Delve, a groundbreaking AI compliance startup, has closed $32 million in their Series A funding round. Founded by former MIT classmates Karun Kaushik and Selin Kocalar, the company’s latest valuation has soared to a stunning $300 million. Insight Partners leads this significant milestone funding round. Emerging young entrepreneurs who successfully completed the rigorous program — only two years after dropping out of Stanford University as sophomores — toasting their good fortune.
Delve is committed to making compliance easier, more efficient, and more effective with innovative technology. As our AI agents get to work behind the scenes to remove the busywork associated with regulatory compliance, Delve’s intelligent AI agents connect with customers’ existing proprietary and third-party tools. They function as surrogate internal team members, streamlining the compliance process and increasing efficiency across the board.
Although the company started with a focus on HIPAA compliance, it has quickly pivoted to serve discussion on many other regulatory frameworks. Delve’s unique approach has proven successful for companies at every stage, but especially recently for hyper-growing AI scaleups like Lovable, Bland and Wispr Flow. Delve has grown rapidly since it was founded. Its customer base has increased from only 100 companies to more than 500, reflecting the increasing demand for innovative compliance solutions.
Financing January saw Delve announce a $3 million seed round, setting the stage for its striking triple-digit growth trajectory. The twelvemonkeys’ recent Series A funding gives it a strong financial kick in the pants. It represents about a tenfold increase in valuation from the last round it raised at. This quick scaling allowed Delve’s team to bring on customers at a consistent and rapid clip.
Selin Kocalar, currently the Chief Operating Officer, said she feels positive about what is ahead for Delve.
“We’re positioning ourselves to improve as AI advances and labs roll out more sophisticated agentic technologies. But what truly sets us apart is the deep, domain-specific knowledge we’re building into the platform.”
With ever-changing regulatory landscapes, businesses struggle to catch up and understand what they need to comply with. Kocalar underscored Delve’s special place in this shifting environment, adding,
“Compliance is always shifting as new regulations emerge and existing ones evolve, with companies interpreting them in different ways. That’s where Delve stands out.”
Additionally, as Praveen Akkiraju noted, it’s important to recognize the essential function of compliance modernization across our institutions. He remarked,
“Since compliance touches every part of how a business runs, from scaling operations to closing deals to building customer trust, modernizing this function will modernize the entire organization.”
Through its innovative approach and smart growth, Delve is looking to change the way businesses think about and handle their regulatory compliance. Delve takes advantage of other innovative AI technologies to power their platform. With an emphasis on deep industry expertise, it is uniquely equipped to guide companies in the new, more complicated regulatory landscape.
