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Deel Stock
Payroll and Compliance Platform
About Deel Stock
Deel is a developer of a payroll platform used to re-imagine payouts for businesses working with remote contractors. The platform is used by remote teams that connect localized compliance and automates payments in one system of record, as well as provides contracts and templates to be used for tax forms and localized contracts, automated payment, invoicing and receipts, and customer support. It aims to offer to every company that hires remote talents a one-stop-shop that makes onboarding, global compliance, and payments easier. The company was founded by Alex Bouaziz, Ofer Simon, and Shuo Wang in 2018 and is headquartered in San Francisco, California.
Investors
Altimeter Capital
Udaan, AppDynamics, Airbnb, Lacework, Snowflake, Vroom, Unity Technologies, 23andMe, Cerebras Systems, Deel
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Magic Leap, Stripe, Anduril Industries, Rappi, CoinSwitch Kuber
Coatue
Swiggy, Lacework, Caris Life Sciences, Relativity Space, Hopin, Snyk, Rapyd, SpotOn, Attentive, Cerebras Systems
Counterpart Advisors
Scopely, TripActions, Via, Convoy, Deel, project44, Getaround, Goat Group, StockX, Turo
Emerson Collective
Devoted Health, Carbon, Deel, Guild Education, Handshake, Color, Boom Supersonic, Aurora Solar, Udacity, The Athletic
Esas Ventures
Fresh VC
Green Bay Ventures
Databricks, Collective Health, Deel, Lime, AnchorFree, RapidAPI
Hack VC
Deel, Alto Pharmacy, TaxBit, Sendoso, Molekule, Nav, Celo, Boba Network, SILQ
Operator Partners
Soma Capital
Rappi, Rippling, Deel, Alto Pharmacy, Flutterwave, Ironclad, Human Interest, Alloy, Astranis, Lattice
Spark Capital
Anduril Industries, Slack, Affirm, MessageBird, Discord, Rapyd, Cybereason, Plaid, Plume Design, Deel
Funding History
| May 2020 | $150K |
|---|---|
| May 2020 | $184K |
| May 2020 | $1.6M |
| May 2020 | $2.6M |
| May 2020 | $14.1M |
| August 2020 | $30.1M |
| March 2021 | $156M |
| September 2021 | $3.0M |
| September 2021 | $426M |
| April 2022 | $50.0M |
Management
Chief Executive Officer
Alex Bouaziz
Chief Technology Officer
Yaron Lavi
Press
TechCrunch - Apr, 21 2021
TechCrunch - Sep, 9 2020
TechCrunch - Mar, 25 2019
TechCrunch - May, 14 2022
TechCrunch - Apr, 16 2022
TechCrunch - Apr, 13 2022
bizjournals - Aug, 5 2022
finance - Jun, 29 2022
ift - Jun, 23 2022
letsdeel - Jun, 22 2022
bit - May, 17 2022
coverager - May, 16 2022
jewishbusinessnews - May, 13 2022
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axios - May, 11 2022
news - Mar, 22 2022
soundcloud - Feb, 25 2022
techcabal - Feb, 15 2022
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