Deel Raises $300 Million Series E at $17.3 Billion Valuation, Eyes 100 Million Workers Globally

Deel raised $300 million in Series E funding led by Ribbit Capital, Andreessen Horowitz, and Coatue, reaching a $17.3 billion valuation. The HR platform exceeded $1 billion ARR and $100 million monthly revenue while maintaining three years of profitability. Processing $22 billion annually for 35,000+ customers across 150+ countries, Deel will invest in AI-powered payroll and global expansion, targeting 100 million workers by 2029.