About Develop Diverse
Develop Diverse is a company based in Copenhagen (Denmark) founded in 2017 by Jenifer Clausell Tormos. Develop Diverse has raised $3.3 million across 5 funding rounds from investors including European Union, Katapult and SEED Capital. The company has 15 employees as of November 30, 2024. Develop Diverse offers products and services including Inclusive Writing Editor, Smart Editor, and Public Performance. Develop Diverse operates in a competitive market with competitors including Cangrade, Bryq, Diversely, Equalture and Praice, among others.
- Headquarter Copenhagen, Denmark
- Employees 15 as on 30 Nov, 2024
- Founders Jenifer Clausell Tormos
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Develop Diverse Aps
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Annual Revenue
Not available
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Net Profit
-$1.46 M (USD)-613as on Dec 31, 2022
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EBITDA
-$1.44 M (USD)-393as on Dec 31, 2022
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Total Equity Funding
$3.3 M (USD)
in 5 rounds
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Latest Funding Round
$3 M (USD), Seed
Aug 16, 2021
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Investors
European Union
& 4 more
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Employee Count
15
as on Nov 30, 2024
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Products & Services of Develop Diverse
Develop Diverse offers a comprehensive portfolio of products and services, including Inclusive Writing Editor, Smart Editor, and Public Performance.
Tool to detect and replace exclusionary language in job descriptions.
AI platform for improving content by suggesting inclusive alternatives.
System to monitor team job ad performance and diversity metrics.
People of Develop Diverse
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Funding Insights of Develop Diverse
Develop Diverse has successfully raised a total of $3.3M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Develop Diverse
Develop Diverse has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include European Union, Katapult and SEED Capital.
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Venture capital firm backing Nordic tech startups from seed to Series A with investments in Consumer, Deep Tech, and related sectors.
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Government agency and accelerator focusing on innovative startups and SMEs
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Investment consulting services are provided to guide client portfolios.
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Investor details for Develop Diverse
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Investments & Acquisitions by Develop Diverse
Investment portfolio details for Develop Diverse
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Financial Statements - Develop Diverse
Detailed financials for Develop Diverse
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Develop Diverse Comparisons
Peer comparison for Develop Diverse
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Competitors of Develop Diverse
Develop Diverse operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cangrade, Bryq, Diversely, Equalture and Praice, among others.
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Employee success is predicted through web-based candidate assessments.
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Cloud-based applicant tracking and candidate screening platform is provided.
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AI-driven workplace monitoring platform is provided by Diversely.
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Diversity recruitment is enabled by a cloud-based AI assessment platform.
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Candidates are screened via behavioral profiling metrics to minimize biases.
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Detailed competitors of Develop Diverse
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Latest news on Develop Diverse
Complete news archive for Develop Diverse
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Frequently Asked Questions about Develop Diverse
Develop Diverse was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Develop Diverse is headquartered in Copenhagen, Denmark.
Jenifer Clausell Tormos is the current CEO of Develop Diverse. They have also founded this company.
Develop Diverse is a funded company, having raised a total of $3.3M across 5 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Develop Diverse is 15.
Develop Diverse was founded in 2017 in Copenhagen, Denmark, within the AI recruitment sector. An AI-based platform is provided, featuring DD-scan software that identifies and highlights implicit and explicit stereotypic language in texts. Neutral alternatives are suggested in real-time to support inclusive writing practices. This approach is designed to broaden access to diverse talent pools across gender, ethnicity, and age demographics for businesses.
Develop Diverse offers Inclusive Writing Editor, Smart Editor, and Public Performance.
Develop Diverse has 5 investors. Key investors include European Union, Katapult, SEED Capital, Michael Halbye, and EIC Fund.
The valuation of Develop Diverse is $11.71M as of Aug 2021.