Deel provides a platform that helps businesses manage their international workforces more easily. The platform includes tools for payroll processing, compliance monitoring, and immigration support, allowing companies to handle all HR functions from one place. This is especially useful for businesses with employees in different countries, as Deel ensures that they can pay their workers correctly and follow local laws. What sets Deel apart from other HR services is its all-in-one approach, which simplifies the management of global teams. The goal of Deel is to make it easier for companies to operate internationally by providing a streamlined system that covers all necessary HR tasks.

Daniel Gross

Justin Mateen

Esas Ventures

AltaIR Capital

La Famiglia

Recursive Ventures

Avichal Garg

Weekend Fund

Elad Gil

Soma Capital

Alexandre Scialom

Y Combinator

Andreessen Horowitz

William Hockey

Spark Capital

Alexis Ohanian

Ryan Petersen

Nat Friedman

John Zimmer

Lachy Groom

Anthony Schiller

Jeffrey Katzenberg

Dara Khosrowshahi

Jeff Wilke

Coatue Management

Altimeter Capital

Neo vc

Green Bay Ventures

Emerson Collective

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Deel

Zellis said Thursday (Jan. 9) that it plans to create an end-to-end artificial intelligence (AI)-powered human resources (HR) and payroll platform by acquiring elementsuite. The acquisition will add elementsuite’s AI-enabled HR and workforce management (WFM) suite to Zellis’ payroll and HR platform that serves U.K.- and Ireland-based companies with more than 1,000 employees, Zellis said in a Thursday (Jan. 9) press release. The transaction is subject to customary closing conditions, according to the release

Zellis To Expand Ai-Powered Hr And Payroll Platform With Elementsuite Acquisition

Deel CEO Alex Bouaziz prioritizes product, people, and tech in acquisitions. Deel acquired Assemble, its fifth acquisition in 2024 and 10th since 2019, to enhance its HR platform. Bouaziz emphasizes cultural alignment and post-acquisition integration. Deel, valued at $12 billion, has raised $650 million and reached $500 million in annual recurring revenue. The company has over 35,000 customers and 4,000 employees globally, operating as a remote-first company.

Deel acquires Assemble; $650M raised.

Plus: Canada sues Big Tech.
The post Why Hopper might be the next Canadian tech company to play the secondary game first appeared on BetaKit.

Why Hopper Might Be The Next Canadian Tech Company To Play The Secondary Game

Deel, a global payroll and HR platform, has acquired UK-based money transfer service Atlantic Money. This acquisition aims to enhance Deel's payments infrastructure in Europe and integrate Atlantic Money's fintech expertise. The collaboration will improve the financial ecosystem for global businesses and ensure secure money transfers. Both companies will focus on compliance and continue to meet client needs while combining their solutions to advance the financial landscape.

Deel Acquires Atlantic Money for Expansion

Plus Impact opened a coworking space in Yangon, Myanmar on Wednesday. The company’s engineers work here or from other locations. Founder and CEO Takada squats in the center.Image credit: Plus Impact. In November of 2020, Singapore-based startup news media outlet e27 reported that Hi-so, a startup in Myanmar led by a Japanese entrepreneur, has secured its first round of funding. Prior to launching the startup, founder Kenta Takada worked at the Myanmar Office of Japanese trading firm Marubeni, and then learned the local language at university. Hi-So was positioned as a local answer to Uber Eats and other similar services in the country’s most populous city, Yangon

Japan’S Not A Hotel Secures $35M, Unveils Six New Luxury Projects

Deel is acquiring, the leading global device & IT management platform Hofy. Here's what this means for customers.

Deel is acquiring Hofy

Taiwan’S Shared Parking Space Startup Uspace Acquires Japanese Peer Nokisaki

New Fund From Okinawa Wants To Help Startups Expand Across Asia

Investor demand has been so strong for shares of hot HR startup Rippling – over $2 billion worth of term sheets, it says – that it is allowing former employees to also participate in its giant, tender offer sale, the company told TechCrunch.But there is one big exception: it has banned former employees who work for a handful of competitors from selling their stock. A small group of ex employees has been trying to get the company to alter this policy, TechCrunch has learned, but so far, to no avail.Rippling has also told employees who have previously sold shares, particularly if those sales were outside its previous tender offer, that they would not be authorized to sell as many shares this time around.To recap: in April, TechCrunch broke the news that Rippling was doing a giant tender offer of up to $590 million for employees and existing investors, led by Coatue, along with a smaller $200 million Series F for the company. All told the deal valued HR software startup Rippling at $13.5 billion, the company said. This wasn’t the first-and-only sale that let employees and longtime investors cash out of some shares, but it’s by far the biggest and most profitable. Another smaller one took place in 2021, founder and CEO Parker Conrad told TechCrunch’s GM and EIC Connie Loizos.The rules for this one, according to a summary of details seen by TechCrunch, were:. the offer was open to both current and former employees it involved options, not restricted stock units (the stock that employees had to buy, not the ones granted with restrictions as part of their comp packages) employees were eligible to sell up to 25% of their vested equity but the company was including in that count any shares they sold in the previous tender offer if an employee sold shares via any method outside of a company tender offer, the company warned it would double count those shares against the 25%former employees working for “competitors” were not eligible to participate. Rippling tells TechCrunch that the employees who work for the following companies are excluded: Workday, Paylocity, Gusto, Deel, Remote.com, Justworks, Hibob, Personio

Rippling Bans Former Employees Who Work At Competitors Like Deel And Workday From Its Tender Offer Stock Sale

dLocal, the leading cross-border payment platform specializing in high-growth markets, is proud to announce the expansion of its partnership with Deel, a leading global HR and payroll platform that helps businesses scale their remote workforce capabilities.dLocal and Deel’s significant partnership expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, as well as Ghana, Jordan, Kenya, Morocco, Saudi Arabia, South Africa, Turkey, and United Arab Emirates in the EMEA region. In addition to expanding to strategic and high growth markets, dLocal will provide further services such as payout services in Brazil through PIX. The expansion comes after a successful initial deployment across 19 countries in 2022. That first deployment resulted in a multiplying of payment volumes, an industry-leading payment delivery rate of 99.97%, and a meaningful reduction in payment support issues handled by Deel’s customer success team.Crucially, the initial partnership opened doors for both businesses and employees to coexist and collaborate no matter their geographic location seamlessly, solving compliance and payroll complications. “Not long after we began working with dLocal, we realized the benefits of the partnership in terms of reliability and speed,” says Deel COO Dan Westgarth. “dLocal’s payments experience helped us stand apart and this major expansion to high growth markets is a vote of confidence in the quality of that experience, as well as a testament to the ease of use of having a single API

Dlocal And Deel Strengthen Partnership With Expansion To 15 New Countries

HR platform for managing global workforces

Deel

HR platform for managing global workforces

Deel

HR platform for managing global workforces

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