Overview

• The Series E round includes new investor Ribbit Capital alongside returning backers Andreessen Horowitz and Coatue with support from General Catalyst and Green Bay Ventures.
• Deel reports serving more than 37,000 businesses and 1.5 million workers across 150+ countries, processing about $22 billion in payroll annually and running in-house payroll teams in over 70 countries.
• Recent milestones cited in filings and third‑party research include surpassing $1 billion in ARR, three consecutive profitable years, and the first $100 million revenue month in September 2025.
• The platform offers AI-enabled capabilities such as real-time gross-to-net payroll calculation, automated tax and compliance updates, multi-currency mass payments, and a global on-demand pay option.
• Deel plans to invest the new capital in AI development, strategic acquisitions, and building owned systems to extend its native payroll footprint.