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 1 company and are angel investors in 14 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 May 31, 2026, the latest employee count at Deel is 9619.

Is Deel a funded company?

Deel is a funded company, having raised a total of $982M across 7 funding rounds to date. The company's 1st funding round was a $14M 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. Its primary sector is HRTech. In United States, the HRTech sector has seen $1.12B in funding in 2026 to date.

Is Deel a HRTech company?

The primary sector of Deel is HRTech.

Where does Deel rank among its competitors?

Deel ranks 2nd amongst 896 active competitors, of which 64 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Deel, which secured $300M in Oct, 2025.

Who are the top competitors of Deel?

Deel's top competitors include Razorpay, Yonder and Papaya Global. Among them, Deel secured the most recent funding round in October, 2025.

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 global payroll, compliance, and human resources solutions. Deel has raised $982M in funding from investors like Andreessen Horowitz, Spark Capital and Y Combinator, with a current valuation of $17.3B. The company has 896 active competitors, including 64 funded and 69 that have exited. Its top competitors include companies like Razorpay, Yonder and Papaya Global.

Company Details

Provider of global payroll, compliance, and human resources solutions. The company offers tools for onboarding, contractor management, and employee record services. It facilitates international payroll processing, tax deductions, and compliance adherence. The company’s platform integrates with existing systems.

Website: www.deel.com/
Social

Key Metrics

Founded Year

2019

Location

San Francisco, United States

Stage

Series E

Total Funding

$982M 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 & 54 more

Ranked

2^nd among 896 active competitors

Employee Count

9,619 as on May 31, 2026

Investment & Acquisitions

Prelude & 14 more

Similar Companies

Papaya Global & 32 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	-	123 (As on Dec 31, 2024)
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 $982M 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 39 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Deel:

Filter this list

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

Access funding benchmarks and valuations. Sign up today!

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 14 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, Shuo Wang, Ali Rowghani, Anish Acharya, Yasmin Razavi, Philippe Bouaziz, Francis Desouza, 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 0m
Shuo Wang	Independent board member	-	Current	6y 0m
Ali Rowghani	Independent board member	-	Current	5y 1m
Anish Acharya	Independent board member	-	Current	6y 0m
Yasmin Razavi	Independent board member	-	Current	5y 9m
Philippe Bouaziz	Independent board member	-	Current	6y 0m
Francis Desouza	Independent board member	-	Current	1y 5m
Todd Ford	Independent board member	-	Current	1y 5m
Alexandre Bouaziz	Independent board member	-	Current	5y 9m
Franck Cohen	Independent board member	-	Current	5y 1m

View details of Deel's Founder profiles and Board Members

Deel's employee count trend

Deel has 9,619 employees as of May 26. Here is Deel's employee count trend over the years:

Uncover Deel's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Deel include Razorpay, Yonder and Papaya Global. 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	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	86/100
2nd	Deel 2019, San Francisco (United States), Series E	Provider of global payroll, compliance, and human resources solutions	$982M	Mubadala, General Catalyst & 53 others	79/100
3rd	Yonder 2020, London (United Kingdom), Series B	Online platform to discover & book outdoor tours	$81.4M	LocalGlobe, RTP Global & 47 others	76/100
4th	Papaya Global 2016, New York City (United States), Series D	Provider of platform for managing and paying global workforce and contractors	$440M	Insight Partners, Tiger Global Management ... & 22 others	71/100
5th	Argyle 2018, New York City (United States), Series B	Provider of consumer-permissioned income, employment, and asset verification data services	$111M	Bain Capital Ventures, Rockefeller Capital Management ... & 14 others	71/100
6th	Hourly 2018, Palo Alto (United States), Series A	Cloud-based payroll management for enterprises	$34.1M	Glilot Capital Partners, S Capital VC & 14 others	67/100
7th	Ramco 1997, Chennai (India), Public	Provider of enterprise resource planning, payroll, and logistics software solutions	-	Axis Mutual Fund, Amansa Capital & 4 others	67/100
8th	Ontop 2020, Houston (United States), Series A	Provider of payroll software and HR compliance solutions for global teams	$26M	Point72 Ventures, Tiger Global Management ... & 19 others	66/100
9th	Wrapbook 2018, New York City (United States), Series B	Provider of production payroll, accounting, and cost-tracking software solutions	$151M	Tiger Global Management, Andreessen Horowitz ... & 9 others	65/100
10th	Bitwage 2013, San Francisco (United States), Acquired	Payroll and invoicing solutions for cryptocurrencies	$2.26M	Draper, BnkToTheFuture & 10 others	65/100