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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 Funding — Last Valued at $17.3B

Private

Deel has raised $1.6B across 6 funding rounds, plus 2 undated rounds. The latest round valued Deel at $17.3B post-money, with Ribbit Capital, Andreessen Horowitz, Coatue Management on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Deel funding · at a glance
Total raised, all rounds
$1.6B
sum of disclosed sizes
Funding rounds
6
plus 2 undated rounds
Latest round
$17.3B
post-money · Oct 2025
Lead on that event
Ribbit Capital
lead investor
2025
About Deel

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, on top of more than $600 million raised in earlier rounds.

Funding timeline

The Deel funding timeline

6 funding rounds, the latest highlighted.

2019
Deel founded

Deel was founded in 2019, United States.

UNDATED
Series E, Secondary sale

No date is disclosed for this round.

MAY 2020
Series A

A primary round — the company sells new shares to investors it selects. $14M raised, led by Andreessen Horowitz.

Valuation basisAmount$14MPrice / shareLeadAndreessen Horowitz
SEP 2020
Series B

A primary round — the company sells new shares to investors it selects. $48M raised, led by Spark Capital.

Valuation basisAmount$48MPrice / shareLeadSpark Capital
APR 2021
Series C

Participation from Andreessen Horowitz and others; round made Deel a unicorn. $156M raised.

Valuation basisAmount$156MPrice / shareLead
OCT 2021
Series D at $5.5B post-money

A primary round — the company sells new shares to investors it selects. $425M raised, led by Coatue, DST Global.

Valuation basispost-moneyAmount$425MPrice / shareLeadCoatue, DST Global
MAY 2022
Extension round at $12B post-money

Contributions from impact investor Emerson Collective. $50M raised.

Valuation basispost-moneyAmount$50MPrice / shareLead
OCT 2025LATEST
Series E at $17.3B post-money

A primary round — the company sells new shares to investors it selects. $300M raised, led by Ribbit Capital, Andreessen Horowitz, Coatue Management.

Valuation basispost-moneyAmount$300MPrice / shareLeadRibbit Capital, Andreessen Horowitz, Coatue Management
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Deel funding rounds in full

6 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series E LATEST
Oct 2025
$300M
$17.3Bpost-money
—
Ribbit Capital, Andreessen Horowitz, Coatue Management
—
Extension round
May 2022
$50M
$12Bpost-money
—
—
contributions from impact investor Emerson Collective
Series D
Oct 2021
$425M
$5.5Bpost-money
—
Coatue, DST Global
—
Series C
Apr 2021
$156M
—
—
—
participation from Andreessen Horowitz and others; round made Deel a unicorn
Series B
Sep 2020
$48M
—
—
Spark Capital
—
Series A
May 2020
$14M
—
—
Andreessen Horowitz
—
Series E
—
$300M
$17.3Bpost-money
—
Ribbit Capital, Andreessen Horowitz
—
Secondary sale
—
$300M
$12Bsecondary
—
General Catalyst, Mubadala
—
Deel · investors

Investors

General CatalystLEADMMubadalaLEADRibbit CapitalLEADAndreessen HorowitzLEADCoatue ManagementLEADCoatueLEADDST GlobalLEADSpark CapitalLEADY CombinatorEEmerson Collective

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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