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Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

CN
CitrixNews Staff
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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.

The controversy, detailed last week in a Substack post by an anonymous whistleblower known as “DeepDelver,” has apparently led Insight Partners to scrub an article explaining its $32 million investment in the startup. DeepDelver, who claims to be a former client, alleged that Delve, which was valued at $300 million during its Series A funding round last year, fabricated compliance data for its customers.

Originally reported by TechCrunch