Deel

Deel

HR platform for managing global workforces

About Deel

Simplify's Rating
Why Deel is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

Company Size

5,001-10,000

Company Stage

Private

Total Funding

$979.7M

Headquarters

San Francisco, California

Founded

2019

Overview

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 company's goal is to make it easier for businesses to operate internationally by providing a comprehensive solution that covers all aspects of HR.

YC Company
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Simplify's Take

What believers are saying

  • Deel's acquisition of Atlantic Money enhances its payments infrastructure in Europe.
  • Deel's $650 million funding highlights its strong market position and growth potential.
  • Remote work trends increase demand for Deel's seamless HR integration for distributed teams.

What critics are saying

  • Increased competition from AI-powered HR platforms like Zellis could challenge Deel's market position.
  • Deel's rapid expansion strategy may lead to operational inefficiencies if not managed properly.
  • Integration challenges from acquisitions like Assemble may affect service quality and customer satisfaction.

What makes Deel unique

  • Deel integrates contracts, payments, and taxes into a single interface for global teams.
  • Deel offers comprehensive HR solutions, including payroll, compliance, and immigration services.
  • Deel's platform supports over 35,000 customers in more than 100 countries.

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Funding

Total Funding

$979.6M

Above

Industry Average

Funded Over

7 Rounds

Secondary funding comparison data is currently unavailable. We're working to provide this information soon!
Secondary Funding Comparison
Coming Soon

Benefits

Remote Work Options

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

↓ -21%

1 year growth

↓ -15%

2 year growth

↓ -1%
Silicon Canals
Apr 3rd, 2025
[Exclusive] Amsterdam Ai Startup Rembrandt Bags Funding: Co-Founder Vincent Wijdeveld On Building The ‘Crystal Ball’ For Revenue Teams

Amsterdam-based Rembrandt (formerly Cocraft), an AI-powered revenue intelligence platform, has secured €330,000 in funding.The funding comes from three seasoned angel investors—two with deep expertise in machine learning and AI and one with a proven track record in SaaS sales.The investment announcement comes a week after rebranding its name from Cocraft to Rembrandt to reflect its mission of bringing clarity to the already complicated revenue intelligence. Fund utilisationThe company will use this investment to grow its core team across engineering, product, and customer success while also scaling its customer base and accelerating product development.On the product side, the company is planning to expand its data sources by incorporating tender platforms, GitHub repositories, and paywalled industry media.Additionally, the company plans to introduce new agent types, such as Market Intelligence Agents and Competitor Tracking Agents, to enhance strategic forecasting.The birth of Rembrandt: Solving sales inefficienciesRembrandt was founded by childhood friends Vincent Wijdeveld and Bob van Ratingen.“The idea came from frustration,” says Vincent to Silicon Canals. “We both experienced how much time gets wasted in sales chasing leads that aren’t ready to buy. We’d see talented reps burn through perfect-looking accounts based on outdated lists or gut feel, while real opportunities were missed because the signals were invisible.”At that point, the duo asked themselves: “What if we could detect real buying intent before it appears in a CRM?”“That was the seed. But Rembrandt quickly evolved beyond lead discovery. Today, we help revenue teams understand where each of their key accounts sits in the buying journey — based on live, verifiable, public data. Not “intent tags.” Not recycled cookie data

Business Wire
Feb 5th, 2025
Deel Announces New Anchor Investors and Financial Milestone

Leading payroll and HR company Deel today announced that new anchor investors, including General Catalyst and a sovereign investor, have purchased clo

PYMNTS
Jan 9th, 2025
Zellis To Expand Ai-Powered Hr And Payroll Platform With Elementsuite Acquisition

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

Business Insider
Dec 19th, 2024
Deel acquires Assemble; $650M raised.

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.

BetaKit
Dec 2nd, 2024
Why Hopper Might Be The Next Canadian Tech Company To Play The Secondary Game

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.

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Deel is Hiring for 173 Jobs on Simplify!

Find jobs on Simplify and start your career today

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