Insight Partners Removes Investment Post About Delve Amid ‘Fake Compliance’ Allegations

The controversy around Delve, a Y Combinator-backed compliance startup accused of creating fake certifications for its clients, has seemingly led investor Insight Partners to remove an article explaining its $32 million investment in Delve. The accusations were highlighted by an anonymous whistleblower, “DeepDelver,” who alleged that Delve falsified compliance data. Insight Partners’ original article, authored by managing directors Teddie Wardi and Praveen Akkiraju, can still be viewed on the Wayback Machine. Insight Partners has not responded to requests for comment. Delve, founded in 2023, claims to use AI to automate securing certifications like SOC 2, HIPAA, and GDPR. DeepDelver alleged that Delve fabricated board meetings and processes, offering customers fake evidence or mostly manual work. The post also claimed Delve’s platform self-endorses its reports without independent audits. Delve countered these accusations, stating it does not issue compliance reports but provides an automation platform for auditors. It offers templates for documenting processes in line with compliance requirements. Despite denying the allegations, Insight Partners’ removal of its investment article may indicate distancing from Delve. Editor’s Note: This story has been updated to focus on Insight Partners removing its post about Delve investment. Previous errors regarding Delve’s client claims have been corrected.