Delphina raises $7.5 million for AI agents that build the context behind company data

Nov 12, 2026
Radical Ventures and Costanoa co-led the round. Substack, LATAM Airlines and Coursera use its Context Factory for AI analytics.

Delphina has raised $7.5 million, bringing its total funding to $15 million, in a round co-led by Radical Ventures and Costanoa Ventures, according to a press release. Angel investors include Fei-Fei Li and Nobel laureate Guido Imbens.

AI analytics tools need to know which data tables are trusted, how metrics are defined and what analysts know but never wrote down. Delphina's Context Factory hands that work to AI agents, which build a baseline from a company's data and documents in hours, fix gaps as people ask questions and send important changes to experts for approval.

Business teams now ask 73% of the questions on the platform. At Substack more than 70% of employees use it, including CEO Chris Best, and other customers include LATAM Airlines, Upstart, Udemy and Coursera. CEO Jeremy Hermann built Uber's Michelangelo machine learning platform and co-founded Tecton, which Databricks acquired. The money goes into the Context Factory and into sales and customer engineering.

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