Delve

Delve

Product innovation services; de-risking and alignment

Overview

Delve provides product innovation services to help teams turn big ideas into market-ready offerings in complex industries. It works by pairing breakthrough ideation with de-risking and organizational alignment across studios in Boston, Madison, Philadelphia, and San Francisco. Delve differentiates itself by combining fast, creative thinking with structured risk reduction and cross-functional execution for large, complex clients. Its goal is to deliver real business impact by bringing step-change innovations to market.

About Delve

Simplify's Rating
Why Delve is rated
D+
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D- on Differentiation

Industries

Consulting

Consumer Software

Design

Healthcare

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Madison, Wisconsin

Founded

1967

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Simplify's Take

What believers are saying

  • July 2025 Series A raised $32 million at a $300 million valuation.
  • Delve launched from stealth in 2025 with profitable operations and fast customer adoption.
  • Fortune 500 CISOs joined the round, strengthening enterprise credibility and sales access.

What critics are saying

  • TechCrunch reported April 2026 whistleblower claims of fake customer data and rubber-stamping auditors.
  • April 2026 reports said Delve’s media inquiries address stopped working, signaling reputational breakdown.
  • Compliance-trust failure destroys Delve if auditors, customers, or regulators reject its evidence integrity.

What makes Delve unique

  • Insight Partners backed Delve’s AI agents automate compliance evidence collection in 2025.
  • Delve serves hundreds of fast-growing companies, including 11x and Bland, from 2025 press.
  • Delve’s MIT founder team targets regulatory busywork with agentic compliance workflows.

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Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
PR Newswire
Nov 2nd, 2023
Delve Appoints Hero Digital, Razorfish Executive As Ceo

MADISON, Wis., Nov. 2, 2023 /PRNewswire/ -- Delve today announced the appointment of Patrick Frend as its Chief Executive Officer. This is the company's third executive-team hire following its acquisition of digital design and innovation firm altr in June.Frend will accelerate Delve's emergence as a leader in digital-physical product development—building upon the company's legacy of hardware excellence and strengthening digital capabilities to create products that effectively combine both elements."Many of today's best product experiences no longer live exclusively in the physical or digital world," Frend said. "Whether it's connected medical devices, industrial equipment, or consumer wearables, our ability to bridge industrial and digital design, and combine mechanical, electrical, and software engineering, makes Delve a powerful partner to help our clients deliver innovative solutions that cross boundaries."Frend joins Delve from Hero Digital, a digital customer experience company, where he served as president working with brands including Comcast, Lucid Motors, and Cedars-Sinai. Prior to his time at Hero Digital, he spent nearly two decades with Razorfish where he led digital transformation initiatives for brands including Ford, Mercedes-Benz, and Starwood.His appointment is the latest major milestone along Delve's mission to become the product innovation firm of choice to clients around the world. In October, Delve hired EVP of Strategy and Design Cortney Rowan and EVP of Engineering Mark Olson

MedicalWritersNewsHUBB
Jun 3rd, 2023
Design firm Delve buys Altr in first deal under owner Trinity Hunt – Medical Writers News Hubb

Delve announced its acquisition of Boston-based digital innovation and design firm Altr this week.

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