Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations
Delve, a Y Combinator-backed compliance startup accused of fabricating certifications for its customers, has disabled the “book a demo” feature on its website.
Delve’s co-founders Karun Kaushik and Selin Kocalar, as well as Insight Partners, did not immediately respond to TechCrunch’s request for comment. On its website, Delve claims to have helped customers such as Microsoft, Chase, PayPal, American Express, and the AI search company Perplexity cut “hundreds of hours” of compliance busywork.
However, it remains unclear how many of these companies are still active users of the platform.
” The post further alleges that Delve’s platform rubber-stamps its own reports rather than undergoing a second layer of independent auditing.
Delve also said that its customers “can opt to work with an auditor of their choosing or opt to work with one from Delve’s network of independent, accredited third-party audit firms.
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