Sectors
Foley & Lardner LLP served as legal advisor to DiversiFi, the AI-powered profit optimization platform for third-party logistics providers, in its $8 million funding round led by Utah-based investors Sorenson Capital, Kickstart, and Peterson Ventures.
DiversiFi is purpose-built for third-party logistics providers, leveraging AI to help them uncover hidden margin leakage, optimize pricing decisions, and bridge the gap between warehouse operations and finance. Based in Salt Lake City, DiversiFi enables operators to run more profitable businesses while delivering cost savings to customers. Among early customers, DiversiFi is already delivering measurable impact, reporting a 2x increase in sales close rates, 28% average margin growth, and an 18% reduction in shipping costs.
The Foley transactions team was led by partner Jeff Bowman with support from associates Scott Lin, Sarina Rogers, and paralegal Sara Burris.
To learn more about DiversiFi’s oversubscribed pre-seed and seed funding, click here.
