Deel ARR ๐ต๐ถ๐๐ $๐ด๐ฌ๐ฌ๐ ๐ถ๐ป ๐ท๐๐๐ ๐ฑ ๐๐ฒ๐ฎ๐ฟ๐
Feb 4, 2025
Deel is a global payroll and human resources platform designed to simplify the management of international workforces.
It offers a comprehensive suite of services that includes: Global Payroll: Deel allows companies to pay employees and contractors in over 150 currencies, ensuring compliance with local laws and regulations. Hiring Solutions: The platform provides tools for hiring remote talent globally, including contract management and onboarding processes. Compliance Management: Deel helps businesses navigate the complexities of international labor laws, ensuring that they remain compliant with local regulations.
As of December 2024, Deel achieved a run rate of $800 million, reflecting a 70% year-over-year growth, and has been profitable for over two years.