Deel - About the company
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 880 active competitors, including 64 funded and 64 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
Post Money Valuation
$17.3B as on Oct 16, 2025
Investors
Ranked
2nd among 880 active competitors
Employee Count
9,499 as on Apr 30, 2026
Similar Companies
Legal entities associated with Deel
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) | - |
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Deel's funding and investors
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 38 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of Deel:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 16, 2025 | $300M | Series E | $17.3B | - | ||
Dec 13, 2024 | $3M | Series D | - | - | - | - |
Apr 29, 2022 | $50M | Series D | - | - |
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Deel's founders and board of directors
Founder? Claim ProfileHere 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 13 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, Francis Desouza, Philippe Bouaziz, Yasmin Razavi, 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 |
|---|---|---|---|---|
Independent board member | - | Current | 5y 11m | |
Independent board member | - | Current | 5y 11m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 5y 11m | |
Independent board member | - | Current | 1y 4m | |
Independent board member | - | Current | 5y 11m | |
Independent board member | - | Current | 5y 8m | |
Independent board member | - | Current | 1y 4m | |
Independent board member | - | Current | 5y 8m | |
Independent board member | - | Current | 5y 0m |
View details of Deel's Founder profiles and Board Members
Deel's employee count trend
Deel has 9,499 employees as of Apr 26. Here is Deel's employee count trend over the years:
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Deel's Competitors and alternates
Top competitors of Deel include Razorpay, Yonder and Papaya Global. Here is the list of Top 10 competitors of Deel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
2nd |  Deel 2019, San Francisco (United States), Series E | Provider of global payroll, compliance, and human resources solutions | $982M | 79/100 | |
3rd |  Yonder 2020, London (United Kingdom), Series B | Online platform to discover & book outdoor tours | $81.4M | 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 | 71/100 | |
5th |  Argyle 2018, New York City (United States), Series B | Provider of consumer-permissioned income, employment, and asset verification data services | $111M | 71/100 | |
6th | Provider of enterprise resource planning, payroll, and logistics software solutions | - | 67/100 | ||
7th |  Hourly 2018, Palo Alto (United States), Series A | Cloud-based payroll management for enterprises | $34.1M | 66/100 | |
8th |  Wrapbook 2018, New York City (United States), Series B | Provider of production payroll, accounting, and cost-tracking software solutions | $151M | 65/100 | |
9th |  Bitwage 2013, San Francisco (United States), Acquired | Payroll and invoicing solutions for cryptocurrencies | $2.26M | 65/100 | |
10th |  Ontop 2020, Houston (United States), Series A | Provider of payroll software and HR compliance solutions for global teams | $26M | 65/100 |
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Deel's Investments and acquisitions
Deel has made 3 investments in companies including Pluvo and Sphinx. Deel has also acquired 11 companies including Sastrify and Assemble.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 06, 2026 | Acquisition | 2020 | Cologne (Germany) | |
Feb 27, 2026 | Investments | 2023 | Ottawa (Canada) | |
Feb 17, 2026 | Investments | 2025 | San Francisco (United States) |
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News related to Deel
Filter this listMedia has covered Deel for a total of 40 events in the last 1 year, 16 of them have been about company updates and 5 about partnerships.
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Swedish AI Startup Pit Raises $16M Seed Funding for Custom Enterprise SoftwareStartup Rise EU•May 07, 2026•The Pit, Andreessen Horowitz, Lakestar, and 4 others
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Deel Launches Global $15 Million Startup Tournament With $1 Million FinaleTipRanks•May 05, 2026•Deel
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Deel Launches Global Startup Pitch Program With Multi-Stage Investment PoolTipRanks•Apr 10, 2026•Deel
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Remote work start-up Deel scores $14m series A led by Andreessen ...FinTech Futures•Mar 19, 2026•Deel, Andreessen Horowitz
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