Deel
About Deel
Deel is a payroll and compliance platform that enables companies to hire, onboard, and manage employees and contractors globally without establishing local legal entities. It addresses the complexities of international payroll, compliance with local labor laws, and the need for streamlined HR operations across diverse jurisdictions.
```xml <problem> Managing a global workforce presents significant challenges, including navigating complex international payroll regulations, ensuring compliance with varying local labor laws, and streamlining HR operations across different countries. Companies often struggle with the administrative burden and potential legal risks associated with hiring and paying employees and contractors in multiple jurisdictions. </problem> <solution> Deel offers a comprehensive global people platform designed to simplify international hiring, payroll, and compliance. The platform enables businesses to compliantly onboard and manage both employees and contractors worldwide, without the need to establish local legal entities in every country. Deel consolidates HR operations into a single system, automating payroll processes across 150 countries and ensuring adherence to local labor laws. By integrating HR, payroll, performance management, and compliance tools, Deel streamlines global workforce management, reduces administrative overhead, and provides businesses with enhanced insights into their global teams. </solution> <features> - Global payroll processing in 150+ countries, supporting various currencies and payment methods - Automated compliance with local labor laws, tax regulations, and employment standards - Streamlined onboarding and offboarding workflows for international employees and contractors - Employee Stock Options (ESO) administration - Contractor management tools for creating, sending, and managing contracts - Global HRIS (Human Resources Information System) to centralize employee data and reporting - Employee benefits administration, including health insurance and retirement plans - AI-powered tools to manage goals, performance, learning development, and team satisfaction - Immigration support to facilitate visa applications and relocation for international talent - Equipment procurement, deployment, repair, and recovery in 130 countries - Integration with Workday and other leading HR and accounting software </features> <target_audience> Deel primarily serves companies of all sizes, from startups to large enterprises, that are looking to hire, manage, and pay employees and contractors globally while maintaining compliance with local regulations. </target_audience> <revenue_model> Deel offers tiered subscription plans for its services, including Deel HR (free), Deel Payroll (starting at $29 per employee/month), Deel Contractor ($49/month), and Deel EOR (starting at $599/month). </revenue_model> ```
What does Deel do?
Deel is a payroll and compliance platform that enables companies to hire, onboard, and manage employees and contractors globally without establishing local legal entities. It addresses the complexities of international payroll, compliance with local labor laws, and the need for streamlined HR operations across diverse jurisdictions.
Where is Deel located?
Deel is based in San Francisco, United States.
When was Deel founded?
Deel was founded in 2019.
How much funding has Deel raised?
Deel has raised 679000000.
- Location
- San Francisco, United States
- Founded
- 2019
- Funding
- 679000000
- Employees
- 7272 employees
- Major Investors
- Andreessen Horowitz, Y Combinator, Franklin Templeton, Quiet Capital, Elad Gil