Funding daily

California-based Deel lands $425 million in funding

What is Deel?

Deel is a payroll platform developer.

What does Deel do?

The company offers a payroll platform that allows businesses that recruit remote workers to have a one-stop-shop for onboarding, global compliance, and payments.

Who owns Deel?

The company was founded in 2018 by Alex Bouaziz, Ofer Simon, and Shuo Wang, with headquarters in San Francisco, California.

How much has Deel raised?

Deel has raised $629 million in six rounds of investment, reaching Unicorn status. Their most recent funding came from a $425 million Series D round raised on October 18, 2021. In August this year, Deal acquired the Berlin-based AI company Zeitgold.

Who has invested in Deel?

The company is backed by over thirty investors. Y Combinator Continuity Fund and Spark Capital joined in their latest Series D round on October 18, 2021

What domain name does Deel operate on?

The company is operating on the letsdeel.com domain name. Deel.com currently operates as a landing page. Whoxy data shows that in 2018 the domain was owned by Latvian-based company SIA Bouns.

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Monica Stankova

Mama of a baby blue-eyed angel, exploring her newly discovered passion for domains and branding. Lover of long walks and a good night's sleep.
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