23 July 2025
Topic: Clip
21-year-old MIT dropouts raise $32M at $300M valuation led by Insight
Karun Kaushik and Selin Kocalar weren’t planning to raise a Series A so soon. Their AI compliance startup, Delve, which announced a $3 million seed ro...
TL;DR
AI compliance startup Delve has raised a $32 million Series A at a $300 million valuation, led by Insight Partners, and seeks to automate a billion hours of work in back-office operations.
Key Takeaways:
Key Takeaways:
- Delve's AI-powered compliance platform has grown from serving 100 companies to over 500, with a customer base expansion of roughly 5 times in six months.
- The startup's valuation has increased by 10 times from its previous round, reaching $300 million after closing a $32 million Series A.
- Delve aims to leverage its domain knowledge to maintain a competitive edge as general-purpose AI agents emerge in the market, focusing on expanding its presence in adjacent areas like cybersecurity and internal governance.
Knock it off!
Cassey Ho was getting her roots dyed when she started receiving hundreds of ecstatic messages. In a video clip promoting her song “Fortnight,” Taylor ...