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Deel stock

Deel Stock

Operations, Productivity And Communication
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Founded: 2018Funding to Date: $683M
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Deel has developed a payroll platform aimed at transforming payouts for businesses that collaborate with global remote contractors. The company's platform integrates contracts, payments, and taxes into a single interface. This allows customers to access contracting and compliance systems while providing a superior experience for international contractors.

Investors include:
Coatue Management logo
Andreessen Horowitz logo
Further Key Investors:

Louis Beryl, Altimeter Capital Management, Adventure Fund, Green Bay Ventures, Olima Ventures, Avichal Garg, Founders Circle Capital, Gokul Rajaram, Caffeinated Capital, Tobias Lütke, Expansion Capital, Sarona Ventures, Catapult VC, BAM Elevate, Spark Capital, Alpha Square Group, LG Technology Ventures, Sozo Ventures, Claire Johnson, John Zimmer, Emilie Choi, Collective Liquidity, Dara Khosrowshahi, Browder Capital, Weekend Fund.

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Management Team

Alexandre BouazizCo-Founder, Chief Executive Officer & Board Member
Dan WestgarthChief Operating Officer
Yaron LaviChief Technology Officer
Shuo WangCo-Founder, Chief Revenue Officer & Board Member
Verina CorneliaAPAC Revenue Operations Specialist
Casey BaileyHead of People

Board Members

Alexandre BouazizBoard Member
Ali RowghaniBoard Member
Anish AcharyaBoard Member
Franck CohenBoard Member
Lucas SwisherBoard Member
Philippe BouazizBoard Member
Shuo WangBoard Member
Yasmin RazaviBoard Member

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Deel in the News

Source: ITBriefDeel acquires PaySpace, solidifying lead in global payroll industry

Global payroll front-runner Deel acquires Africa-based PaySpace, significantly strengthening its global coverage and infrastructure—hits a remarkable $500M annual recurring revenue within five years.

Source: The PaypersDeel acquires South Africa-based PaySpace

Deel acquires South Africa-based PaySpace

Source: CIO AfricaDeel Acquires African-Based Payroll Company PaySpace

Deel Acquires African-Based Payroll Company PaySpace

Source: Staffing Industry AnalystsDeel acquires PaySpace, boosting global payroll capabilities

Deel acquired PaySpace, a payroll and human resource services provider operating in Europe, Latin America, the Middle East and Africa.

Source: UnleashDeel acquires Zavvy to ‘fill in that missing piece of our global HR offering’

UNLEASH got the inside track from Deel’s CEO about why Zavvy is the “perfect fit”.

Source: TechCrunchDeel, the $12B HR startup, acquires Zavvy to step up consolidation play

Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics

Source: The InformationDeel Hits $400 million in Annual Recurring Revenue, as Rippling Rivalry Grows

Deel, a human resources startup last valued at $12 billion, has hit $400 million in annual recurring revenue, a senior sales director at the startup said last month, up from a pace of $295 million in January. Deel’s growth shows how some enterprise software s…

Source: The InformationDeel Revises Terms of Service, Cuts Off High-Risk Trading Sites

Human resources startup Deel revamped its terms of service, banning several additional types of transactions and effectively ending support for some retail trading websites whose activities have lately drawn the scrutiny of securities regulators. The four-yea…

Source: The InformationDeel Halts Services to Several Prop Trading Firms Pending Compliance Review

Deel, the human resources startup embroiled in a government crackdown on online trading sites, has paused providing payout services to several businesses in the category, as it conducts a review of their operations. An executive at MyFundedFX who identified h…

Source: The InformationYouTubers Cash in on Prop Trading’s Rise

I’ve spent the past two weeks digging into retail websites that call themselves prop or funded trading firms to report on a story about how HR startup Deel has quietly become the default payout provider for traders on these sites. I quickly discovered how muc…