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.
- Artificial Intelligence
- Enterprise Software
- HR Technology
- Software Only
Funding
Raised to date
$679MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
$300M across 1 disclosed round
+19$300M · Series E
Announced Oct 2025
Disclosed cumulative: $300M
Reported total $679M
Incomplete round history. $379M of the $679M reported total isn’t matched to a known round.
Founders
Product
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.
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.
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.
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