Deel

Deel

Payroll platform for remote teams that connects localized compliance and payments in one system.

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DateInvestorsAmountRound
-

N/A

-

$4.7m

Seed
*

$14.0m

Series A

$30.0m

Series B

$156m

Valuation: $1.3b

Series C
*

$425m

Valuation: $5.5b

Series D
*

$50.0m

Valuation: $12.0b

Late VC

N/A

Late VC
*

$300m

Secondary
Total Funding$680m

Financials

Estimates*

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Revenues, earnings & profits over time
USD20202021202220232024
Revenues00000000000000000000
% growth-1325 %418 %59 %70 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

More about Deel
Made with AI
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Deel is a comprehensive HR platform designed to simplify the management of international workforces. Founded in 2019, Deel has rapidly expanded to serve over 2000 team members across more than 100 countries. The company primarily targets businesses that operate on a global scale, offering solutions that encompass payroll, compliance, and immigration services. Deel's business model revolves around providing an all-in-one system that integrates various HR functions, allowing companies to manage their workforce from a single platform. This includes features like local payroll processing, compliance monitoring, and immigration support, which are crucial for companies with employees in multiple countries. Deel generates revenue through subscription fees for its platform, as well as additional charges for specialized services such as immigration assistance and compliance monitoring. The company has raised over $600 million in funding, highlighting its strong market position and growth potential. Deel's unique selling proposition lies in its ability to combine multiple HR functions into one cohesive system, offering a streamlined experience for businesses looking to manage their global teams efficiently.

Keywords: HR platform, global workforce, payroll, compliance, immigration, international teams, subscription model, funding, analytics, automation.

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Investments by Deel

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Zeitgold
ACQUISITION by Deel Aug 2021
PaySpace
ACQUISITION by Deel Mar 2024
Paygroup
ACQUISITION by Deel Nov 2022
Legalpad
ACQUISITION by Deel Aug 2022
Hofy
ACQUISITION by Deel Jul 2024
Assemble
ACQUISITION by Deel Dec 2024
Capbase
ACQUISITION by Deel Jan 2023
Zavvy
ACQUISITION by Deel Feb 2024
Atlantic Money
ACQUISITION by Deel Nov 2024