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DEEL
Deel
HR technology (global payroll and employer of record) · San Francisco, California · United States · Founded · 2019 · ≈ · 7,500 · employees

Deel Company Profile

Private

Founded in 2019, Deel operates in hr technology (global payroll and employer of record). Investors last valued the company at $17.3B (post-money). Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Deel at a glance
Last valuation
$17.3B
POST-MONEY · OCT 2025
Raised across rounds
$1.6B
8 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Deel valuation history

3 valuations. The latest, $17.3B post-money, was set by the Series E in Oct 2025.

$17.3B
Oct 2021
$5.5B
Series D · post-money
May 2022
$12B
Extension round · post-money
+118% vs prior valuation
Oct 2025
$17.3BLATEST
Series E · post-money
+44% vs prior valuation
Latest valuation
$17.3Bpost-money
Set by the Series E · 20 Oct 2025
×3.1since the $5.5B Series D in Oct 2021
Valuations
3
Priced rounds with a valuation
Event type
Primary round
The Series E · $300M raised
Undated: Series E at $17.3B (post-money); Secondary sale at $12B (secondary).
Funding history

Deel funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
May 2020
$14M
—
Andreessen Horowitz
—
Series B
Sep 2020
$48M
—
Spark Capital
—
Series C
Apr 2021
$156M
—
—
—
Series D
Oct 2021
$425M
$5.5B
Coatue, DST Global
—
Extension round
May 2022
$50M
$12B
—
+118.2%
Series E
Oct 2025
$300M
$17.3B
Ribbit Capital, Andreessen Horowitz, Coatue Management
+44.2%
Series E
—
$300M
$17.3B
Ribbit Capital, Andreessen Horowitz
—
Secondary sale
—
$300M
$12B
General Catalyst, Mubadala
—
Deel · investors

Investors

General CatalystLEADMMubadalaLEADRibbit CapitalLEADAndreessen HorowitzLEADCoatue ManagementLEADCoatueLEADDST GlobalLEADSpark CapitalLEADY CombinatorEEmerson Collective
Will Deel IPO?
Founded
2019
May 2020
Series A
Oct 2025
Series E · $17.3B
IPO
Not announced
No filing has been made.
Deel — the private market
Last valuation$17.3B · post-money · Oct 2025
Total raised$1.6B
Lead investors
General CatalystMubadalaRibbit CapitalAndreessen Horowitz
IPO statusNot announced
Founded · HQ2019 · San Francisco, California · United States
Employees≈ 7,500
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Deel

Deel is a Delaware-incorporated payroll and HR company founded in 2019 by MIT graduates Alex Bouaziz and Shuo Wang along with Ofer Simon, after the founders struggled to hire international staff for earlier ventures. The company now owns around 250 legal entities and runs in-house payroll teams in more than 130 countries, offering employer-of-record, contractor, immigration, HRIS and performance-management services under products such as Deel Payroll, Deel HR and Deel Mobility. More than 35,000 customers use Deel, including Shopify, Nike and Klarna, and the company operates with a fully remote, globally distributed workforce.

In October 2025, Deel raised a $300 million Series E round co-led by Ribbit Capital and Andreessen Horowitz, valuing the company at $17.3 billion.

The money screen · ranked by accessibility

How to get Deel exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Deel.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Deel availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Deel included.

No account needed

Deel stock — frequently asked questions

Who are Deel's competitors?›

The closest hr technology (global payroll and employer of record) peers are on the competitors page.

When will Deel IPO?›

No IPO is for Deel.

How can I get exposure to Deel?›

The routes section explains what is realistically available for a company at this stage.

Is Deel publicly traded?›

No. Deel is a private company; its shares do not trade on a public exchange.

What is Deel's valuation?›

The last valuation is $17.3B (post-money, Oct 2025).

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