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Gergely Orosz Analyzes Delve's $32M Seed Funding Status
Gergely Orosz Analyzes Delve's $32M Seed Funding Status
 ### Gergely Orosz@GergelyOrosz
The question on the $32M seed answered: Delve won’t return what remains
Source: CEO saying “we are not going anywhere and committed to building what’s next” - aka they want to pivot.
To be honest this part is only a problem for the investors, if even
#### Karun Kaushik
@karunkaushik_ · 6h ago
There’s been a lot of allegations against Delve.
But we haven’t been able to share our side of the story until today due to ongoing cybersecurity and forensics investigations.
Maintaining customer trust is central to everything we do.
That said, we grew too fast and fell short of our own standard. To our customers, we deeply apologize for the inconveniences caused.
We take these allegations seriously and have made changes: a new auditor network, free re-audits and pentests for all customers, enhanced transparency in audit communications, and more.
However, we also want to set the record straight on the anonymous attacks.
The evidence we have points to a targeted cyberattack from a malicious actor, not a “whistleblower.”
We believe the attacker purchased Delve under false pretenses, exfiltrated internal company data, and used it to launch a coordinated smear campaign.
The posts rely on a mix of fabricated claims, cherry-picked screenshots, and stolen data taken out of context.
See the link in the comments for more details.
Delve was built to modernize compliance. We are not going anywhere and are committed to building what's next.Show More
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Apr 4, 2026, 5:15 AM View on X
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9,149 Views  Gergely Orosz @GergelyOrosz
One Sentence Summary
Gergely Orosz interprets the CEO of Delve's statement as a clear signal that the company intends to pivot rather than return the remaining $32M in seed funding.
Summary
Gergely Orosz provides a concise interpretation of the recent statement from the CEO of Delve regarding their $32M seed funding. By analyzing the CEO's claim of 'building what's next,' Orosz concludes that the company has no intention of returning the remaining capital to investors and is instead planning a pivot. He notes that this situation is primarily a concern for investors, if it is a concern at all, cutting through the corporate PR language.
AI Score
78
Influence Score 4
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English
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Delve
Startup
Venture Capital
Pivot
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