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 Aug 31, 2026, the latest employee count at Deel is 9733.

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 $17B as of Nov 20, 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 1st amongst 909 active competitors, of which 65 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 Oyster, Multiplier and Ramco. 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 human resources and international payroll compliance software tools. Deel has raised $986M in funding from investors like Andreessen Horowitz, Spark Capital and Y Combinator, with a current valuation of $17B. The company has 909 active competitors, including 65 funded and 61 that have exited. Its top competitors include companies like Oyster, Multiplier and Ramco.

Company Details

Provider of human resources and international payroll compliance software tools. The platform facilitates global hiring, automated payroll processing, workforce management, and legal compliance for personnel located across different jurisdictions. It handles visa processing, equipment provisioning, benefits administration, and multi-currency payouts through a centralized digital interface. The technology automates contract generation and tax documentation to manage international teams.

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

$17B as on Nov 20, 2025

Investors

Andreessen Horowitz & 56 more

Ranked

1^st among 909 active competitors

Employee Count

9,733 as on Aug 31, 2026

Investment & Acquisitions

Clarity & 15 more

Similar Companies

Oyster & 41 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 s.r.o. CIN: 27299571 , Czech Republic, Active	Jul 24, 2006	-	553 (As on Dec 31, 2024)
DEEL NORWAY AS CIN: 925270253 , Norway, Active	Jun 08, 2020	-	171 (As on Dec 31, 2025)
DEEL PROPERTIES MANAGEMENT LTD CIN: 15038349 , United Kingdom, Active	Jul 30, 2023	-	1 (As on Jul 31, 2025)
DEEL, INC. CIN: 611852855 , United States, Active	Dec 31, 1999	-	1 (As on Jul 31, 2025)	-
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 3m
Ali Rowghani	Independent board member	-	Current	5y 4m
Shuo Wang	Independent board member	-	Current	6y 3m
Anish Acharya	Independent board member	-	Current	6y 3m
Yasmin Razavi	Independent board member	-	Current	6y 0m
Francis Desouza	Independent board member	-	Current	1y 8m
Philippe Bouaziz	Independent board member	-	Current	6y 3m
Todd Ford	Independent board member	-	Current	1y 8m
Alexandre Bouaziz	Independent board member	-	Current	6y 0m
Franck Cohen	Independent board member	-	Current	5y 4m

View details of Deel's Founder profiles and Board Members

Deel's employee count trend

Deel has 9,733 employees as of Aug 26. Here is Deel's employee count trend over the years:

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Top competitors of Deel include Oyster, Multiplier and Ramco. 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	Deel 2019, San Francisco (United States), Series E	Provider of human resources and international payroll compliance software tools	$986M	Spark Capital, Mubadala & 55 others	79/100
2nd	Oyster 2019, Charlotte (United States), Series D	Provider of employment software for managing payroll and personnel administration	$291M	Georgian, SLW & 25 others	72/100
3rd	Multiplier 2020, Singapore (Singapore), Series B	Cloud-based payroll and compliance platform provider	$77.2M	Peak XV Partners, Tiger Global Management ... & 19 others	67/100
4th	Ramco 1997, Chennai (India), Public	Provider of enterprise resource planning, payroll, and logistics software solutions	-	HDFC Mutual Fund, Goldman Sachs & 4 others	67/100
5th	Globalization Partners 2012, Boston (United States), Late Stage	AI-based hiring platform for taxable & legal purpose enterprises	$350M	TDR Capital, Wincove & 3 others	66/100
6th	CloudPay 1996, Andover (United Kingdom), Series G	Provider of managed payroll processing and automated salary payment services	$334M	Runway Growth Capital, The Olayan Group & 6 others	66/100
7th	Bitwage 2013, San Francisco (United States), Acquired	Payroll and invoicing solutions for cryptocurrencies	$2.26M	Draper, BnkToTheFuture & 10 others	66/100
8th	JetPay 2011, Carrollton (United States), Acquired	Payment processor	$18.3M	Flexpoint Ford	62/100
9th	OnPay 2011, Atlanta (United States), Series B	Payroll management solution provider	$128M	Carrick Capital Partners, AllianceBernstein ... & 1 others	62/100
10th	Humi HR 2016, Toronto (Canada), Acquired	Provider of human resources, payroll, benefits, and hiring software solutions	$33.2M	Decheng Capital, Tribe Capital & 23 others	60/100

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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:

Filter this list

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)