Archive · 28 Dec 2025
MIT Dropout Co-Founds $300M AI Startup
Selin Kocalar and Karun Kaushik were students at MIT who dropped out to start a company called Delve.
Delve uses AI to help companies follow rules and regulations automatically.
The company is now worth $300 million.
Selin Kocalar says that just working hard isn't enough to succeed; you also need to make sure you're working on the right things.
She advises young entrepreneurs to think about the future and choose challenging paths to build strength and perspective.
Before starting Delve, Selin had already done important research, including an experiment on the International Space Station.
Delve recently raised $3 million to continue growing.
Selin Kocalar and Karun Kaushik dropped out of MIT to found Delve, an AI startup.
Delve automates regulatory compliance using AI agents, reducing manual work.
The company reached a $300 million valuation in just two years.
Kocalar emphasizes that hard work alone doesn't guarantee success; direction is crucial.
She advises young entrepreneurs to think long-term and choose challenging paths.
- Who
- Selin Kocalar and Karun Kaushik, MIT dropouts
- What
- Co-founded Delve, an AI startup focused on regulatory compliance
- When
- Founded in 2021, reached $300M valuation in 2 years
- Where
- Started in an MIT dorm room
- Why
- To automate regulatory compliance using AI agents
- Startup Name
- Delve
- Founders
- Selin Kocalar and Karun Kaushik
- Valuation
- $300 million
- Focus
- AI-driven regulatory compliance
- Seed Round
- $3 million
- Year Founded
- 2021