Latka logo

How Deel CEO Alex Bouaziz grew Deel to $1B revenue and 4.5K customers in 2025.

Deel helps thousands of companies expand globally with unmatched speed and flexibility. It's global hiring, HR and payroll in just one system.

Last updated

Deel Revenue

In 2025, Deel's revenue reached $1B. The company previously reported $800M in 2025. Since its launch in 2019, Deel has shown consistent revenue growth.

Deel Revenue GrowthReported revenue / ARR by year$0$250M$500M$750M$1B$1B2019202020212022202320242025$0$4M$50M$230M$400M$500M$1BSource: GetLatka.com
YearMilestone
2025Deel Hit $1b revenue in October 2025Source
2025Deel Hit $800m revenue in April 2025
2024Deel Hit $500m revenue in June 2024
2023Deel Hit $400m revenue in June 2023Source
2022Deel Hit $230m revenue in November 2022
2021Deel Hit $50m revenue in December 2021
2021Deel Hit $50m revenue in November 2021
2021Deel Hit $45m revenue in October 2021
2021Deel Hit $18m revenue in April 2021
2020Deel Hit $4m revenue in December 2020
2019Launched with $0 revenue

Deel Valuation, Funding Rounds

Deel reached a $12B valuation in 2022, set during its Series D round.

Deel has raised $679.1M in total funding across 7 rounds, most recently a $50M Series D round in 2022.

Deel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3B$6B$9B$12B$15B20192020202120222019 cumulative: $150K • 2019 None: $150K2019 cumulative: $4M • 2019 None: $150K • 2019 None: $4M2020 cumulative: $18M • 2019 None: $150K • 2019 None: $4M • 2020 Series A: $14M2020 cumulative: $48M • 2019 None: $150K • 2019 None: $4M • 2020 Series A: $14M • 2020 Series B: $30M2021 cumulative: $204M • 2019 None: $150K • 2019 None: $4M • 2020 Series A: $14M • 2020 Series B: $30M • 2021 Series C: $156M @ $1B valuation2021 cumulative: $629M • 2019 None: $150K • 2019 None: $4M • 2020 Series A: $14M • 2020 Series B: $30M • 2021 Series C: $156M @ $1B valuation • 2021 Series D: $425M @ $5B valuation2022 cumulative: $679M • 2019 None: $150K • 2019 None: $4M • 2020 Series A: $14M • 2020 Series B: $30M • 2021 Series C: $156M @ $1B valuation • 2021 Series D: $425M @ $5B valuation • 2022 Series D: $50M @ $12B valuation$679M2021 Series C: $1B valuation$1B2021 Series D: $5B valuation2022 Series D: $12B valuation$12BSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series D$50M$12B0%
2021Series D$425M$5B9%
2021Series C$156M$1B16%
2020Series B$30M--
2020Series A$14M--
2019None$3.9M--
2019None$150K--

Deel Employees & Team Size

Deel employs approximately 6.3K people as of 2026, up from 3.2K in 2023.

Deel has 6.3K total employees in different roles and functions and 124 sales reps that carry a quota. They have 4.5K customers that rely on the company's solutions.

Deel Team GrowthReported headcount over time01,5003,0004,5006,0007,500201920202021202220232024006,2746,274Source: GetLatka.com
YearMilestone
2024Reached 6.3K employees (October 2024)
2023Reached 3.2K employees (October 2023)
2022Reached 1.6K employees (October 2022)
2021Reached 550 employees (December 2021)
2021Reached 550 employees (November 2021)
2021Reached 346 employees (October 2021)
2021Reached 188 employees (July 2021)
2021Reached 139 employees (April 2021)
2020Reached 50 employees (December 2020)
2020Reached 50 employees (November 2020)

Founder / CEO

Alex Bouaziz

Alex Bouaziz is a co-founder and CEO of Deel (YCW19), a platform to help businesses with compliance and payments for remote teams. His passion for building products led him to build companies such as Sarona Ventures and Lifeslice. Alex is an MIT alumnus holding a master's degree in engineering.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Deel acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Deel

What is Deel's revenue?

Deel generates $1B in revenue.

Who is the CEO of Deel?

The CEO of Deel is Alex Bouaziz.

How much funding does Deel have?

Deel raised $679.1M.

How many employees does Deel have?

Deel has 6.3K employees.

Where is Deel headquarters?

Deel is headquartered in San Francisco, California, United States.

People Also Viewed

Vestian logo

Vestian

A global real estate advisory firm offering a comprehensive suite of services, including portfolio management, brokerage advisory and project management

NOVOLO AI logo

NOVOLO AI

Novolo is a hardtech incubator, foundry, and investor. We launch and scale companies developing real-world technologies in robotics, manufacturing, healthcare, and beyond. From early prototyping to market-ready products, we drive innovation where physical tech meets AI. Explore our ventures and see how we're shaping the future of hardtech.

Advance Intelligence Group logo

Advance Intelligence Group

Advance Intelligence Group is an AI-driven technology company specializing in financial technology and services, founded in 2016 in Singapore. They provide AI-powered credit-enabled products and services in various sectors including financial services and retail.

Celonis logo

Celonis

Celonis is a company based in Munich, Germany, that provides a process mining platform that uses artificial intelligence and machine learning to help businesses analyze, visualize, and optimize their processes. The company was founded in 2011 by Bastian Nominacher, Alexander Rinke, and Martin Klenk and has since grown to serve over 1,000 customers worldwide, including Siemens, Coca-Cola, and Vodafone. Celonis has raised over $1 billion in funding from investors including 83North, Accel, and Sequoia Capital. The platform is used by businesses to gain insights into their processes, identify bottlenecks and inefficiencies, and improve their operational performance.

iObeya logo

iObeya

iObeya is an enterprise platform that virtualizes meeting rooms dedicated to all Visual Management practices. It offers a unique, life-like and immersive user experience, unlocking the constraints of paper for a seamless digital transition.

DataArt Enterprises logo

DataArt Enterprises

Software engineering firm that delivers high-value, high-quality solutions for clients, helping them build lifetime partnerships

Compare Deel to the industry

Deel operates across multiple industries. Browse revenue, funding, and growth data for Deel in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .