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 round in January, was growing fast and signing customers at a steady clip.
Then, inbound interest started rolling in, COO Kocalar told TechCrunch.
Delve, which automates regulatory compliance with AI agents, ended up fielding multiple term sheets, eventually closing a $32 million Series A at a $300 million valuation. The round was led by Insight Partners, which took up most of the round, with participation from CISOs at Fortune 500 companies.
Insight has been “amazing to work with, and we felt they were the right long-term partner for us,” said the COO.
Delve’s new valuation…
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