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

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