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Diversion

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Diversion is the next step in SCM, built for the cloud age

Tel Aviv-Yafo, IsraelFounded 2021Other B2B Software
Valuation $25–50M Last recorded · 2025
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Diversion and the history behind them.

About Diversion

Founded in 2021 by Sasha Medvedovsky and Egal Lazarev, Diversion is a Tel Aviv-based company that has developed a code management and version control platform tailored for the digital entertainment industries. The company has secured a total of $12.4 million in funding through multiple rounds, including participation from Y Combinator, Konvoy Ventures, and New Era Capital Partners.

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The founders bring extensive and relevant experience to the venture. Sasha Medvedovsky, the CEO, is a seasoned software engineer and product manager who previously co-founded two companies, Leprechaun and Adience, both of which were successfully sold. His background includes serving as an officer in an elite Israeli cyber-intelligence unit. Co-founder Egal Lazarev began his software career in middle school, later earning a computer science degree and working in the Technological Unit of the Israeli Intelligence Corps before taking on engineering and leadership roles at various startups.

Diversion's platform is designed to address the specific challenges faced by creative teams, particularly game developers, who work with large files and complex project structures. Described as a "GitHub for game development," the service functions as a modern alternative to established version control systems like Perforce and Git. It provides a cloud-native solution that supports large files and integrates with industry-standard tools such as Unreal Engine, Unity, and various 3D modeling applications. Key features include synchronized cloud workspaces, Git-like branching and merging capabilities, real-time collaboration to prevent merge conflicts, and granular, folder-level permissions. This allows for more efficient workflows for both developers and artists.

The company's primary clients are game development studios, animation houses, and professionals in virtual production and 3D visualization. Diversion operates in the software development applications and DevOps market, targeting a niche that has been underserved by existing version control solutions. By offering a user-friendly, cloud-based service, Diversion eliminates the need for clients to manage their own servers. The platform aims to streamline project management by enabling teams to version both code and art assets in a single, secure repository.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Tel Aviv-Yafo, Israel
Employees
23
Open positions
None listed
Dealroom signal
53.4/100
Industry
Enterprise Software
Sector
Other B2B Software, YC S22
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC May 2025 $4.5M $37M Konvoy ↗
SEED✓Equity / VC Jun 2022 $7.4M $30M Secret Chord Ventures ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Diversion website traffic

Latest recorded traffic for Diversion is 60K monthly website visits, down 1.6% over the last three months. Diversion's team grew 155.6% over the past year.

Latest monthly visits60K 3-month web change-1.6% 1-year team growth+155.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Other known investors3 additional known investors

  • Nimrod Kramer
  • Omri Krigel
  • Pioneer Fund
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇮🇱 Israel69.2%
🇺🇸 United States23.1%
🇪🇸 Spain7.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Diversion on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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