Deelrevenue, valuation & funding
Org Chart SoftwareSan Francisco, CaliforniaFounded 2019CEO Alex Bouaziz
Deel helps thousands of companies expand globally with unmatched speed and flexibility. It's global hiring, HR and payroll in just one system.
Deel revenue & ARR
Deel's annual recurring revenue passed $1.4B in February 2026 (deel.com). That is up 75% from $800M a year earlier.
All 10 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2020 | $4M | – |
| Apr 2021 | $18M | – |
| Oct 2021 | $45M | – |
| Nov 2021 | $50M | – |
| Nov 2022 | $230M | – |
| Jun 2023 | $400M | The Information |
| Jun 2024 | $500M | – |
| Apr 2025 | $800M | – |
| Oct 2025 | $1B | |
| Feb 2026 | $1.4B | deel.com |
– source not recorded
Deel valuation
Deel is privately held, so there is no Deel stock to buy. Investors valued it at $17.3B in its October 2025 Series E, led by Ribbit Capital.
Valuation history$17.3B Series E 2025$12B Series D 2022$5B Series D 2021$1B Series C 2021
Deel funding rounds & investors
Deel has raised $979.1M across eight rounds since 2019. The latest was a $300M Series E in October 2025, led by Ribbit Capital.
| Date | Round | Raised | Valuation | Led by | Source |
|---|---|---|---|---|---|
| Oct 2025 | Series E | $300M | $17.3B | Ribbit Capital | deel.com |
| May 2022 | Series D | $50M | $12B | – | |
| Oct 2021 | Series D | $425M | $5B | – | |
| Apr 2021 | Series C | $156M | $1B | – | |
| Sep 2020 | Series B | $30M | – | – | |
| May 2020 | Series A | $14M | – | – | |
| Apr 2019 | Funding round | $3.9M | – | – | |
| Mar 2019 | Funding round | $150K | – | – | |
| Total raised | $979.1M |
Deel competitors
Deel competes most directly with Payoneer, Rippling, Remote, Globalization Partners and 2 others. It is the largest of the seven by revenue.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
| Deel | $1.4B | $979.1M | 4,000 | 4.5K | 2019 |
 Payoneer | $1.1B | $270M | 2,240 | 14M | 2005 |
 Rippling | $1B | $1.9B | 5,000 | 2K | 2016 |
 Remote | $300M | $300M | 11.9K | – | 2019 |
 Globalization Partners | $300M | $150M | 2,156 | – | 2012 |
 Papaya Global | $100M | $439.5M | 795 | 1K | 2016 |
 Oyster | $96.6M | $283.2M | 573 | 80 | 2020 |
#1 of 59 Org Chart Software companies by revenue · category median $2.4M · See the ranking
Deel CEO, founders & employees
Alex Bouaziz founded Deel in 2019 with Shuo Wang and runs it as CEO. Deel has 4,000 employees (June 2026, deel.com estimate).
- Alex BouazizCo-founder & CEO
BoardLucas Swisher, Greg Lazarus, Ali Rowghani, Philippe Bouaziz, Yasmin Razavi
InvestorsAnish Acharya
All 11 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jun 2026 | 4,000EST. | deel.com estimate |
| Oct 2024 | 6,274 | |
| Oct 2023 | 3,170 | |
| Oct 2022 | 1,649 | |
| Dec 2021 | 550 | – |
| Nov 2021 | 550 | – |
| Oct 2021 | 346 | – |
| Jul 2021 | 188 | – |
| Apr 2021 | 139 | – |
| Dec 2020 | 50 | – |
| Nov 2020 | 50 | – |
Deel FAQ
What is Deel's revenue?
Deel's annual recurring revenue passed $1.4B in February 2026, according to deel.com.
What is Deel's valuation?
Investors valued Deel at $17.3B in its October 2025 Series E, led by Ribbit Capital, according to deel.com.
How much funding has Deel raised?
Deel has raised $979.1M across eight funding rounds. The latest was a $300M Series E in October 2025, led by Ribbit Capital.
Who owns Deel?
Deel is privately held. Its lead investors include Ribbit Capital.
How many employees does Deel have?
Deel.com estimates Deel's headcount at about 4,000 (June 2026).
Who is the CEO of Deel?
Alex Bouaziz is the CEO of Deel and co-founded the company in 2019.
Who founded Deel?
Alex Bouaziz and Shuo Wang founded Deel in 2019.
How this page is sourced
7 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Jul 3, 2026Data disclaimerReport a correctionClaim this profileRun Deel? Join the podcast