Deel is the all-in-one HR platform dedicated to supporting and hiring remote workers globally.

Deel helps companies simplify every aspect of managing an international workforce, from culture and onboarding, to local payroll and compliance.

Deel was founded in 2018 by Alex Bouaziz and Shuo Wang. The company is headquartered in San Francisco, California.

 

Deel’s technology offers unmatched payroll, HR, compliance, perks, benefits, and other capabilities needed to hire and manage a global team—something businesses would have required an entire in-house team to take care of prior.

 

Deel launched Deel HR, US Payroll, and Deel Engage, making it possible, for the first time, to hire, manage, and pay global teams compliantly on one platform. Deel's customizable platform with 20+ integrations enables you to automate busy work and keep your HR team lean as you grow.

 

Deel can complete payroll in more than 120 currencies and has partnered with more than 250 labor law and accounting experts. Deel now has over 15,000 customers, including Nike, Shopify, and Klarna. The company has processed $5.5B in payments, and hired 150K workers across 150 countries.

 

Deel is backed by Andreessen Horowitz, Coatue, Spark Capital, Altimeter Capital, Greenbay Ventures, YC Continuity Fund, Emerson Collective, GFC, and others. The company raised $50M in new round on May 11, 2022. This brings Deel's total funding to $679M to date. The latest round more than doubled the company's valuation to $12B post-money. Deel was last valued at $5.5B from a Series D round raised in Oct 2021.

 

 

  • Year founded: 2018
  • Funding Info: $679M over 6 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $295M (FY- 2022)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $12B as of May 11, 2022
  • City/Town: San Francisco
  • State: California
  • Country: United States
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