Deel, founded in 2019, provides an all-in-one payroll and HR platform for global teams, allowing companies to hire, pay, and manage workers across more than 150 countries. Its platform combines HRIS, payroll, compliance, benefits, performance, and equipment management, underpinned by in-house compliance infrastructure and AI-powered tools. The system processed $11.2 billion in payments to workers in 2024, transacting in nearly 100 currencies.
The company has scaled rapidly, growing from $1 to $1 billion in annual recurring revenue in just over five years, reaching a valuation of $17.3 billion. Its services include provision of localized healthcare and benefits in 109 countries, supporting businesses aiming to build diverse, distributed teams and enabling access to global employment opportunities regardless of location.
