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Deel

14 stories about Deel

Deel acquires Hofy for over $100 million, completes third purchase in five months

18.07.24|Sophie Shulman

The current acquisition is part of Deel's strategic plan for 2024 to grow its workforce by more than 1,000 employees. Today, the company has over 4,000 employees in more than 100 countries, including 150 in Israel.

Deel acquiring PaySpace for $100 million, ARR already over $500 million

05.03.24|Meir Orbach

In under five years, the company has grown to 3,000 team members in more than 100 countries. Deel noted it has been EBITDA positive and generating cash for a year and a half

HR unicorn Deel acquires people development platform Zavvy for around $20 million

28.02.24|CTech

The German startup’s embedded AI technology makes suggestions for managers to assess team performance and create personalized career development plans

Deel facilitated over $72M in payments in less than a year for trading platform accused of operating Ponzi scheme

08.09.23|Meir Orbach

According to The Information, a CFTC investigation into MyForexFunds details how Deel transferred the sum from November 1, 2021 to October 14, 2022 across more than 40,000 transactions

The real Deel? HR startup provided payouts for problematic prop trading firms - Report

06.09.23|Meir Orbach

According to The Information, Deel was used as a conduit for financial payments by prop trading companies. “Our invoicing platform is only available to businesses operating within our approved industries and geographies, and who pass our extensive customer checks,” Deel said in response

Deel denies senator allegations of violating California labor laws, claims they are “completely made up”

09.07.23|Meir Orbach

Senator Steve Padilla, a Democrat from San Diego, blamed the remote HR startup of advising its clients, including major California companies, to misclassify their employees and evade taxes, as well as avoid providing employee benefits

Remote HR startup Deel hits $295 million in ARR, $12 billion valuation

23.01.23|CTech

The company said its ARR in 2022 was up more than 400% from the end of 2021 and confirmed it has been EBITDA positive since September 2022

Global talent strategy to be part of every company, says Deel CEO

01.02.22|CTech

Deel, which has developed a global payroll and compliance system, raised $425 million at a $5.5 billion valuation last October

פורום היוניקורנס מימין בועז דינטי שאול מרידור ד"ר גיא נבון אהרון מנקובסקי ו פיליפ בואזיז

“Companies with a real product are the ones we will see in the long-term"

12.12.21|Tomer Hadar

Said Shaul Meridor, CFO of Lightricks, at a panel with Philippe Bouaziz, Deel CFO, Aaron Mankovski of Pitango, Qumra’s Boaz Dinte, and Dr. Guy Navon, Director of Discount Tech Capital during the Calcalist and Discount Tech Unicorn Forum

Deel valuation surges fourfold in six months to $5.5 billion, raises another $425 million

18.10.21|Meir Orbach

The company, co-founded by Israeli Alex Bouaziz, offers payroll, HR, compliance, perks, benefits, and other capabilities needed to hire and manage a global team

Deel appoints Salesforce’s Olivier Elbaz to lead international expansion

06.05.21|James Spiro

The Salesforce executive will help the company navigate expansion and tackle new markets overseas

Deel raises $156 million, including from Uber CEO

21.04.21|Meir Orbach

"We will be a $100 billion company. No one at the company wants to sell their shares," said Israeli co-founder Alex Bouaziz

It’s a Deel: new card available for international teams and remote contractors

17.03.21|James Spiro

Deel Card gives remote workers a way to access and spend their funds with digital and virtual debit cards

Israeli-American automated payroll platform Deel raises $30 million

10.09.20|Meir Orbach

“We’re challenging the notion that companies need to hire within their vicinity,” says CEO