Deel logo — The Global-First HR Platform

Deel

The Global-First HR Platform

Founded 2019 United States San Francisco, United States 9638 employees Series E Total: $1.28B Fintech, Payments

General Information

Company Name Deel
Founded Year 2019
Location United States San Francisco, United States
Employees 9638
Industries Fintech, Payments
Funding Stage Series E
Business Model SaaS, B2B, Platform
Revenue Model Subscription, Usage Based, Service Fee

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Product Launch Sep 22, 2026

Deel has launched its new IT Strategy Toolkit, enabling businesses to turn IT priorities into a clear, actionable plan.

Revenue Metrics Sep 21, 2026

Deel reported adding $140M ARR in 90 days, attributing this growth to automation without hiring new people.

New Partnership Sep 17, 2026

Deel collaborated with former Arsenal Football Club legend Mathieu Flamini, who shared insights on running a business.

Major Customer Win Sep 17, 2026

Deel announces a win with new customer Data Friendly Space (DFS), who uses Deel's platform to manage global payroll and HR for 12 people across 12 countries.

Feature Release Sep 16, 2026

The Deel app has launched new timesheet functionality, enabling users to log hours, breaks, and overtime with a tap for accurate and timely payroll, eliminating manual entry and delays.

About Deel

Deel, founded in 2019, is establishing itself as a leader in the Fintech and Payments industries with its innovative HR management platform, described as "The Global-First HR Platform".

The company offers a comprehensive service that includes payroll, HR, benefits, mobility, performance, and device management across more than 150 countries. Built on its proprietary infrastructure and enhanced with AI, Deel enables businesses to scale efficiently and compliantly. It is trusted by over 40,000 customers, supporting its mission to become a cherished global brand.

Headquartered in the United States, Deel's growth is exemplified by its recent financial milestone: a $300 million Series E round secured on October 1, 2025, with backing from prominent investors such as Coatue, Ribbit Capital, Andreessen Horowitz/a16z, General Catalyst, and Greenbay Ventures. Such robust investment support underscores confidence in Deel's strategic direction and future prospects.

Taxonomy: Global Payroll, HR Platform, Compliance Services, Mobility Solutions, Remote Work Solutions, AI-Powered Infrastructure, Contract Management, Tax Integration, Onboarding Services, EOR (Employer of Record), International Benefits, Performance Management, Device Management, Global Hiring

Services & Products

Deel Payroll
Deel HR
Deel IT
Deel Benefits
Deel Hire
Deel Mobility

Target Customers

Startups Enterprises International Companies Remote Teams HR Managers

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series E $300.00M 5
Coatue, Ribbit Capital +3
01 Oct 2025
Secondary Market $300.00M 1
General Catalyst
01 Feb 2025
Late VC Undisclosed 1
Discovery Ventures
01 Mar 2024
Late VC $50.00M 4
Y Combinator, Spark Capital +2
01 May 2022
Series D $425.00M 7
Y Combinator, Coatue +5
01 Oct 2021
Series C $156.00M 8
Y Combinator, Spark Capital +6
01 Apr 2021
Series B $30.00M 7
Y Combinator, Spark Capital +5
01 Sep 2020
Series A $14.00M 2
Andreessen Horowitz/ a16z, Robert Lacher
01 May 2020
Seed $4.65M 12
La Famiglia VC, Soma Capital +10
01 Mar 2019

Deel Alternatives & Competitors

View All Alternatives
Deel vs
Ruul
Ruul Sweden

We help contractors and businesses work together, handling invoicing, payments, and compliance.

35 employees
Financial Services, Fintech
Deel vs

Exceptional payroll support and advice meets automation for efficient companies in the UK! 🇬🇧 ✨

Series B
13 employees
Analytics, Financial Services
Deel vs
Native Teams
Native Teams Macedonia

The global platform for work payments and employment. Helping businesses scale, supporting remote te...

Seed
354 employees
Fintech, IT

FAQ About Deel

The Global-First HR Platform
Deel was founded in 2019.
Deel is headquartered in San Francisco, United States.
Deel operates in Fintech and Payments. Its work centres on Global Payroll, HR Platform, Compliance Services and Mobility Solutions. Its customers include Startups, Enterprises and International Companies.
Deel has a SaaS, B2B and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Deel has approximately 9638 employees.
Deel has completed 9 funding rounds, raising a total of $1.28B. The latest funding stage is Series E.
Deel offers: Deel Payroll, Deel HR, Deel IT, Deel Benefits, Deel Hire, Deel Mobility.
Top alternatives and competitors to Deel include Ruul, Pento, a HiBob company, Native Teams, Niural, Ben. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Deel and Ruul are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Deel, https://bouncewatch.com/company/deel-1, updated 23 September 2026. When citing, please name BounceWatch and link this page.

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