Delve has secured $32 million in Series A funding to advance its artificial intelligence platform that automates regulatory compliance tasks. The San Francisco startup, led by Insight Partners‘ investment round with participation from Fortune 500 chief information security officers, now holds total funding of $35.3 million following its earlier $3.3 million seed round completed in 2024.
The MIT alumni-founded company addresses what it identifies as a significant operational burden across American and European businesses. According to the startup, over four million professionals regularly perform repetitive compliance activities including evidence collection, spreadsheet maintenance, and approval processes that collectively drain $40 billion annually from corporate productivity.
From Medical AI to Compliance Automation
Co-founders Karun Kaushik and Selin Kocalar initially developed artificial intelligence technology for medical documentation before encountering the complexities of healthcare data regulations. Their experience navigating HIPAA compliance requirements—which demanded months of work and substantial financial investment—revealed the manual, fragmented nature of regulatory processes.
“While developing our medical scribe, we had to complete HIPAA compliance, which cost tens of thousands of dollars and months of work” recalls co-founder Selin Kocalar, the company’s chief operating officer. This challenge prompted their strategic pivot towards building automated compliance solutions.
AI-Native Approach to Regulatory Requirements
Unlike traditional compliance software that digitises existing manual workflows, Delve constructs its platform specifically around artificial intelligence capabilities. The system deploys AI agents designed to function as integrated team members, processing company-specific contexts while navigating disparate internal systems to handle end-to-end compliance requirements.
The platform currently supports over 25 regulatory frameworks including SOC 2, HIPAA, GDPR, ISO 27001, and PCI DSS standards. Its functionality encompasses real-time monitoring, predictive gap analysis, and autonomous evidence collection—capabilities that traditionally consume hundreds of labour hours.
“Our platform provides companies with AI agents that function as team members, understanding company context, navigating fragmented systems, and handling complex compliance tasks end-to-end” ~ Selin Kocalar, co-founder.
Female Leadership in Technology Sector
Kocalar emphasises how her identity as a female founder influences the company’s operational approach and marketing strategies. Before establishing Delve, she had published eight peer-reviewed research papers by age 20 and led experiments aboard the International Space Station. Her unconventional promotional tactics have included distributing 10,000 doughnuts across San Francisco and shipping custom doormats to hundreds of startups.
“Being a female founder is central to how I operate at Delve” Selin Kocalar states, highlighting the company’s commitment to creative differentiation within the competitive compliance technology market.
Growth Trajectory and Market Impact
Since its founding two years ago, Delve reports a 500% increase in its customer base, with hundreds of growing businesses securing hundreds of millions in contracts through streamlined compliance processes. The funding will accelerate AI development, team expansion, and support for additional regulatory frameworks.
Insight Partners Managing Director Praveen Akkiraju views compliance modernization as fundamental to broader organizational transformation, noting that regulatory requirements intersect with operations scaling, deal closure, and customer trust building.
“We’re focused on making compliance a growth advantage, not a bottleneck” Selin Kocalar summarizes, positioning regulatory adherence as a strategic accelerator rather than operational friction.