Global payroll, HR and compliance platform for distributed teams in over 150 countries.
Around 8,598 people on the team.
Deel, a global payroll, HR and compliance platform for distributed teams in over 150 countries, has raised $881M across 3 rounds from backers including Andreessen Horowitz, Coatue, Spark Capital, Ribbit and Y Combinator. Through shared capital it connects most tightly to Kalshi, Anthropic, Hopin and Rapyd (four common investors each), with lighter overlap into Base Power and Mercury (three each) and OpenSea and Supabase. With a network centrality score of 75, Deel sits in the a16z/Coatue fintech and infrastructure cluster, bridging payments and HR peers like Rapyd and Mercury with frontier names such as Anthropic and Kalshi. Its 8598-person team is concentrated in Los Angeles (10%), London (10%) and Austin (5%).
| Date | Round | Amount |
|---|---|---|
| Oct 2025 | Series D Plus Deel raised a $300 million Series E co-led by Ribbit Capital and Andreessen Horowitz at a $17.3 billion valuation. | $300M |
| Oct 2021 | Series D Plus US global-payroll platform Deel raised a $425M Series D led by Coatue at a $5.5B valuation, with a16z, Spark Capital, Neo and YC Continuity. | $425M |
| Apr 2021 | Series C Deel raised a $156M Series C led by the YC Continuity Fund at a $1.25B valuation after 20x revenue growth in 2020. | $156M |
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