Founded in 2019 by alex bouaziz (ceo) and shuo wang (cro), the company has grown to serve 37,000+ businesses and 1.5 million workers across 150+ countries. Deel secures $300 million in series e funding, reaching $17.3 billion valuation The company was valued at $5.5 billion following its $425 million series d round back in 2021
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Deel, founded in 2019 by ceo alex bouaziz and cro shou wang, initially started out as an escrow platform for freelance workers before expanding into a comprehensive hr suite offering managed payroll, hiring, and payment solutions.
Deel says it's been profitable for three years and surpassed $1 billion in arr, including having a month that hit $100 million in revenue.
