BREAKING Delve raises $32M Series A led by Insight Partners Reported $300M valuation 1,500+ companies onboarded SOC 2 in days, not quarters Founded by MIT students Karun Kaushik & Selin Kocalar 43,000 hours of busywork eliminated BREAKING Delve raises $32M Series A led by Insight Partners Reported $300M valuation 1,500+ companies onboarded SOC 2 in days, not quarters Founded by MIT students Karun Kaushik & Selin Kocalar 43,000 hours of busywork eliminated
Company Profile · RegTech × AI

DELVE

The startup that decided the most tedious part of selling to the enterprise - getting compliant - should be handled by software, not all-nighters.

San Francisco Founded 2023 ~40 people Series A AI · SaaS · Enterprise
Delve

EXHIBIT A: The Delve calling card. A wordmark for a company whose entire job is to make a different, far more boring document - your audit report - show up on time.

Dispatch / San Francisco

It is 2026, and somewhere in a Slack channel a founder is staring at a security questionnaire with 214 questions. A customer worth seven figures is on the other side of it. At a company called Delve, that questionnaire is supposed to fill itself in.

Delve sells a simple proposition to anyone who has ever tried to close an enterprise deal: the part where the buyer's security team demands a SOC 2 report, a HIPAA attestation, an ISO certificate - the part that quietly kills momentum for months - does not have to be a human job anymore. Point AI agents at the code, the cloud, the policies. Let them gather the evidence, watch the controls, and assemble the binder. Sign here.

The company is roughly forty people, headquartered at 301 Howard Street, and it is run by two people who, not long ago, were undergraduates. That detail is either the most interesting thing about Delve or a distraction from it, depending on whom you ask.

"Compliance in days, security that lasts."

- Delve's own pitch, delve.co
The Problem They Saw

Compliance is a tax on trust

Here is the unglamorous truth about modern software sales. Before a big company hands you money, it wants proof that you will not lose its data. That proof has a name - SOC 2, ISO 27001, HIPAA - and earning it traditionally means hiring a consultant, screenshotting your settings for weeks, writing policies nobody reads, and waiting on an auditor.

It is busywork in its purest form. Necessary, repetitive, and almost entirely about collecting evidence that something is true rather than making it true. For a fast-moving startup, the months lost to it are months of revenue parked at the curb.

Delve's founders looked at that and saw a workflow practically designed for automation: structured requirements, predictable evidence, the same dance performed by every company in the same order. The kind of problem that, in 2023, suddenly had a new tool pointed at it.

"The work was never the hard part. The proof was. Delve's bet is that the proof can be assembled by machines."

- The central wager
The Founders' Bet

Two students, one shared advisor, and a leap

Karun Kaushik and Selin Kocalar met during their first week at MIT. They shared an academic advisor, an interest in AI, and - eventually - the conviction to leave school before finishing it. Kaushik had already helped scale an AI COVID diagnostic tool during the pandemic. Kocalar, by her early twenties, had reportedly published eight peer-reviewed papers and run an experiment aboard the International Space Station.

In 2023 they bet that compliance - not the sexiest corner of software, which is precisely the point - was ripe for AI agents. Both later landed on Forbes 30 Under 30. The bet, at least on paper, paid quickly.

Co-founder · CEO

Karun Kaushik

Worked in MIT AI labs; helped scale an AI COVID diagnostic globally before turning to compliance.

Co-founder · COO

Selin Kocalar

Prolific young researcher - papers, an ISS experiment - who traded the lab bench for the audit binder.

"21-year-old MIT dropouts raise $32M at a $300M valuation."

- TechCrunch headline, July 2025
The Record / Milestones

From dorm to a $300M number

2023

Delve is founded

Kaushik and Kocalar leave MIT to build AI agents for regulatory compliance.

2024

$3.3M seed

Early backing fuels the first version of the platform and the push into SOC 2 and HIPAA.

2025 · JUL

$32M Series A

Insight Partners leads the round, joined by CISOs from Fortune 500 companies. Reported valuation: ~$300M.

2025

1,500+ customers

Framework coverage expands to ISO 42001, FedRAMP, PCI-DSS, the EU AI Act and more.

2026 · APR

Public scrutiny

Reports question audit and report practices; the founders publicly deny the allegations.

The Product

Agents that do the clicking for you

The pitch is less "dashboard" and more "coworker who never sleeps and genuinely enjoys evidence collection." Delve's platform leans on AI agents to handle the parts of compliance people dread most.

Compliance Agents

Collect evidence, monitor controls continuously, and assemble audit-ready documentation.

Questionnaire Autofill

Answers the inbound security questionnaires that gate enterprise deals.

Code & Infra Scanning

SAST and cloud scanning to surface and document control gaps.

AI Policy Assistant

Drafts and maintains policies mapped to framework requirements.

Trust Reports

Public trust pages companies can hand to prospects to shortcut the security review.

Computer-Use Agent

Literally navigates tools and takes screenshots - the human grunt work, automated.

One platform, a long list of acronyms it speaks fluently:

SOC 2HIPAAGDPRISO 27001ISO 42001PCI-DSSHITRUSTFedRAMPCCPA21 CFR Part 11NIST AI RMFEU AI Act

"Delve gets $32M to delve deeper into the world of agentic AI compliance."

- SiliconANGLE, July 2025
The Proof / By The Numbers

What the company says it has moved

$32M
Series A
~$300M
Reported valuation
1,500+
Customers
43,000
Hours saved (claimed)

Delve's headline numbers, charted

Company-reported figures. Bars scaled for comparison, not audited.

Customers
1,500+
Faster prep
8.7x
Time saved
75%
Revenue unlocked
$2.3B

Source: delve.co self-reported metrics. Figures are marketing claims, not independently verified.

The customer base skews toward the people most allergic to compliance friction: fast-growing startups, AI companies, and YC-adjacent firms that need a badge to unlock a deal. Insight Partners led the money. CISOs from large companies put their names on the round - a useful signal in a market that runs entirely on trust.

For the record

Delve's rise has not been free of controversy. In 2026, reports questioned aspects of its audit and reporting practices. The founders publicly denied the claims, characterizing them as a coordinated smear campaign. The allegations are disputed and, as of this writing, unproven - included here only because a profile that ignored them would not be an honest one.

The Mission

Make the gatekeeper invisible

Strip away the funding headlines and the company's goal is narrow and concrete: turn compliance from a months-long project that blocks revenue into a continuous, automated background process. Get the badge faster. Keep it without thinking about it. Then forget the whole thing exists until the next renewal.

It is a deeply unsexy mission, and Delve seems to know that is its advantage. Nobody dreams of doing SOC 2. Which is exactly why someone was always going to try to automate it away.

"Compliance is a tax on trust. Delve is trying to automate the tax collector."

- The throughline
Why It Matters Tomorrow

Back to that founder, the one staring at 214 questions with a seven-figure deal on hold. The whole premise of Delve is that this scene should not exist - that the questionnaire fills itself, the evidence is already gathered, and the deal closes this week instead of next quarter.

Whether Delve becomes the company that delivers on that or a cautionary tale about moving fast in a field built on trust is the open question - and the stakes are real, because compliance only works if people believe the paperwork. But the underlying bet looks durable: as AI agents get better at doing the small, structured, mind-numbing tasks of business, the audit binder is an obvious early target. Someone is going to automate the most boring document in enterprise software. Delve raised $32 million arguing it should be them.

The questionnaire is still there. The question is who - or what - answers it.