Deel is the creator of a payroll platform that revolutionizes payout procedures for businesses that collaborate with global remote contractors. The platform offered by Deel integrates contracts, payments, and taxes into one interface, providing clients with easy access to compliance and contractual systems. It also ensures a superior experience for international contractors.
Louis Beryl, Altimeter Capital Management, Adventure Fund, Green Bay Ventures, Olima Ventures, Avichal Garg, Gokul Rajaram, Caffeinated Capital, Expansion Capital, Sarona Ventures, Catapult VC, BAM Elevate, Spark Capital, Alpha Square Group, LG Technology Ventures, Sozo Ventures, Claire Johnson, John Zimmer, Emilie Choi, Dara Khosrowshahi, Browder Capital, Weekend Fund, FourCities Capital, Flight Ventures, Daniel Gross.
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…
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…
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…
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…
A U.S. government probe of a high-risk “trading site” called MyForexFunds, which the government has accused of operating a Ponzi scheme, has entangled others from the fintech industry. The Commodity Futures Trading Commission, during an investigation of MyFor…
Four-year-old Deel has become one of the fastest-growing and most valuable startups by positioning itself as a way for businesses to hire contract employees anywhere in a snap. What the human resources startup doesn’t talk about in its prolific marketing is t…
Only three fintech startups have actually seen their secondary valuations increase since January 2022: HR/payroll startups Rippling, Gusto and Deel.
It was a short week and that was reflected in the amount of news we covered in fintech land last week. But there was still plenty to talk about, including Clair’s raise, some allegations against Deel and exclusive post-SVB growth numbers shared by banking ser…
A California Senator is urging the state’s Labor and Workforce Development Agency to conduct an investigation into the business practices of fintech turned...
Fintech-turned-HR outfit Deel reached $295 million in annual recurring revenue (ARR) by the end of 2022, the company’s co-founder and CEO Alex Bouaziz shared today. That’s up 417.5% from $57 million in ARR achieved at the end of 2021. The massive jump in ARR …
The HR fintech company is also unveiling new HR software to compete with rivals like Rippling — and giving it away for free.
SAN FRANCISCO--(BUSINESS WIRE)--Deel, the global HR company, today announced the launch of Deel HR, US Payroll, and Deel Engage, making it possible, for the first time, to hire, manage, and pay global teams compliantly on one platform. This news comes as Deel…