Dili raises $21.7M to apply AI to compliance for US infrastructure projects

Funding Details

Dili, an AI compliance company, announced it has raised $15 million in Series A funding. This round follows a $6.7 million seed round, bringing the company's total capital raised to $21.7 million. Khosla Ventures led the Series A, with participation from Allianz, Rebel Fund, Brick and Mortar Ventures' Darren Bechtel, and Y Combinator’s Garry Tan. Dili was part of Y Combinator’s Summer 2023 batch.

AI for Infrastructure Compliance

Dili specializes in applying AI to the compliance requirements of new U.S. infrastructure projects, especially those with federal funding. The company addresses the complex and overlapping regulations, such as Davis-Bacon rules for prevailing wages and PWA rules for clean energy projects under the IRA, as well as OSHA and EPA regulations. Non-compliance in these areas can result in significant fines.

Technology Approach

Dili's architecture uses AI models in its data layer to convert unstructured documents into structured data. This structured data is then processed by a deterministic system that applies complex, static compliance rules. This approach aims to ensure accuracy and prevent issues that could arise from LLM-based fuzziness, allowing compliance checks to be completed in minutes rather than a full day.

Impact on Compliance Processes

The company's system integrates information from various sources, including internal company documents, vendor documents, ERP systems, and payroll systems, to extract data specifically for reporting and compliance. This capability helps companies manage the high stakes involved in infrastructure project compliance, where even minor errors can lead to substantial financial penalties.