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Deel is an HR platform that helps businesses manage international workforces. It provides payroll, compliance monitoring, and immigration services all in one system, serving teams in 100+ countries. The product works by offering modules for local payroll processing, regulatory compliance tracking, and immigration support within a single subscription-based platform, plus optional specialized services. This makes it easier for global companies to hire, pay, and stay compliant for employees in multiple countries without juggling separate tools. Deel differentiates itself by bundling multiple HR functions into one cohesive platform tailored to international teams, rather than focusing on a single HR capability. The company aims to simplify and scale global employment, enabling businesses to hire and manage workers across borders efficiently and compliantly.
Industries
Data & Analytics
Enterprise Software
Company Size
5,001-10,000
Company Stage
Series E
Total Funding
$979M
Headquarters
San Francisco, California
Founded
2019
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Total Funding
$979M
Above
Industry Average
Funded Over
9 Rounds
Industry standards
Remote Work Options
Stock Options
Palma.ai has raised $1.8 million in pre-seed funding to build governance infrastructure for enterprise AI agents. The round was led by D11Z, with participation from Plug and Play Ventures, Deel, Scale Now Ventures and angel investors from Cisco and Deel. The company addresses security challenges as enterprises deploy AI agents that can take actions within corporate systems, beyond simply generating content. Palma's platform routes agent-to-tool requests through a governance layer that evaluates permissions and policies in real-time. The system works across multiple AI platforms including Claude, ChatGPT, Microsoft Copilot and Gemini. It allows organisations to set thresholds for automated actions, require human approval for certain requests, and maintain audit trails without replacing existing security infrastructure. D11Z and Plug and Play are both investors and customers, using Palma internally for their teams. The funding will expand engineering and go-to-market teams as the company targets larger organisations deploying AI agents.
Deel has partnered with Mesh to secure stablecoin payouts for its global workforce. Workers choosing stablecoin payments on Deel now verify wallet ownership through Mesh before funds are transferred, across more than 300 supported wallets and exchanges. The integration addresses the risk of irreversible payments to incorrect addresses. Mesh verifies ownership in seconds, allowing Deel to deliver funds directly to verified accounts without manual address entry. "When that moves onchain, verification isn't a feature, it's the foundation," said Bam Azizi, co-founder and CEO of Mesh. Thierry Edde, head of crypto at Deel, said stablecoin payouts only scale if security is prioritised. Deel serves over 40,000 companies worldwide and operates across 150 countries.
Israeli startup Clarity, which developed technology to detect fake job candidates, has been acquired by Deal in a cash and shares transaction worth tens of millions of dollars. Clarity had raised $16 million prior to the acquisition. The company's technology helps organisations verify that job applicants are who they claim to be, ensuring they are not using stolen or fake identities and deepfake tools. All 15 Clarity employees will join Deal. The acquisition addresses growing concerns about identity fraud in recruitment processes, particularly as deepfake technology becomes more sophisticated and accessible.
Ukrainian AI startup Zeely has won an international competition organised by Deel and J.P. Morgan, securing $1 million in investment from Deel. The Paris-based competition attracted over 50,000 startups worldwide, with 84 reaching the final. Zeely develops an AI Marketing Intelligence Platform that enables small and medium-sized businesses to create and scale digital advertising without technical expertise. The platform already serves over one million users, with the United States as its primary market. Founded by Dmytro Samoiliuk, Yaroslav Samoiliuk and Alina Bondarenko, the company employs over 170 people and reports sixfold year-on-year growth. The funding will support platform scaling, AI development and international expansion. Zeely previously raised $1 million in seed funding in April 2023 from Vesna.Capital, ZAS Ventures and other investors.
Smart Bricks, a UAE-based proptech startup, has won $1 million at The Pitch by Deel competition's grand finale in Paris. The company was selected from a global field of more than 50,000 startups. The competition was presented by J.P. Morgan. No further details about Smart Bricks' technology or business model were provided in the source material.
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Industries
Data & Analytics
Enterprise Software
Company Size
5,001-10,000
Company Stage
Series E
Total Funding
$979M
Headquarters
San Francisco, California
Founded
2019
Find jobs on Simplify and start your career today