Deel revenue hit $400M in 2024

Deel generates revenue from 4500 customers

Deel

650 2nd St, San Francisco, California, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Deel hit $400M revenue and 4.5K customers in 2023.

Deel is a global payroll and compliance platform that enables businesses to hire anyone, anywhere, in a compliant manner. The company was founded in 2018 and is headquartered in San Francisco, California, with additional offices in Canada, the Netherlands, and Brazil. Deel's platform streamlines the process of hiring and onboarding remote employees and contractors, managing their payroll and benefits, and ensuring compliance with local laws and regulations. Deel serves a wide range of clients, from small startups to large corporations, across various industries, including technology, e-commerce, finance, and creative services.

Founded

2019

Founded

Revenue

$400M

2023 Revenue

YOY

300%

YOY

Funding

$629.1M

Funding

Deel Revenue

In 2023, Deel revenue run rate hit $400M in revenue.

  • 2023

    Deel hit $400M in revenue in 2023

  • 2022

    Deel hit $100M in revenue in 2022

  • 2022

    Deel hit $100M in revenue in 2022

  • 2021

    Deel hit $50M in revenue in 2021

  • 2021

    Deel hit $50M in revenue in 2021

  • 2021

    Deel hit $45M in revenue in 2021

  • 2021

    Deel hit $18M in revenue in 2021

  • 2020

    Deel hit $4M in revenue in 2020

  • 2019

    Deel launched in 2019 with $0 revenue

Deel Funding History

  • 2021 Series D

    Deel raised a Series D of in October, 2021

  • 2021 Series C

    Deel raised a Series C of in April, 2021

  • 2020 Series B

    Deel raised a Series B of in September, 2020

  • 2020 Series A

    Deel raised a Series A of in May, 2020

  • 2019

    Deel raised a of in April, 2019

  • 2019

    Deel raised a of in March, 2019

FUNDING DATE ROUND AMOUNT VALUATION
October, 18 2021 Series D
April, 21 2021 Series C
September, 09 2020 Series B
May, 21 2020 Series A
April, 02 2019
March, 18 2019

Team

Deel has 9,400 total employees and 124 sales reps that carry a quota. They have 4,500 customers an engineering team of 44 and a marketing team of 12.

DISTRIBUTION QTY
Total team size 9.4K
Engineer 44 (0%)
Sales 124 (1%)
Marketing 12 (0%)

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

Churn

Deel Executives

Name Position Working Email Personal Email
Alex Bouaziz CEO [email protected] -

Deel Employees

Name Position Working Email Personal Email
Alex Bouaziz CEO [email protected] -
Anish Acharya Investor [email protected] -

Deel Board of Directors

Name Position Working Email Personal Email
Lucas Swisher Board Member - -
Greg Lazarus Board Member [email protected] -
Ali Rowghani Board Member [email protected] -
Philippe Bouaziz Board Member [email protected] -
Yasmin Razavi Board Director [email protected] -

Frequently Asked Questions about Deel

  • When was Deel founded?

    Deel was founded in 2019.

  • How much revenue does Deel generate?

    Deel generates $400M in revenue.

  • Who is the CEO of Deel

    The CEO of Deel is Alex Bouaziz.

  • How much funding does Deel have?

    Deel raised $629.1M.

  • How many employees does Deel have?

    Deel has 9.4K employees.

  • Where is Deel headquarters?

    Deel is headquartered at 650 2nd St, San Francisco, California, United States

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