A trio of former Coinbase employees just raised $22 million to solve one of the least glamorous but most expensive problems in America’s infrastructure boom: making sure everyone follows the rules.
Dili, an AI-driven compliance automation platform, closed its Series A round led by Khosla Ventures, with participation from Allianz, Rebel Fund, Brick and Mortar Ventures’ Darren Bechtel, and Y Combinator’s Garry Tan. The company automates prevailing wage and apprenticeship (PWA) compliance for engineering, procurement, and construction firms working on federally incentivized projects.
From crypto to compliance
Co-founders Stephanie Song, Brian Fernandez, and Anand Chaturvedi all cut their teeth at Coinbase. They initially launched Dili through Y Combinator’s S23 batch as an AI-powered due diligence tool for private equity, the kind of platform that could chew through data rooms and spit out investment insights.
Then they spotted a bigger opportunity. The Inflation Reduction Act created massive tax incentives for clean energy and infrastructure projects, including a 30% Investment Tax Credit. But accessing those credits requires airtight compliance with federal wage and apprenticeship standards. Mess up the paperwork, and the government claws back the money.
