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Deel Stock

Payroll and Compliance Platform

Founded

2018

Notable Investors

Altimeter Capital

Headquarters

San Francisco CA, US

Total Funding

$683M

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

Deutsche Bank

Deel, Ridecell, R3, CSS Corp

Firebolt Ventures

Tonal, Deel, Groq

LG Technology Ventures

Deel, Ridecell, Lygos

Operator Partners

Deel, Whatnot, Spring Health

Recursive Ventures

Deel, HoneyBook, Placer.ai, SafeGraph

Weekend Fund

Deel, Magic

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

About that Deel ARR number

TechCrunch - Apr, 13 2022

Deel raises $50 million

coverager - May, 16 2022

Deel Now Super Unicorn – Worth $12 Billion

jewishbusinessnews - May, 13 2022

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