21-year-old MIT dropouts raise $32M at $300M valuation led by Insight
Title: MIT Dropouts Raise $32M Series A at $300M Valuation Karun Kaushik and Selin Kocalar, both 21-year-old MIT dropouts, have raised a $32 million Series A funding round for their startup, Delve, at a $300 million valuation. The round was led by Insight Partners. Delve was not initially planning to raise a Series A so soon, but the company started receiving significant inbound interest, leading to the successful funding round. The startup aims to provide a platform that helps companies manage and analyze their data more effectively. The founders' decision to drop out of MIT and start their own company at a young age highlights the growing trend of tech entrepreneurs forgoing traditional academic paths in favor of pursuing their entrepreneurial ambitions. The substantial funding round reflects the investors' confidence in Delve's potential to disrupt the data management and analytics space.
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