Deel (Secondary Share Sale)
Funding Details
- Awarder
- Inbox
- Date Award
- May 19, 2025
- Vertical
- Human Resources Software
- Funding URL
- View Funding Page
- Valuation
- $12,600,000,000
- Funding Amount:
- $300,000,000
Company Info
- Founding Year
- 2019
- Traction
- Deel has hit an annual revenue run rate of $800 million after a 70% year-over-year bump in revenue in December.
- Revenue Amount
- $800,000,000
- ARR
- $800,000,000
- Founders
- Alex Bouaziz
- Company Description
- Deel is a platform that helps businesses with HR services such as onboarding, compliance, performance management, payroll, and immigration support. It became popular during Covid-19 shutdowns in 2020 and 2021, which drove the trend of hiring staff remotely.
- Market
- Remote Workforce Management
- Location
- USA
- Coinvestors
- General Catalyst, Mubadala Investment Company