You ever spend six weeks and five figures just to prove you’re not breaking the law? That’s the kind of twisted compliance theater Karun Kaushik and Selin Kocalar found themselves starring in while building an AI medical scribe at MIT. What should’ve been a launch turned into a legal obstacle course. Lawyers. Contractors. HIPAA riddles written in bureaucratic haiku. And for what? A security checkbox that served more ego than effectiveness.
So they built Delve, and this week, the compliance world just got its shot of espresso.
Delve just raised $32 million in Series A funding, led by Insight Partners with backing from CISOs at Fortune 500 companies. Add that to the $3.3 million seed round from Y Combinator, General Catalyst, FundersClub, and Soma Capital, and the total climbs to $35.3 million. But don’t get distracted by the dollar signs, this isn’t just another “platform play.” This is AI that actually understands compliance, not just regurgitates it.
Delve’s core move? Turning every arcane framework, SOC 2, HIPAA, ISO 27001, GDPR, PCI DSS, into something that finally makes sense to the teams who have to live it. We’re talking autonomous AI agents built by alumni of MIT, Stanford, and Berkeley, capable of pulling evidence from GitHub, AWS, and tools you forgot you subscribed to. They’re not here to check boxes. They’re here to check reality.
With customers jumping from 100 to 500+ in under two years, and names like Lovable, Bland, Wispr Flow, and even deals stretching toward OpenAI and PayPal, this isn’t hype. It’s momentum built on actual performance: certifications achieved in days, not quarters. One customer unlocked $500,000 ARR in a week. Another saved 143 hours of human sludge work in a single audit cycle. That’s not automation. That’s liberation.
Karun Kaushik and Selin Kocalar aren’t just shipping features. They’re gutting the middlemen and hardcoding clarity into a $40 billion headache of lost productivity. And they’re doing it with real AI, not PowerPoint AI. There’s a difference, and Delve proves it.
