-100%

est. 2Y upside i

Series A

AI-native compliance trusted by 700+ of the fastest-growing companies, including Lovable, Bland, and Wispr Flow. Helping companies get compliant with SOC 2, HIPAA, ISO, GDPR, and more in days, not months.

Rank

#3818

Sector

Enterprise Software

Est. Liquidity

~4Y

Data Quality

Data: Low

Avoid.

Last updated: July 3, 2026

Bull (10%)-100%

Even if trust is partially restored, 5x exit multiple on declining revenue yields exit value ~$6.5M, below $35.3M preference, common stock worthless.

Base (45%)-100%

Revenue declines 30% annually, 3.5x exit multiple gives ~$4.6M, preference liquidation wipes out common.

Bear (45%)-100%

Revenue collapses, multiple compresses to 1x, exit value below $1.3M, common stock recovers -100%.

Est. time to liquidity~4.0 years

Preference Stack Risk

moderate

Funding Intensity

1180%

Total funding $35.3M vs valuation $300M (11.8%); preference overhang wipes out common in all scenarios.

Dilution Risk

high

Likely down round needed; existing shareholders face 20%+ dilution.

Secondary Liquidity

none

No secondary market; shares illiquid with no path to liquidity.

Engineering 6 roles

Growth 4 roles

Ops 2 roles

View all 15 open roles at Delve

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Delve's data — designed to show you've done your homework.

  • 1

    How would you rebuild trust with customers after the compliance fabrication allegations?

  • 2

    What is the realistic TAM for AI compliance automation given the trust barrier?

  • 3

    How does equity value align with career risk given the high likelihood of zero return?

Community

Valuation Sentiment

Our model estimates -100% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.