# Deel

> Deel is a global HR and payroll platform that lets companies hire, pay, and manage workers in 150+ countries, handling contracts, compliance, taxes, benefits, and IT - all in one place.

- **Founded:** 2019
- **Headquarters:** San Francisco, California, United States
- **Founders:** Alex Bouaziz (Co-founder & CEO), Shuo Wang (Co-founder & Chief Revenue Officer), Ofer Simon (Co-founder)
- **Team size:** ~8,400 employees
- **Products:** Deel EOR, Deel Contractor, Deel Global Payroll, Deel HR, Deel IT
- **Notable:** Reached $17.3B valuation in October 2025 Series E, Crossed $1B annual run rate in Q1 2025, Acquired 13+ companies including Hofy, Legalpad, PayGroup, Zavvy, Capbase, PaySpace, and Sastrify

## Products & services

- **Deel EOR** — Employer of Record service that lets companies hire full-time employees in 150+ countries without setting up a local entity.
- **Deel Contractor** — Compliant contracts, onboarding, and payments for independent contractors in 150+ countries and multiple currencies, including crypto.
- **Deel Global Payroll** — Run owned-entity payroll in 100+ countries through a single dashboard.
- **Deel HR** — A free global HRIS covering employee records, time off, org charts, and reporting.
- **Deel IT** — Procure, ship, manage, and retrieve laptops and devices for distributed teams (built on the Hofy acquisition).
- **Deel Engage** — Performance management, learning, and career growth tools for global teams.
- **Deel Immigration** — Visa and work-permit sponsorship in 50+ countries (built on Legalpad).

## Achievements

- Reached $17.3B valuation in October 2025 Series E
- Crossed $1B annual run rate in Q1 2025
- Acquired 13+ companies including Hofy, Legalpad, PayGroup, Zavvy, Capbase, PaySpace, and Sastrify
- Y Combinator W19 batch alum that became one of the most valuable YC companies
- Processes $22B+ in payroll annually as of 2025

## Latest updates

- **2026-03** — Acquired SaaS procurement platform Sastrify, expanding Deel IT into full software lifecycle management.
- **2025-10** — Raised $300M Series E at a $17.3B valuation, led by Ribbit Capital, a16z, and Coatue.
- **2025-06** — Announced surpassing $1B annual run rate with 75% YoY revenue growth.
- **2026-01** — Published Global Hiring Report 2026, tracking AI adoption and remote-work trends across 35,000+ customers.

## Links

- Website: https://deel.com
- LinkedIn: https://www.linkedin.com/company/deel
- Twitter/X: https://twitter.com/deel
- GitHub: https://github.com/deel-engineering
- YouTube: https://www.youtube.com/@deelhr
- Instagram: https://www.instagram.com/deel.hr
- Facebook: https://facebook.com/getdeel

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Profile page: https://yespress.io/deel
Published by YesPress — https://yespress.io
Last updated: 2026-05-29