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Delve AI: How a Startup Founded by MIT Dropouts Reached $300 Million Valuation

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by Giorgi Kostiuk

10 hours ago


Delve, founded by two MIT graduates, is rapidly gaining traction and receiving significant investments in the field of AI and regulatory compliance.

The Rapid Ascent of Delve AI: From Seed to Series A

Delve, created by Karun Kaushik and Selin Kocalar, started with a $3 million seed round in January but quickly raised $32 million in Series A funding, valuing the company at $300 million, a tenfold increase from its previous round.

Revolutionizing Regulatory Compliance with Intelligent AI Agents

Delve’s main objective is to automate compliance using advanced AI agents that integrate with clients’ existing tools, performing various tasks like evidence collection and report generation, allowing human teams to focus on strategic initiatives.

The Strategic Pivot: Unlocking Explosive Growth in AI Compliance

Initially focused on a medical scribe system, Delve pivoted to assist companies in achieving compliance with regulatory frameworks, successfully securing funding and expanding its customer base.

The story of Delve exemplifies how innovation and the right business direction can lead to significant achievements in technology and automation.

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