWIC), the leading global community for women and supportive allies, released its State of Inclusion Report with findings on workplace culture and inclusivity across the digital asset industry. The report represents the most comprehensive effort evaluating the state of inclusion in the crypto industry to date, yielding over 500 responses from 215 companies, nonprofits, and government agencies."Our report represents an industry-wide commitment to understanding where the crypto industry falls behind when it comes to inclusion," said Amanda Wick, AWIC founder and CEO. "While some of these findings may appear to be discouraging, it's important to bring this reality to light, recommit ourselves to elicit change as industry leaders, and find ways in which we can work together to bridge the gap."Association for Women in Cryptocurrency Inaugural Report Finds Noteworthy Inclusion Gaps in Crypto Industry Post thisKey findings from the 2024 State of Inclusion Report:Inclusion in crypto does not score well against the more significant tech industry.Survey results showed that the crypto industry had an inclusion score of 43.9 compared to the larger tech industry's score of 78 (via survey partner Diversio's six-metric inclusion framework )industry had an inclusion score of 43.9 compared to the larger tech industry's score of 78 (via survey partner Diversio's six-metric ) When inclusion score averages were analyzed at the cross-demographic level (differences like race, sexuality, disabilities, or health conditions), the primary differentiator was genderThe crypto industry has a distinct gender gapWomen ranked lower in satisfaction than men across all six inclusion metrics (culture, management, career development, flexible work options, safe work environment, and individual-specific experiences) The most significant variance was between male and female subgroups, with the greatest difference existing between heterosexual men and non-white LGBTQ+ womenPay equity was the most prominent gender-based demand (according to 50% of respondents) among workplaces surveyed, followed by improved feedback culture (41.7%)When surveyed on workplace flexibility, the lowest scoring groups were among racial minorities, especially LGBTQ+ non-white men, but women generally scored lower than men across subgroups Responses showed that the main concerns were about parental policies and work flexibility, namely, women seeking better maternity policiesThe crypto industry feels unsafe to manyWhen surveying experiences of physical, mental, or sexual harassment in the workplace, there is an astonishing disparity between the crypto and tech industries The "safest" members of the crypto industry (white, heterosexual men with no conditions) are still scoring 70% lower than tech generallyand tech industries 82% of women reported experiencing the industry as not being free from harassment, compared to 48% of menLGBTQ+ individuals report feeling unsafe at a rate of 68%, whereas heterosexual individuals report feeling unsafe at a rate of 57%Individual corporate efforts matterSome company-specific data resulted in a higher overall inclusion score compared to industry-wide data This variance indicates that some organizations are effectively creating more inclusive environments and underscores the importance of company-level initiatives and policies in fostering an inclusive culture"As industry leaders, it's important that we have conversations about the reality of inclusion across the crypto and wider Web3 ecosystem," said Michelle O'Connor, AWIC board member and vice president of marketing & communications at TaxBit. "With this data, we now have a clear view of what needs to change, and as an industry, we can take action."AWIC is a global community of women and allies who advocate for women's equal inclusion across the digital asset industry. To get involved, visit womenincrypto.org and join the effort to #UnManelYourPanel .AWIC conducted the State of Inclusion Report with Diversio , the leading global diversity, equity, and inclusion (DEI) platform.The complete findings from the 2024 State of Inclusion Report are available for download here .About The Association for Women in Crypto (AWIC)AWIC is a global platform for women and supportive allies of all genders who seek to enhance their knowledge and education in the growing fields of cryptocurrency, blockchain, and web3, while advancing the opportunities for women and the role they will play in the future of digital finance and innovation. The organization comprises members and sponsors from the private and public sectors, including educational, regulatory, and financial institutions, and those committed to ensuring women have an equal opportunity to participate in crypto, blockchain, and web3

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