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{{Short description|A private San Francisco-based payroll and compliance provider}}
{{Short description|A private San Francisco-based payroll and compliance provider}}
{{distinguish|Dell|Deli (company)}}
{{Infobox company
{{Infobox company
| name = Deel
| name = Deel
| type = [[Privately held company|Private]]
| type = [[Privately held company|Private]]
| logo = Deel Logo.png
| logo = Deel Logo.png
| founded = {{Start date and age|2018}}
| founded = {{Start date and age|2019}}
| founder = {{Plain list|
| founder = {{Plain list|
* Alex Bouaziz (CEO)
* [[Chief executive officer|CEO]]: Alex Bouaziz
* Shuo Wang (CRO)
* [[Chief revenue officer|CRO]]: Shuo Wang
* Dan Westgarth (COO)
* [[Chief operating officer|COO]]: Dan Westgarth
}}
}}
| hq_location = [[San Francisco]]
| hq_location = [[San Francisco]]
| revenue = $500m <ref>{{Cite web|url=https://techcrunch.com/2024/03/05/deel-acquires-payspace-500m-arr/ |title=Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR |publisher=Techcrunch |date=2024-03-05 |access-date=2024-03-30}}</ref>
| revenue = $300m
| revenue_year = 2024

| num_employees = 2200<ref>{{Cite web|url=https://www.deel.com/careers|title=Deel Careers &#124; Deel}}</ref>
| num_employees = 3,000 <ref>{{Cite web|url=https://www.deel.com/careers|title=Deel Careers &#124; Deel}}</ref>
| num_employees_year = 2023
| num_employees_year = 2024
| products = [[Professional employer organization]], [[payroll]], [[invoice processing]], [[debit cards]], [[payment processing]]
| products = [[Professional employer organization | Professional employer organization services]] and [[payroll | payroll services]]
| website = [https://deel.com deel.com]
| website = {{URL|https://deel.com}}
}}
}}
'''Deel''' is a privately-held [[payroll]] and compliance provider based in [[San Francisco]], California.<ref name=":0" /><ref name=":6">{{Cite web|title=Deel Raises $156M at $1.2B Valuation to Expand Its Global HR Software Solution {{!}} Built In San Francisco|url=https://www.builtinsf.com/2021/04/22/deel-raises-156m-remote-hiring-unicorn|access-date=2021-10-17|website=www.builtinsf.com|language=en}}</ref> The company provides hiring and payments services for companies hiring international employees and contractors.<ref name=":0" />
'''Deel''' is an American [[payroll]] and compliance provider based in [[San Francisco]], California.<ref name=":0">{{Cite web |last=Son |first=Hugh |date=2020-05-21 |title=Remote work start-up Deel scores $14 million investment led by Andreessen Horowitz |url=https://www.cnbc.com/2020/05/21/remote-work-andreessen-horowitz-leads-14-million-round-in-deel-payroll-start-up.html |access-date=2021-10-17 |website=CNBC |language=en}}</ref><ref name=":6">{{Cite web|title=Deel Raises $156M at $1.2B Valuation to Expand Its Global HR Software Solution {{!}} Built In San Francisco|url=https://www.builtinsf.com/2021/04/22/deel-raises-156m-remote-hiring-unicorn|access-date=2021-10-17|website=www.builtinsf.com|language=en}}</ref> The company provides hiring and payments services for companies hiring international employees and contractors.<ref name=":0" />


== History ==
== History ==
Deel was founded in 2018 by Alex Bouaziz and Shuo Wang, who met while studying at [[MIT]] in 2013.<ref name=":0">{{Cite web|last=Son|first=Hugh|date=2020-05-21|title=Remote work start-up Deel scores $14 million investment led by Andreessen Horowitz|url=https://www.cnbc.com/2020/05/21/remote-work-andreessen-horowitz-leads-14-million-round-in-deel-payroll-start-up.html|access-date=2021-10-17|website=CNBC|language=en}}</ref><ref name=":2">{{Cite web|last=Stoller|first=Kristin|title=Future Of Work—The New HR Frontier: These Tech Startups Are Helping Businesses Adapt To A Remote World|url=https://www.forbes.com/sites/kristinstoller/2021/03/09/future-of-work-the-new-hr-frontier-these-tech-startups-are-helping-businesses-adapt-to-a-remote-world/|access-date=2021-10-18|website=Forbes|language=en}}</ref> The founders had encountered difficulty hiring international workers affordably while [[bootstrapping]] their own businesses.<ref name=":2" /><ref name=":7">{{Cite web|title=Alex Bouaziz: Build a Remote Team Like Deel|url=https://mercury.com/blog/series-tea/alex-bouaziz|access-date=2021-10-18|website=Mercury Blog|language=en}}</ref>{{Self-published inline|date=November 2021|certain=y}} Deel entered the [[Y Combinator]] startup accelerator in 2019.<ref>{{Cite web|title=Deel: Payroll for remote teams.|url=https://www.ycombinator.com/companies/deel|access-date=2021-10-17|website=Y Combinator|language=en}}</ref> Its initial product allowed companies to hire contractors only.<ref>{{Cite web|title=The top 10 startups from Y Combinator W19 Demo Day 1|url=https://social.techcrunch.com/2019/03/19/best-of-y-combinator/|access-date=2021-10-17|website=TechCrunch|date=19 March 2019 |language=en-US}}</ref>
Deel was founded in 2019 by Alex Bouaziz, Shuo Wang, and Ofer Simon.<ref name=":4">{{Cite web |last=Cai |first=Kenrick |title=$12 Billion HR Startup Deel Changed Global Hiring. Now It Wants To Change Regulators’ Minds |url=https://www.forbes.com/sites/kenrickcai/2023/12/04/12-billion-hr-startup-deel-changed-global-hiring-now-it-wants-to-change-regulators-minds/ |access-date=2024-05-07 |website=Forbes |language=en}}</ref> Bouaziz and Wang met while studying at [[MIT]] in 2013.<ref name=":2">{{Cite web|last=Stoller|first=Kristin|title=Future Of Work—The New HR Frontier: These Tech Startups Are Helping Businesses Adapt To A Remote World|url=https://www.forbes.com/sites/kristinstoller/2021/03/09/future-of-work-the-new-hr-frontier-these-tech-startups-are-helping-businesses-adapt-to-a-remote-world/|access-date=2021-10-18|website=Forbes|language=en}}</ref> The founders launched Deel after encountering difficulty hiring international workers for their previous ventures.<ref name=":2" />


In May 2020, venture capital firm [[Andreessen Horowitz]] led a $14 million Series A round.<ref>{{Cite web|date=2020-06-04|title=Meet the startups helping other startups go remote|url=https://www.protocol.com/startups-remote-work-coronavirus-pandemic|access-date=2021-10-17|website=Protocol — The people, power and politics of tech|language=en}}</ref> CNBC reported that the round was conducted entirely using videoconferencing software.<ref name=":0" /> In September 2020 the company then raised an additional $48 million in a Series B led by [[Spark Capital]].<ref name=":3">{{Cite web|title=Deel nabs $30M more for payroll, compliance and other tools to run global workforces|url=https://social.techcrunch.com/2020/09/09/deel-nabs-30m-more-for-payroll-compliance-and-other-tools-to-run-global-workforces/|access-date=2021-10-17|website=TechCrunch|date=9 September 2020 |language=en-US}}</ref> Forbes attributed the growth to the increasing adoption of remote work due to the [[COVID-19 pandemic|coronavirus pandemic]].<ref name=":2" />
Deel launched after entering the [[Y Combinator]] startup accelerator in 2019.<ref>{{Cite web|title=Deel: Payroll for remote teams.|url=https://www.ycombinator.com/companies/deel|access-date=2021-10-17|website=Y Combinator|language=en}}</ref> The company then raised several rounds of funding. In May 2020, venture capital firm [[Andreessen Horowitz]] led a $14 million Series A round.<ref>{{Cite web |date=2020-06-04 |title=Meet the startups helping other startups go remote |url=https://www.protocol.com/startups-remote-work-coronavirus-pandemic |access-date=2021-10-17 |website=Protocol — The people, power and politics of tech |language=en}}</ref> In September 2020, the company raised a $48 million Series B.<ref name=":3" /> In April 2021, Deel raised $156 million in a Series C round, becoming a [[Unicorn (finance)|unicorn]].<ref name=":7">{{Cite web |last=Azevedo |first=Mary Ann |date=2021-04-21 |title=Remote hiring startup Deel raises $156M at a $1.25B valuation after 20x growth in 2020 |url=https://techcrunch.com/2021/04/21/remote-hiring-startup-deel-raises-156m-at-a-1-25b-valuation-after-20x-growth-in-2020/ |access-date=2023-08-04 |website=TechCrunch |language=en-US}}</ref> In October 2021, Deel raised $425 million in a Series D.<ref>{{Cite web |last=Azevedo |first=Mary Ann |date=2021-10-18 |title=With customers like Coinbase and Shopify, remote hiring startup Deel raises $425M at a $5.5B valuation |url=https://techcrunch.com/2021/10/18/with-customers-like-coinbase-and-shopify-remote-hiring-startup-deel-raises-425m-at-a-5-5b-valuation/ |access-date=2023-08-04 |website=TechCrunch |language=en-US}}</ref> They also raised $50 million in May 2022, valuing the company at $12 billion.<ref name=":8">{{Cite web |last=Cai |first=Kenrick |title=HR Company Deel, Now Valued At $12 Billion, Nears $300 Million Of Revenue |url=https://www.forbes.com/sites/kenrickcai/2023/01/23/deel-emerson-collective-funding-12-billion-valuation-300-million-revenue/ |access-date=2023-03-07 |website=Forbes |language=en}}</ref>


In April 2021, Deel raised $156 million in a Series C round, becoming a [[Unicorn (finance)|unicorn]]. The investment was led by Y Combinator's YC Continuity Fund, Andreessen Horowitz, and [[Spark Capital]].<ref name=":4">{{Cite web|title=Remote hiring startup Deel raises $156M at a $1.25B valuation after 20x growth in 2020|url=https://social.techcrunch.com/2021/04/21/remote-hiring-startup-deel-raises-156m-at-a-1-25b-valuation-after-20x-growth-in-2020/|access-date=2021-10-17|website=TechCrunch|date=21 April 2021 |language=en-US}}</ref> The company acquired Zeitgold, a German-based payroll automation provider in August 2021 for an undisclosed amount.<ref name=":1">{{Cite news|last=Kokalitcheva|first=Kia|date=2021-08-03|title=Don't call it "outsourcing": Hiring employees globally is getting easier|work=[[Axios (website)|Axios]]|url=https://www.axios.com/remote-work-deel-seitzgold-9d16e8dc-a250-40ef-a405-1b22d9a03f2d.html|access-date=2021-10-17}}</ref><ref>{{Cite web|date=2021-08-04|title=Done: Deel welcomes new acquisition ZeitGold|url=https://www.geektime.com/israeli-fintech-startup-deel-acquires-zeitgold/|access-date=2021-10-17|website=Geektime|language=en}}</ref> In October 2021, Deel raised $425 million in a Series D round led by [[Coatue Management|Coatue]] at a $5.5 billion valuation.<ref>{{Cite web |title=With customers like Coinbase and Shopify, remote hiring startup Deel raises $425M at a $5.5B valuation |url=https://social.techcrunch.com/2021/10/18/with-customers-like-coinbase-and-shopify-remote-hiring-startup-deel-raises-425m-at-a-5-5b-valuation/ |access-date=2022-07-18 |website=TechCrunch |date=18 October 2021 |language=en-US}}</ref> In May 2022, Deel raised a $50 million round at a $12 billion valuation from investors including [[Emerson Collective]]<ref name=":8">{{Cite web |last=Cai |first=Kenrick |title=HR Company Deel, Now Valued At $12 Billion, Nears $300 Million Of Revenue |url=https://www.forbes.com/sites/kenrickcai/2023/01/23/deel-emerson-collective-funding-12-billion-valuation-300-million-revenue/ |access-date=2023-03-07 |website=Forbes |language=en}}</ref>
As Deel expanded, Forbes reported "a five-person “Navy SEAL” team" went from country to country to quickly incorporate new local business entities.<ref name=":4" /> It also began to make acquisitions. By 2023 it had acquired several companies providing HR platforms such as Zeitgold, Roots, PayGroup, and Capbase.<ref name=":1" /><ref>{{Cite web |date=2021-08-04 |title=Done: Deel welcomes new acquisition ZeitGold |url=https://www.geektime.com/israeli-fintech-startup-deel-acquires-zeitgold/ |access-date=2021-10-17 |website=Geektime |language=en}}</ref><ref>{{Cite web |last=Burroughs |first=Callum |title=Coatue-backed HR startup Deel just made its first acquisition since the New York hedge fund invested in the company at a $5.5 billion valuation |url=https://www.businessinsider.com/deel-hr-startup-makes-first-acquisition-since-coatue-backing-2022-1 |access-date=2023-08-04 |website=Business Insider |language=en-US}}</ref><ref>{{Cite web |date=2022-11-21 |title=HR Company Deel Completes PayGroup Acquisition |url=https://www.businesswire.com/news/home/20221121005278/en/HR-Company-Deel-Completes-PayGroup-Acquisition |access-date=2023-07-30 |website=www.businesswire.com |language=en}}</ref><ref>{{Cite web |last=Azevedo |first=Mary Ann |date=2023-01-11 |title=Deel enters equity management space with acquisition of Capbase |url=https://techcrunch.com/2023/01/11/deel-enters-equity-management-space-with-acquisition-of-capbase/ |access-date=2023-08-01 |website=TechCrunch |language=en-US}}</ref>


In January 2023, it reported having 2,000 employees.<ref name=":8" />
In June 2022 Deel offered to acquire PayGroup, a public Australian payroll company.<ref>{{Cite web |last=Shen |first=Lucinda |date=2022-06-23 |title=Deel goes on the M&A offensive |url=https://www.axios.com/pro/fintech-deals/2022/06/23/deel-goes-on-the-ma-offensive |access-date=2022-07-18 |website=Axios |language=en}}</ref>


In March 2023, former workers claimed they were miscategorized.<ref>{{Cite web |last=Price |first=Jenna Gyimesi, Rob |title=Workers at $12 billion HR startup Deel say they may have been misclassified as independent contractors. Deel says they have not. |url=https://www.businessinsider.com/deel-careers-workers-independent-contractors-startup-says-not-misclassified-2023-3 |access-date=2023-07-30 |website=Business Insider |language=en-US}}</ref><ref>{{Cite web |last=Azevedo |first=Mary Ann |date=2023-07-06 |title=Deel under fire for alleged questionable hiring practices, advice to other companies |url=https://techcrunch.com/2023/07/06/deel-under-fire-for-alleged-questionable-hiring-practices-advice-to-other-companies/ |access-date=2023-07-30 |website=TechCrunch |language=en-US}}</ref> In June 2023, California state senator [[Steve Padilla]] sent a formal request to the California Labor and Workforce Development Agency asking them to investigate the allegations.<ref>{{Cite web |date=2023-07-06 |title=Senator Padilla Urges Investigation into Deel after Company Flaunts Skirting California Worker Protection Laws |url=https://sd18.senate.ca.gov/news/senator-padilla-urges-investigation-deel-after-company-flaunts-skirting-california-worker |access-date=2024-04-11 |website=California State Senator Steve Padilla |language=en}}</ref><ref>{{Cite journal |last=C. Padilla |first=Stephen |date=June 23, 2023 |title=Deel Letter from Senator Stephen C. Padilla to California Labor and Workforce Development Agency |url=https://sd18.senate.ca.gov/sites/sd18.senate.ca.gov/files/pdf/DEEL%20LETTER.pdf |journal=Senate of California}}</ref>
== Products ==
The company offers a central platform for companies to hire employees and independent contractors located remotely.<ref name=":0" /><ref name=":1" /> Deel hires employees through their own local entity on a company's behalf, acting as the [[employer of record]]<ref>{{Cite web|date=2021-02-03|title=HR Tech Startups Could Help Businesses Expand Their Remote Teams And Services|url=https://www.cbinsights.com/research/remote-hiring-startups-gaining-traction/|access-date=2021-10-17|website=CB Insights Research|language=en-US}}</ref> and managing compliance with employment laws in each country.<ref name=":2" /> As of August 2021, it owned 45 entities.<ref name=":1" />


The company processes international payroll, with a range of withdrawal options in multiple currencies, including [[Coinbase]], [[PayPal]], [[Payoneer]], [[Revolut]], and bank transfer.<ref name=":5">{{Cite web|last=Orbach|first=Meir|date=2020-09-10|title=Israeli-American automated payroll platform Deel raises $30 million|url=https://www.calcalistech.com/ctech/articles/0,7340,L-3849117,00.html|access-date=2021-10-18|website=CTECH - www.calcalistech.com}}</ref> It reported that about 2% of its users withdrew funds in cryptocurrency in 2021.<ref>{{Cite news |last=Tanzi |first=Alexandre |date=2022-02-10 |title=Crypto Paychecks Have More Appeal Outside the U.S., Says Hiring Firm |work=[[Bloomberg News]] |url=https://www.bloomberg.com/news/articles/2022-02-10/crypto-paychecks-have-more-appeal-outside-u-s-says-hiring-firm |access-date=2022-07-17}}</ref>
In March 2024, Deel announced its acquisition of Zavvy, a 'people development' startup based in [[Munich]], Germany, as well as PaySpace, an African-based payroll engine.<ref>{{Cite web |last=Lunden |first=Ingrid |date=2024-02-28 |title=Deel, the $12B HR startup, acquires Zavvy to step up consolidation play |url=https://techcrunch.com/2024/02/28/deel-the-12b-hr-startup-acquires-zavvy-to-step-up-consolidation-play/ |access-date=2024-05-08 |website=TechCrunch |language=en-US}}</ref> The company reported it had reached a milestone of $500 million in annual recurring revenue<ref>{{Cite web |last=Kene-Okafor |first=Mary Ann Azevedo and Tage |date=2024-03-05 |title=Deel acquires Africa's PaySpace, says it's crossed $500M in ARR |url=https://techcrunch.com/2024/03/05/deel-acquires-payspace-500m-arr/ |access-date=2024-03-24 |website=TechCrunch |language=en-US}}</ref> and a headcount of 3,000.<ref>{{Cite web |title=Deel Careers |url=https://www.deel.com/careers |access-date=2024-05-07 |website=www.deel.com |language=en}}</ref>


== Products ==
Deel assists with creating contracts that comply with local labor laws using localized templates.<ref name=":3" /><ref name=":5" /> It also helps workers access insurance options for health.<ref name=":0" /><ref name=":3" />
The company offers a platform for companies to hire remote workers.<ref name=":0" /><ref name=":1">{{Cite news |last=Kokalitcheva |first=Kia |date=2021-08-03 |title=Don't call it "outsourcing": Hiring employees globally is getting easier |work=[[Axios (website)|Axios]] |url=https://www.axios.com/remote-work-deel-seitzgold-9d16e8dc-a250-40ef-a405-1b22d9a03f2d.html |access-date=2021-10-17}}</ref> Deel hires employees through their own local entity on a company's behalf, acting as the [[employer of record]]<ref>{{Cite web|date=2021-02-03|title=HR Tech Startups Could Help Businesses Expand Their Remote Teams And Services|url=https://www.cbinsights.com/research/remote-hiring-startups-gaining-traction/|access-date=2021-10-17|website=CB Insights Research|language=en-US}}</ref> and managing compliance with employment laws in each country.<ref name=":2" /> As of August 2021, it owned 45 entities.<ref name=":1" /> As of 2023, Deel operates in more than 150 countries. The company processes international payrolls, allowing withdrawals in different currencies.<ref name=":5">{{Cite web|last=Orbach|first=Meir|date=2020-09-10|title=Israeli-American automated payroll platform Deel raises $30 million|url=https://www.calcalistech.com/ctech/articles/0,7340,L-3849117,00.html|access-date=2021-10-18|website=CTECH - www.calcalistech.com}}</ref>


Deel also assists with creating contracts that comply with local labor laws using templates.<ref name=":3">{{Cite web |date=9 September 2020 |title=Deel nabs $30M more for payroll, compliance and other tools to run global workforces |url=https://techcrunch.com/2020/09/09/deel-nabs-30m-more-for-payroll-compliance-and-other-tools-to-run-global-workforces/ |access-date=2021-10-17 |website=TechCrunch |language=en-US}}</ref><ref name=":5" /> It also helps workers access health insurance<ref name=":0" /><ref name=":3" /> and provides immigration advice about [[Travel visa|visa]] processes to companies with [[digital nomad]]s.<ref>{{Cite web |last=Smith |first=Morgan |date=2023-07-14 |title=Canada just launched a new digital nomad program—here's what you need to know |url=https://www.cnbc.com/2023/07/14/canada-just-launched-a-new-digital-nomad-programwhat-you-need-to-know.html |access-date=2023-08-01 |website=CNBC |language=en}}</ref>
The company partnered with the [[United Arab Emirates]] government to expedite visas for foreign workers.<ref>{{Cite news |last=Levingston |first=Ivan |date=2022-06-29 |title=UAE Partners With Startup Deel to Expedite Foreign Worker Visas |work=[[Bloomberg News]] |url=https://www.bloomberg.com/news/articles/2022-06-30/uae-partners-with-startup-deel-to-expedite-foreign-worker-visas |access-date=2022-07-17}}</ref>


== Operations ==
== See also ==
{{Portal|San Francisco Bay Area|Companies
Deel is headquartered in San Francisco, California. As of January 2023, it reported having 2000 employees.<ref name=":8" /> The company operates completely [[Remote work|remotely]].<ref name=":4" />
}}{{Div col|colwidth=30em|content=* [[Global labor arbitrage]]
* [[Global workforce]]}}


== References ==
== References ==

Latest revision as of 12:23, 21 June 2024

Deel
Company typePrivate
Founded2019; 5 years ago (2019)
Founder
  • Alex Bouaziz (CEO)
  • Shuo Wang (CRO)
  • Dan Westgarth (COO)
HeadquartersSan Francisco
Products Professional employer organization services and payroll services
Revenue$500m [1] (2024)
Number of employees
3,000 [2] (2024)
Websitedeel.com

Deel is an American payroll and compliance provider based in San Francisco, California.[3][4] The company provides hiring and payments services for companies hiring international employees and contractors.[3]

History

[edit]

Deel was founded in 2019 by Alex Bouaziz, Shuo Wang, and Ofer Simon.[5] Bouaziz and Wang met while studying at MIT in 2013.[6] The founders launched Deel after encountering difficulty hiring international workers for their previous ventures.[6]

Deel launched after entering the Y Combinator startup accelerator in 2019.[7] The company then raised several rounds of funding. In May 2020, venture capital firm Andreessen Horowitz led a $14 million Series A round.[8] In September 2020, the company raised a $48 million Series B.[9] In April 2021, Deel raised $156 million in a Series C round, becoming a unicorn.[10] In October 2021, Deel raised $425 million in a Series D.[11] They also raised $50 million in May 2022, valuing the company at $12 billion.[12]

As Deel expanded, Forbes reported "a five-person “Navy SEAL” team" went from country to country to quickly incorporate new local business entities.[5] It also began to make acquisitions. By 2023 it had acquired several companies providing HR platforms such as Zeitgold, Roots, PayGroup, and Capbase.[13][14][15][16][17]

In January 2023, it reported having 2,000 employees.[12]

In March 2023, former workers claimed they were miscategorized.[18][19] In June 2023, California state senator Steve Padilla sent a formal request to the California Labor and Workforce Development Agency asking them to investigate the allegations.[20][21]

In March 2024, Deel announced its acquisition of Zavvy, a 'people development' startup based in Munich, Germany, as well as PaySpace, an African-based payroll engine.[22] The company reported it had reached a milestone of $500 million in annual recurring revenue[23] and a headcount of 3,000.[24]

Products

[edit]

The company offers a platform for companies to hire remote workers.[3][13] Deel hires employees through their own local entity on a company's behalf, acting as the employer of record[25] and managing compliance with employment laws in each country.[6] As of August 2021, it owned 45 entities.[13] As of 2023, Deel operates in more than 150 countries. The company processes international payrolls, allowing withdrawals in different currencies.[26]

Deel also assists with creating contracts that comply with local labor laws using templates.[9][26] It also helps workers access health insurance[3][9] and provides immigration advice about visa processes to companies with digital nomads.[27]

See also

[edit]

References

[edit]
  1. ^ "Deel acquires Africa's PaySpace, says it's crossed $500M in ARR". Techcrunch. 2024-03-05. Retrieved 2024-03-30.
  2. ^ "Deel Careers | Deel".
  3. ^ a b c d Son, Hugh (2020-05-21). "Remote work start-up Deel scores $14 million investment led by Andreessen Horowitz". CNBC. Retrieved 2021-10-17.
  4. ^ "Deel Raises $156M at $1.2B Valuation to Expand Its Global HR Software Solution | Built In San Francisco". www.builtinsf.com. Retrieved 2021-10-17.
  5. ^ a b Cai, Kenrick. "$12 Billion HR Startup Deel Changed Global Hiring. Now It Wants To Change Regulators' Minds". Forbes. Retrieved 2024-05-07.
  6. ^ a b c Stoller, Kristin. "Future Of Work—The New HR Frontier: These Tech Startups Are Helping Businesses Adapt To A Remote World". Forbes. Retrieved 2021-10-18.
  7. ^ "Deel: Payroll for remote teams". Y Combinator. Retrieved 2021-10-17.
  8. ^ "Meet the startups helping other startups go remote". Protocol — The people, power and politics of tech. 2020-06-04. Retrieved 2021-10-17.
  9. ^ a b c "Deel nabs $30M more for payroll, compliance and other tools to run global workforces". TechCrunch. 9 September 2020. Retrieved 2021-10-17.
  10. ^ Azevedo, Mary Ann (2021-04-21). "Remote hiring startup Deel raises $156M at a $1.25B valuation after 20x growth in 2020". TechCrunch. Retrieved 2023-08-04.
  11. ^ Azevedo, Mary Ann (2021-10-18). "With customers like Coinbase and Shopify, remote hiring startup Deel raises $425M at a $5.5B valuation". TechCrunch. Retrieved 2023-08-04.
  12. ^ a b Cai, Kenrick. "HR Company Deel, Now Valued At $12 Billion, Nears $300 Million Of Revenue". Forbes. Retrieved 2023-03-07.
  13. ^ a b c Kokalitcheva, Kia (2021-08-03). "Don't call it "outsourcing": Hiring employees globally is getting easier". Axios. Retrieved 2021-10-17.
  14. ^ "Done: Deel welcomes new acquisition ZeitGold". Geektime. 2021-08-04. Retrieved 2021-10-17.
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