Founded
31 Dec 2017
Address
Deel Inc
425 First Street
#1502
San Francisco, CA 94105
United States
Phone
Website
Business classification
VCID: 7525322
Profile
Corporate information
Official name
Deel Inc
Registration country
Official identities
US CIK 0001813695
Official name
Deel Inc
Registration country
Official identities
US CIK 0001813695
Investment activity status
Active investor
Company type
Remote compliance and payroll software.Overview
Deel is a leading global compliance and payroll solution that helps businesses hire anyone, anywhere. Deel’s technology offers unmatched payroll, HR, compliance, perks, benefits, and other capabilities needed to hire and manage a global team. Using a tech-enabled self-serve process, Deel’s customers can hire independent contractors and full-time employees in over 150 countries, compliantly and in minutes. With more than 250 legal, accounting, mobility, and tax experts as partners, Deel enables any business to create, sign and send compliant localized contracts from a library of templates and pay teams in more than 120 currencies with just a click. Founded in 2019 by Alex Bouaziz and Shuo Wang, Deel is a fully distributed company with employees based worldwide.
Team
Current employees
![[node:title] photo](/sites/default/files/styles/icon/public/default_images/icon-person.png?itok=8SSzz6Wf "[node:title] photo"){kind=icon}
|
Alex Bouaziz | founder | |
|
|
Shuo Wang | founder | |
|
Ali Rowghani | (from Apr 2021) |
Funding
Funding rounds
Series D USD 425,000,000
USD 425,000,000 (18 Oct 2021) at USD 5,500,000,000 valuation. Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Coatue Management LLC | Privately owned hedge fund sponsor. | United States | Initial investment. Led the round. |
|
Altimeter Capital Management LP | Technology focused investment firm. | United States | Initial investment. Round participant. |
|
Green Bay Ventures LLC | Venture capital firm focusing on early-stage investments in breakthrough technologies. | United States | Initial investment. Round participant. |
|
Neo Ventures | Diverse mentorship community, startup accelerator, and VC. | United States | Initial investment. Round participant. |
|
Andreessen Horowitz | Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | Follow-on investment. Round participant. |
|
Spark Capital | Early and growth stage venture capital firm. | United States | Follow-on investment. Round participant. |
|
YC Continuity | Follow-on investment. Round participant. |
Series C USD 156,000,000
USD 156,000,000 (22 Apr 2021) at USD 1,250,000,000 valuation. Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
YC Continuity | via YC Continuity, Initial investment. Led the round. | ||
|
|
Andreessen Horowitz | Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | Follow-on investment. Led the round. |
|
|
Spark Capital | Early and growth stage venture capital firm. | United States | Follow-on investment. Led the round. |
|
|
Anthony Schiller | Initial investment. Round participant. | ||
|
Dara Khosrowshahi | Initial investment. Round participant. | ||
|
|
Jeff Wilke | Initial investment. Round participant. | ||
|
Jeffrey Katzenberg | Initial investment. Round participant. | ||
|
|
Lachy Groom | Initial investment. Round participant. |
Series B USD 30,000,000
USD 30,000,000 (9 Sep 2020) Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Spark Capital | Early and growth stage venture capital firm. | United States | Initial investment. Led the round. |
N/A USD 18,600,000
USD 18,600,000 (4 Jan 2020) Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Andreessen Horowitz | Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Y Combinator | American technology startup accelerator. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Quiet Capital Management LLC | United States | Initial investment. Round participant. |
Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
S32 | Initial investment. Round participant. |
Change in valuation: unknown
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
WndrCo LLC | United States | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Altimeter Capital Management LP Technology focused investment firm. |
Series D | |
|
|
Andreessen Horowitz Venture capital firm founded by Marc Andreessen and Ben Horowitz |
+1 (650) 798-3900 |
N/A Series C Series D |
|
|
Anthony Schiller |
Series C | |
|
|
Coatue Management LLC Privately owned hedge fund sponsor. |
Series D | |
|
|
Green Bay Ventures LLC Venture capital firm focusing on early-stage investments in breakthrough technologies. |
+1 (650) 854-9499 |
Series D |
|
La Famiglia GmbH |
+49 (176) 5685-3504 |
N/A |
|
|
Neo Ventures Diverse mentorship community, startup accelerator, and VC. |
Series D | |
|
|
Quiet Capital Management LLC |
N/A | |
|
|
S32 |
N/A | |
|
|
Spark Capital Early and growth stage venture capital firm. |
+1 (617) 830-2000 |
Series B Series C Series D |
|
|
WndrCo LLC |
+1 (323) 513-9999 |
N/A |
|
|
Y Combinator American technology startup accelerator. |
Seed | |
|
|
YC Continuity |
Series C Series D |
Investments
Selected investments
| Company | Country | Date | Notes | ||
|---|---|---|---|---|---|
|
Hofy Ltd |
United Kingdom | 18 Jul 2024 | Acquisition Initial investment. Round participant. Active |
|
|
PaySpace Payroll and Human Resources platform. |
South Africa | 5 Mar 2024 | Acquisition Initial investment. Led the investment round. Active |
|
|
Capbase Inc Cap table management startup. |
United States | 11 Jan 2023 | Acquisition Initial investment. Led the investment round. Active |
|
|
Legalpad Inc Provider of legal support for navigating the U.S. visa and immigration system. |
United States | 5 Aug 2022 | Acquisition Initial investment. Led the investment round. Active |
|
|
Zeitgold |
Germany | 3 Aug 2021 | Acquisition Initial investment. Led the investment round. Active |
|
|
Otta Technology Ltd Job search platform. |
United Kingdom | N/A Initial investment. Round participant. Active |
