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Deloitte Announces Acquisition of Flipside Crypto's AI Business and Launches Edisyl to Help Close the Context Gap in Enterprise AI
Edisyl, part of Deloitte’s growing venture portfolio through D71 Ventures, combines domain knowledge with a company’s proprietary knowledge so the AI tools it already uses deliver answers the business can act on
New York and Boston, Nov. 12, 2026
Key takeaways
- Deloitte today introduced Edisyl Inc., an enterprise AI company that is part of D71 Ventures, Deloitte’s venture portfolio focused on AI-native businesses. Edisyl was formed in connection with Deloitte’s acquisition of the AI business of Flipside Crypto Inc. completed earlier this year.
- Edisyl builds the knowledge layer for enterprise AI, packaging expert context for a company’s existing AI tools to use.
- Its core product, the Knowledge Pack, pairs expert-annotated domain knowledge with a company’s proprietary data to create a knowledge layer that is portable across AI systems.
- Flipside’s full operating team of 24 people joined Edisyl, which continues under co-founder Dave Balter.
- D71 Ventures works with founders to turn consequential ideas into standalone ventures, combining staged capital, hands-on building support, and Deloitte’s industry reach to launch businesses that give Deloitte and its clients new paths to growth.
Why this matters
Many large organizations have already deployed AI assistants and agents, but to do domain-specific work well, they need the right context. That context includes the definitions, regulations, and standards a domain expert carries in their head, along with a company’s proprietary data and how the company uses it. Edisyl packages these as a Knowledge Pack that a company’s existing AI tools can access.
Edisyl builds the knowledge layer for enterprise AI
Deloitte today introduced Edisyl Inc., an enterprise AI company formed in connection with Deloitte’s acquisition of the AI business of Flipside Crypto Inc., which was completed in July.
The Knowledge Pack, Edisyl’s core product, brings together domain knowledge and a company’s proprietary knowledge. The Domain Pack is a curated, continuously updated body of knowledge for a specific field of expertise, annotated by practicing experts. The Proprietary Pack covers a company’s internal terms, definitions, policies and data, which remain under the company’s control. Together, the Domain Pack and Proprietary Pack give the AI systems that a company already runs enough context to answer questions specific to its business, backed by sources and professional judgment. The Knowledge Pack is portable across systems, rather than being rebuilt inside each one.
Edisyl is currently developing an initial set of Knowledge Packs with design partners and named domain experts including programs within Deloitte and a growing set of Fortune 500 organizations across industries. To learn more, visit the Edisyl website.
Key quotes
"Enterprise AI doesn’t fail because models aren’t smart enough. It fails because it lacks accurate context. Today, intelligence is widely available. What AI tools can’t access is the judgment of the person who has worked a specific problem for 20 years. That’s what we set out to package, and it’s why the annotation layer matters just as much as, if not more than, the interface.”
— Dave Balter, co-founder, Edisyl
“Edisyl gives companies a practical way to make the AI tools they already run more useful to their business. It brings together a working product and an experienced leadership team whose members have built and sold companies and held executive roles within the organizations that acquired them. Together, we are bringing Edisyl to clients across industries so they can put their own knowledge to work in their AI tools, backed by the quality and support our clients expect from Deloitte.”
— Rob Frazzini, D71 Ventures co-leader, Deloitte
Edisyl’s experienced leadership team
Based in Boston, Edisyl was formed through Deloitte’s acquisition of the artificial intelligence business of Flipside Crypto Inc. Flipside’s crypto data business was sold separately to Sonaverse Inc.
Flipside’s full operating team of 24 people joined Edisyl as part of the transaction. Dave Balter, previously chief executive officer of Flipside, continues as co-founder of Edisyl. Balter has founded eight companies, including BzzAgent, which was acquired by dunnhumby, and Smarterer, which was acquired by Pluralsight. He went on to lead mergers and acquisitions at both companies, built dunnhumby’s venture investing arm, and served on its global executive team.
Balter is joined by Kyle Fugere as chief operating officer, Jim Myers as chief technology officer, Andrew “Mo” Septimus as chief financial officer, Eric Stone as chief data scientist, and Gabriela Serret-Campos as senior vice president of People Success.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 9,000 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters for our people, clients, and communities. We bring together distinct talents, technologies, disciplines, and an ecosystem of alliances to help tackle today’s most complex business challenges and drive long-term progress. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 180 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 470,000 people worldwide connect for impact at www.deloitte.com.
Press contact(s):
Amy Lauth
Public Relations
Deloitte Services LLP
+1 470 351 6201
alauth@deloitte.com