When was Deel founded?

Deel was founded in 2019 and became a unicorn in 2021, reaching the milestone in 2 years. It raised its 1st funding round 1 year after its incorporation.

Where is Deel located?

Deel is headquartered in San Francisco, United States.

Who is the current CEO of Deel?

Alex Bouaziz of Deel. They have also founded 2 companies and are angel investors in 15 startups, including Lifeslice and SciDex.

Which legal entities is Deel associated with?

Deel is associated with DEEL, INC. and 4 others.

How many employees does Deel have?

As of Jun 30, 2026, the latest employee count at Deel is 9691.

Is Deel a funded company?

Deel is a funded company, having raised a total of $986M across 7 funding rounds to date. The company's 1st funding round was a $18.6M Series A round, raised on May 19, 2020.

How much is Deel worth?

The latest valuation of Deel is $17.3B as of Oct 16, 2025.

When was the latest funding round of Deel?

Deel's latest funding was a $300M Series E round on Oct 16, 2025, with participation from 5 investors.

Is Deel a HRTech company?

The primary sector of Deel is HRTech.

Where does Deel rank among its competitors?

Deel ranks 4th amongst 2456 active competitors, of which 130 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial, which secured $150M in Jun, 2026.

Who are the top competitors of Deel?

Deel's top competitors include Workday, PeopleStrong and Kronos. Among them, Factorial secured the most recent funding round in June, 2026.

Deel - 2026 Company Profile, Team, Funding & Competitors

Deel is a series E company based in San Francisco (United States), founded in 2019 by Alex Bouaziz, Shuo Wang and Ofer Simon. It operates as a Provider of software for payroll compliance and human resource management. Deel has raised $986M in funding from investors like Andreessen Horowitz, Spark Capital and Y Combinator, with a current valuation of $17.3B. The company has 2456 active competitors, including 130 funded and 168 that have exited. Its top competitors include companies like Workday, PeopleStrong and Kronos.

Company Details

Provider of software for payroll compliance and human resource management. This platform facilitates the administration of worker compensation, tax documentation, and benefit enrollment. It supports the management of employment contracts, visa processing, and equipment distribution for personnel. The system integrates payroll engines with automated workflows to handle recurring payments and regulatory requirements across various jurisdictions.

Website: www.deel.com/
Social
Email ID: *****@deel.com
Phone Number: +41 **********

Key Metrics

Founded Year

2019

Location

San Francisco, United States

Stage

Series E

Total Funding

$986M in 7 rounds

Latest Funding Round

Series E, Oct 16, 2025, $300M

Post Money Valuation

$17.3B as on Oct 16, 2025

Investors

Andreessen Horowitz & 56 more

Ranked

4^th among 2456 active competitors

Employee Count

9,691 as on Jun 30, 2026

Investment & Acquisitions

Clarity & 15 more

Similar Companies

Workday & 2917 more

View Deel's full profile

Deel is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DEEL NORWAY AS CIN: 925270253 , Norway, Active	Jun 08, 2020	-	171 (As on Dec 31, 2025)
DEEL, INC. CIN: 611852855 , United States, Active	Dec 31, 1999	-	1 (As on Jul 31, 2025)	-
DEEL PROPERTIES MANAGEMENT LTD CIN: 15038349 , United Kingdom, Active	Jul 30, 2023	-	1 (As on Jul 31, 2025)
DEEL s.r.o. CIN: 27299571 , Czech Republic, Active	Jul 24, 2006	-	553 (As on Dec 31, 2024)
DEEL, INC CIN: 11894259 , Belgium, Active	Jul 02, 2017	-	46 (As on Mar 31, 2021)	-

Deel has raised a total funding of $986M over 7 rounds. Its first funding round was on May 19, 2020. Its latest funding round was a Series E round on Oct 16, 2025 for $300M. 5 investors participated in its latest round. Deel has 41 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Deel:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 16, 2025	$300M	Series E	$17.3B	-	Ribbit Capital	Andreessen Horowitz, Coatue, General Catalyst, Green Bay Ventures
Dec 13, 2024	$3M	Series D	-	-	-	-
Apr 29, 2022	$50M	Series D	-	-	Emerson Collective	Andreessen Horowitz, Spark Capital, Y Combinator

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View details of Deel's funding rounds and investors

The founders of Deel are Alex Bouaziz, Shuo Wang and Ofer Simon. Alex Bouaziz is the CEO of Deel.

Here are the details of Deel's key team members:

Alex Bouaziz: Co-Founder & CEO of Deel and founder of 3 other companies, Lifeslice, SciDex and Deel. They are also an angel investor in 15 startups and serve on the board of 1 company.
Shuo Wang: Co-Founder & CRO of Deel and founder of 1 other company. They are also an angel investor in 5 startups and serve on the board of 1 company.
Ofer Simon: Former Co-Founder of Deel and founder of 1 other company.

Deel's Board of Directors

Deel's board has 10 active members. Alex Bouaziz, Ali Rowghani, Shuo Wang, Anish Acharya, Yasmin Razavi, Francis Desouza, Philippe Bouaziz, Todd Ford, Alexandre Bouaziz and Franck Cohen are independent board members.

Here is the list of Deel's board of directors:

Name	Type	Representing	Status	Duration
Alex Bouaziz	Independent board member	-	Current	6y 2m
Ali Rowghani	Independent board member	-	Current	5y 3m
Shuo Wang	Independent board member	-	Current	6y 2m
Anish Acharya	Independent board member	-	Current	6y 2m
Yasmin Razavi	Independent board member	-	Current	5y 10m
Francis Desouza	Independent board member	-	Current	1y 7m
Philippe Bouaziz	Independent board member	-	Current	6y 2m
Todd Ford	Independent board member	-	Current	1y 7m
Alexandre Bouaziz	Independent board member	-	Current	5y 10m
Franck Cohen	Independent board member	-	Current	5y 3m

View details of Deel's Founder profiles and Board Members

Deel's employee count trend

Deel has 9,691 employees as of Jun 26. Here is Deel's employee count trend over the years:

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Top competitors of Deel include Workday, PeopleStrong and Kronos. Here is the list of Top 10 competitors of Deel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, New Enterprise Associates ... & 11 others	88/100
2nd	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	82/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	80/100
4th	Deel 2019, San Francisco (United States), Series E	Provider of software for payroll compliance and human resource management	$986M	Mubadala, Green Sands Equity & 55 others	79/100
5th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	78/100
6th	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Tiger Global Management, CRV & 10 others	78/100
7th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 1 others	77/100
8th	Remote 2019, Amsterdam (Netherlands), Series C	Provider of employment infrastructure for payroll compliance and contractor management	$506M	SoftBank Vision Fund, Two Sigma Ventures ... & 27 others	77/100
9th	Darwinbox 2015, San Francisco (United States), Series D	Developer of human capital management software with AI capabilities	$149M	Peak XV Partners, TCV & 55 others	75/100
10th	Bob 2015, Tel Aviv (Israel), Series D	Provider of a platform for human resources, payroll, and finance	$574M	General Atlantic, Bessemer Venture Partners ... & 21 others	75/100

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Deel has made 4 investments in companies including Prelude and Pluvo. Deel has also acquired 12 companies including Clarity and Sastrify.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 04, 2026	Acquisition	Clarity	2022	Tel Aviv (Israel)
May 20, 2026	Investments	Prelude	2022	Paris (France)
May 06, 2026	Acquisition	Sastrify	2020	Cologne (Germany)