About Deel
Deel is a company based in San Francisco (United States) founded in 2019 by Shuo Wang and Alex Bouaziz.. Deel has raised $986.19 million across 7 funding rounds from investors including Neo, Spark Capital and Ribbit Capital. Deel has completed 11 acquisitions, including Assemble, Atlantic Money and Capbase. Deel offers products and services including Deel Payroll, Deel HR, Deel EOR, Deel Contractor Management, and Deel Global Compliance. Deel operates in a competitive market with competitors including Globalization Partners, Velocity Global, Multiplier, WorkMotion and Lano, among others.
- Headquarter San Francisco, United States
- Founders Shuo Wang, Alex Bouaziz
- Stage Decacorn
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Deel
Deel offers a comprehensive portfolio of products and services, including Deel Payroll, Deel HR, Deel EOR, Deel Contractor Management, and Deel Global Compliance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages international payroll and tax compliance for global teams.
Handles onboarding and employee management across countries.
Facilitates hiring as employer of record in multiple regions.
Onboards and pays global contractors efficiently.
Monitors regulatory updates and ensures workforce compliance.
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Software Development Team
80 people
Sales and Marketing
68 people
Product Management Team
58 people
Leadership Team
54 people
Senior Team
46 people
Backend Team
15 people
Operations Team
15 people
Frontend Team
12 people
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Funding Insights of Deel
Deel has successfully raised a total of $986.19M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $300 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series E — $300.0M
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First Round
First Round
(19 May 2020)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series E - Deel | Valuation | Ribbit Capital | |
| Dec, 2024 | Amount | Series D - Deel | Valuation |
investors |
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| Apr, 2022 | Amount | Series D - Deel | Valuation | Emerson Collective |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deel
Deel has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Neo, Spark Capital and Ribbit Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deel
Deel has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Assemble, Atlantic Money and Capbase. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cross-border remittances are enabled online for individuals worldwide.
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2021 | ||||
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A compensation management platform is provided for organizations.
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2020 | ||||
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IT support services are provided to businesses by Hofy.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Deel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deel Comparisons
Competitors of Deel
Deel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Globalization Partners, Velocity Global, Multiplier, WorkMotion and Lano, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Global teams are hired via AI platform without subsidiaries.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is provided for enterprise workforce management.
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| domain | founded_year | HQ Location |
Cloud-based SaaS management solutions are offered by Multiplier.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform for hiring, payroll, and onboarding is provided.
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| domain | founded_year | HQ Location |
Cloud-based tools for contingent workforce management are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deel
Frequently Asked Questions about Deel
When was Deel founded?
Deel was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Deel located?
Deel is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Deel?
Alex Bouaziz is the current CEO of Deel. They have also founded this company.
Is Deel a funded company?
Deel is a funded company, having raised a total of $986.19M across 7 funding rounds to date. The company's 1st funding round was a Series D of $50M, raised on May 19, 2020.
What does Deel do?
Deel was founded in 2019 in San Francisco, United States, within the HR technology sector. Cloud-based HRMS suite solutions are offered to enterprises, encompassing compliance and payroll processing, remote and contingent employee management, organizational culture administration, background checks, attendance and leave tracking, onboarding, lodging, transportation, office equipment, workspace management, and employee engagement. Operations are conducted on a subscription-based pricing model.
Who are the top competitors of Deel?
Deel's top competitors include Globalization Partners, Velocity Global and Worksome.
What products or services does Deel offer?
Deel offers Deel Payroll, Deel HR, Deel EOR, Deel Contractor Management, and Deel Global Compliance.
How many acquisitions has Deel made?
Deel has made 11 acquisitions, including Assemble, Atlantic Money, and Capbase.
Who are Deel's investors?
Deel has 23 investors. Key investors include Neo, Spark Capital, Ribbit Capital, Emerson Collective, and Andreessen Horowitz.
What is Deel's valuation?
The valuation of Deel is $12B as of Apr 2022.