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How Deem CEO David Grace grew Deem to $33.6M revenue and 50K customers in 2020.

Deem corporate travel booking software saves your travelers time booking, saves you money on air, hotel and ground - and helps you both get more done in less time, with more choice. Request a demo today!, Deem is a technology platform for the business travel industry focusing on travel, car service, and expense solutions

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Deem Revenue

In 2020, Deem's revenue reached $33.6M. Since its launch in 1999, Deem has shown consistent revenue growth.

Deem Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M199920012003200520072009201120132015201720192020$0$34MSource: GetLatka.com
YearMilestone
2020Deem Hit $33.6m revenue in August 2020
1999Launched with $0 revenue

Deem Valuation, Funding Rounds

Deem reached a $1.4B valuation in 2016, set during its Venture Round round.

Deem has raised $536.1M in total funding across 10 rounds, most recently a $34M Venture Round round in 2016.

Deem Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$400M$800M$1B$2B$2B19992001200320052007200920112013201520161999 cumulative: $0 • 1999 Founded: $02005 cumulative: $25M • 1999 Founded: $0 • 2005 Series C: $25M2006 cumulative: $58M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M2008 cumulative: $158M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M2009 cumulative: $198M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M2011 cumulative: $331M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M • 2011 Venture Round: $133M @ $1B valuation2013 cumulative: $343M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M • 2011 Venture Round: $133M @ $1B valuation • 2013 Venture Round: $13M2013 cumulative: $352M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M • 2011 Venture Round: $133M @ $1B valuation • 2013 Venture Round: $13M • 2013 Debt Financing: $9M2013 cumulative: $422M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M • 2011 Venture Round: $133M @ $1B valuation • 2013 Venture Round: $13M • 2013 Debt Financing: $9M • 2013 Venture Round: $70M2014 cumulative: $472M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M • 2011 Venture Round: $133M @ $1B valuation • 2013 Venture Round: $13M • 2013 Debt Financing: $9M • 2013 Venture Round: $70M • 2014 Private Equity Round: $50M @ $2B valuation2016 cumulative: $506M • 1999 Founded: $0 • 2005 Series C: $25M • 2006 Series D: $33M • 2008 Series E: $100M • 2009 Series F: $40M • 2011 Venture Round: $133M @ $1B valuation • 2013 Venture Round: $13M • 2013 Debt Financing: $9M • 2013 Venture Round: $70M • 2014 Private Equity Round: $50M @ $2B valuation • 2016 Venture Round: $34M @ $1B valuation$506M1999 Founded: $0 valuation2011 Venture Round: $1B valuation2014 Private Equity Round: $2B valuation2016 Venture Round: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Venture Round$34M$1.4B2%
2014Private Equity Round$50M$1.6B3%
2013Venture Round$70M--
2013Debt Financing$9.3M--
2013Venture Round$12.5M--
2011Venture Round$133M$1.2B11%
2009Series F$40M--
2008Series E$100M--
2006Series D$32.5M--
2005Series C$25M--

Deem Employees & Team Size

Deem employs approximately 373 people as of 2026, up from 275 in 2019.

Deem has 373 total employees in different roles and functions. They have 50K customers that rely on the company's solutions.

Deem Team GrowthReported headcount over time015030045060075019992001200320052007200920112013201520172019202000373373Source: GetLatka.com
YearMilestone
2020Reached 373 employees (August 2020)
2019Reached 275 employees (January 2019)
2016Reached 250 employees (April 2016)
2011Reached 600 employees (September 2011)
2009Reached 380 employees (September 2009)
2006Reached 316 employees (July 2006)

Founder / CEO

David Grace

CEO at Deem Inc

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Customers

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Frequently Asked Questions about Deem

What is Deem's revenue?

Deem generates $33.6M in revenue.

Who founded Deem?

Deem was founded by David Grace.

Who is the CEO of Deem?

The CEO of Deem is David Grace.

How much funding does Deem have?

Deem raised $536.1M.

How many employees does Deem have?

Deem has 373 employees.

Where is Deem headquarters?

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

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Compare Deem to the industry

Deem operates across multiple industries. Browse revenue, funding, and growth data for Deem 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 .

Deem Revenue 2020: $33.6M ARR, $1.4B Valuation