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Valuation

$12B

2025 Revenue

$1B

Customers

4.5K

Funding

$679.1M

YOY

100%

Avg ACV

$222.2K

Team

6.3K

Founded

2019

How Deel CEO Alex Bouaziz grew 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.

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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 over time$0$250M$500M$750M$1B$1B2019202020212022202320242025$0$4M$18M$230M$400M$500M$1BSource: GetLatka.com
YearMilestoneQuote
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% SoldQuote
2022Series D$50M$12B0%
2021Series D$425M$5B9%
2021Series C$156M$1B16%
2020Series B$30M--
2020Series A$14M--
2019None$3.9M--
2019None$150K--

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.

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Customers

Deel serves 4.5K customers.

Deel Employees & Team Size

Deel employs approximately 6.3K people as of 2026, up from 3.2K in 2023, including 124 sales reps that carry a quota. It serves 4.5K customers that rely on its 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)

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.

Compare Deel to the industry

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

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Deel Revenue 2025: $1B ARR, $12B Valuation