Deel
Latest round
- Series E
Last raised
- Oct 2025
Total raised
- $965M
Investors
- 14
About Deel
Founded in 2019 and based in San Francisco, CA, Deel, Inc. specializes in payroll and HR solutions, facilitating global employment for businesses by streamlining compliance and contractor management. The platform integrates services such as payroll management, compliance tracking, contractor management, and employee onboarding, all tailored to streamline the complexities of international hiring. With capabilities to onboard and manage employees and contractors in over 130 countries, Deel effectively addresses the challenges businesses face when expanding their workforce globally without establishing legal entities in foreign markets. Their solutions are particularly beneficial to a diverse client base that ranges from startups to large enterprises, enabling them to attract top talent by providing competitive benefits and automating payroll processes. The platform operates in major markets including North America, Europe, and parts of Asia, allowing companies to efficiently manage their global workforce. Deel's revenue model primarily revolves around subscription-based services, where clients engage with the platform for access to its various payroll and HR functionalities. The company offers several pricing plans that cater to different business needs, particularly in the realm of Professional Employer Organization (PEO) services, which allow clients to outsource their HR and compliance responsibilities for a fee. For example, clients may engage in contracts that provide the first two months free on one-year agreements and three months free for contracts extending beyond two years. This structure facilitates ongoing partnerships with organizations needing robust HR solutions while ensuring ongoing revenue through monthly subscription fees tied to the services utilized. Deel's focus on operational efficiency and compliance ensures that clients experience seamless transactions and management of their global workforce. In October 2025, Deel, Inc.
Who invested in Deel
14 investors across 7 rounds
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Funding rounds
Series E
Oct 16, 2025
Amount
$300M
Investors
Series D
Apr 29, 2022
Amount
$28M
Investors
Series D
Sep 14, 2021
Amount
$429M
Investors
Series C
Mar 30, 2021
Amount
$156M
Investors
Series B
Aug 27, 2020
Amount
$30M
Investors
Series A
May 19, 2020
Amount
$19M
Investors
Seed
Jun 1, 2019
Amount
$3.9M
Investors
Questions about Deel
Who invested in Deel?
Deel has 14 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Deel raised?
Deel has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Deel last raise money?
Deel's most recent round on record is a Series E, in Oct 2025.
What does Deel do?
Founded in 2019 and based in San Francisco, CA, Deel, Inc.
Where is Deel headquartered?
Deel is headquartered in San Francisco, US.
Which VCs invest in companies like Deel?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Deel's stage. Their profiles are linked below.
VCs backing financial services startups at Series E
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