Articles from Deel

Deel, the leading global payroll and HR platform, today announced its AI Workforce, an integrated hub to launch, manage and create AI agents and workflows, hosted on the Deel platform. Deel AI Workforce will allow businesses to easily add AI agents to a company’s workflow, surfacing information from Deel’s HR and payroll platform, where critical data and core processes already live.

Leading payroll and HR company Deel announced today that it surpassed a $1 billion run rate in Q1 2025 — a significant milestone achieved in just six years since its founding. This accomplishment underscores Deel’s rapid growth, global scale, and unwavering commitment to enabling the global future of work.

Leading payroll and HR company Deel today announced that new anchor investors, including General Catalyst and a sovereign investor, have purchased close to $300 million in Deel secondaries from early investors in the company. These investments signal not only Deel’s momentum, but also the long-term vision investors see in the company.

Today Deel, the leading global payroll and HR platform, welcomes seasoned board member and executive, Todd Ford, to its Board of Directors. The news comes as Deel reaches the milestone of two years of profitability within its first five years of operations.

Deel today announced the election of tech veteran and entrepreneur Francis deSouza to its board of directors. deSouza’s extensive background in leading and expanding complex businesses will bring significant expertise to Deel.

Global payroll and HR company Deel announced today that it is acquiring African-based payroll and HR company PaySpace for an undisclosed amount. It also announced that it has achieved $500M in annual recurring revenue (ARR) within five years of founding. The acquisition of PaySpace positions Deel as a market leader in global payroll, deepening Deel’s native infrastructure and coverage.

Today’s workforce is increasingly distributed around the globe, yet companies don’t have the tools to compliantly hire, pay, and manage their teams uniformly under one system. Deel’s new US PEO (professional employer organization) for smaller companies, plus its US and Global Payroll solutions for larger ones, address these issues to meet the needs of a truly global workforce.

Today global HR company Deel expands its immigration service on-platform, giving more companies the ability to hire and move teams to other countries in the world. Now, businesses looking to relocate people can use Deel's self-service tools to streamline the immigration process in over 25 countries, including the United States, Canada, and Brazil.

Deel Lab, the HR company’s research and policy consortium, today published its State of Global Hiring Report. Findings from 260k+ worker contracts across 160 countries show that from January through December 2022, global hiring grew across all regions, although some regions saw a higher rate of involuntary terminations and lower average starting salaries in the second half of the year.

Deel, the global HR company, today announced the launch of Deel HR, US Payroll, and Deel Engage, making it possible, for the first time, to hire, manage, and pay global teams compliantly on one platform. This news comes as Deel hits $295 million annual recurring revenue (ARR) at a $12 billion valuation – up from just $57 million ARR a year ago.

Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company PayGroup Limited. PayGroup is now part of Deel, a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange.

In another step to simplify the world of HR, global payroll company Deel has partnered with WeWork (NYSE: WE), the leading flexible workspace provider, to offer companies WeWork All Access memberships for employees.

Deel, the leading global solution for hiring, paying, and managing global teams, is now accepting applications for a Social Media Nomad. One lucky candidate will spend six months on the road in a fully-furnished van, touring Australia and New Zealand and creating content about their travel and remote work experience.

Deel, the remote hiring company shattering job barriers worldwide, today announced two moves to help Deel and its customers build culture among distributed teams. The company has acquired Roots, an HR software platform that enables remote organizations to collaborate more effectively and reduce burnout. Deel has also hired Casey Bailey, an HR veteran who previously held senior People roles scaling high-growth companies like Divvy and Uber.

Deel, the remote hiring company shattering job barriers worldwide, announced today that it has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. Deel has become the highest valued company in the global hiring, payments, and compliance space with this investment.

Deel, the market leader in the global payroll and compliance space, announced today that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings. This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue to transform rapidly. Deel is adding a full line of products through this acquisition to improve their customer experience further and provide them with the right solutions to scale internationally.

Deel has shared they've recently hired Olivier Elbaz as the Head of International Expansion, adding a pivotal role to their rapidly growing (remote) team. Elbaz, who comes off a 10-year stint at Salesforce, building high-performing teams and thriving enterprises from the ground up, will help the global payroll company better navigate expansion, tackle new markets, and accelerate growth across LATAM, EMEA, and Asia-Pacific regions.

Deel, the international payroll company shattering hiring barriers worldwide, announced today that it has raised $156 million in Series C funding led by the YC Continuity Fund and has welcomed Ali Rowghani to its board. The round was co-led by existing investors Andreessen Horowitz and Spark Capital. Dara Khosrowshahi, Lachy Groom, Jeffrey Katzenberg, Jeff Wilke, and Anthony Schiller also participated in the round, among others. With a valuation of $1.25 billion, Deel has emerged as a market leader in the global payroll and compliance space.