Develop Diverse Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
11
- Latest Deal Type
-
M&A
Develop Diverse General Information
Description
Developer of an artificial intelligence-based recruitment platform designed to attract candidates and fill positions to create a diverse workforce. The company's platform enables companies to detect and replace socially stereotypical words and media content in their internal and external communications, helping recruitment and HR teams improve communication in job posts, career pages, emails, and other employer branding content.
Contact Information
Website
www.developdiverse.com(Operating Subsidiary)
Corporate Office
- Vesterbrogade 149
- Building 4
- 1620 Copenhagen
- Denmark
Corporate Office
- Vesterbrogade 149
- Building 4
- 1620 Copenhagen
- Denmark
Develop Diverse Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 27-Feb-2026 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 03-Jan-2025 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 16-Aug-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 03-Sep-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 24-Apr-2019 | $137K | $137K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 01-Jan-2018 | Completed | Startup |
Develop Diverse Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 5,556 | $0.158654 | $19.09 | $19.09 | 1x | $19.09 | 6.98% |
Develop Diverse Comparisons
Industry
Financing
Details
Develop Diverse Competitors (1)
One of Develop Diverse’s competitors is Textio, a Venture Capital-Backed company based in Seattle, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Textio | Venture Capital-Backed | Seattle, WA |
Develop Diverse Signals
Develop Diverse Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Copenhagen School of Entrepreneurship | Accelerator/Incubator | |||
| InnoFounder | Accelerator/Incubator | Minority | ||
| Katapult Group | Accelerator/Incubator | Minority | ||
| Angel (individual) | Minority | |||
| Morph Capital | Venture Capital | Minority |
Develop Diverse FAQs
-
When was Develop Diverse founded?
Develop Diverse was founded in 2017.
-
Where is Develop Diverse headquartered?
Develop Diverse is headquartered in Copenhagen, Denmark.
-
What is the size of Develop Diverse?
Develop Diverse has 11 total employees.
-
What industry is Develop Diverse in?
Develop Diverse’s primary industry is Human Capital Services.
-
Is Develop Diverse a private or public company?
Develop Diverse is a Private company.
-
What is Develop Diverse’s current revenue?
The current revenue for Develop Diverse is .
-
How much funding has Develop Diverse raised over time?
Develop Diverse has raised $6.33M.
-
Who are Develop Diverse’s investors?
Copenhagen School of Entrepreneurship, InnoFounder, Katapult Group, , and Morph Capital are 5 of 6 investors who have invested in Develop Diverse.
-
Who are Develop Diverse’s competitors?
Textio is a competitor of Develop Diverse.
-
When was Develop Diverse acquired?
Develop Diverse was acquired on 27-Feb-2026.
-
Who acquired Develop Diverse?
Develop Diverse was acquired by HR-On.
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