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HISTORICAL P100 / #21

Deel

HR & Global Payroll · United States

Historical ranking valuation$17.3BSource snapshot: Jun 19, 2026
Financing events10
Named participants22
Captables stories1

Disclosed primary funding in this record

$925M

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

5 confirmed primary rounds with disclosed USD amounts · Record through 2026-09-28
THE BUSINESS

Get to know Deel.

Deel provides a global payroll and HR platform for hiring, managing, paying and equipping workers. Its own overview describes payroll, HR, benefits, mobility, performance and device management products for international teams.

Deel company press overview ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

$17.3BSeries E · ConfirmedSource ↗
$12B2022 financing (series unconfirmed) · ReportedSource ↗
$5.5BSeries D · ConfirmedSource ↗
$1.25BSeries C · ConfirmedSource ↗
$12M (basis unspecified)Seed · ReportedSource ↗
$2.1M (basis unspecified)Pre-Seed · ReportedSource ↗

Funding history

Funding rounds, debt and other financing events.

9sourced events · record as of 2026-09-28

Issuer/investor sources substantiate 2020 Series A/B, 2021 Series C/D and October 2025 Series E. The 2022 $50M observation is an Axios scoop whose company/investor spokespeople declined comment, not issuer-confirmed. Deel's February2025 account describes close to $300M in existing-holder purchases, not issuer proceeds. The April2024 Signature Block retrospective, published by investing Weekend Fund, reports 2019 $3.85M seed and $150K pre-seed amounts; only year precision and expressly named round participants are used. Its valuations have unspecified basis and are not independently issuer-confirmed. Neither the April2024 publication nor imported March/April2019 days is a verified financing date. FundBat's August2026 $200M Series F claim remains uncorroborated with amount/syndicate/article link withheld. This is not a complete legal financing register.

Oct 20, 2025LATEST SOURCED
primary

Series E

Ribbit Capital (lead) · Andreessen Horowitz (lead) · Coatue Management (lead)

October 20 is the issuer announcement date, not an independently verified legal close date. The issuer calls all three named firms co-leads.

Amount$300MValuation$17.3B
Feb 4, 202508
secondary

Early-investor secondary purchases

General Catalyst

Deel names General Catalyst and an unnamed sovereign investor as buyers of close to $300M in existing early-investor shares. February 4 is the contemporaneous public report date; the issuer page currently displays an April 30 update date. Neither date proves the legal settlement date or individual allocation.

AmountClose to $300MValuationUndisclosed
May 11, 202207
primary

2022 financing (series unconfirmed)

Emerson Collective

Axios reported $50M at a $12B valuation, naming Emerson Collective as a new investor; Deel and Emerson spokespeople declined comment. It did not establish a Series D extension label, a lead investor or legal closing day.

Amount$50MValuation$12B
Oct 18, 202106
primary

Series D

Coatue Management (lead) · Altimeter Capital · Andreessen Horowitz · Neo · Spark Capital · YC Continuity Fund · Green Bay Ventures

October 18, 2021 announcement is independently dated by Coatue's counsel; Deel's current blog CMS displays a later last-update date, not the original financing date.

Amount$425MValuation$5.5B
Sep 9, 202004
primary

Series B

Spark Capital (lead) · Alexis Ohanian

The issuer account confirms $30M and Spark Capital as lead but its CMS last-update date is in 2026. September 9, 2020 is the contemporaneous announcement date, not a legal close day; the imported $220M valuation and pooled participants are unsubstantiated here.

Amount$30MValuationUndisclosed
May 21, 202003
primary

Series A

Andreessen Horowitz (lead)

Deel confirms the $14M amount and a16z lead; a16z's May 21, 2020 announcement establishes this public date, not the legal close. The imported $60M valuation and pooled other investors are unverified.

Amount$14MValuationUndisclosed
201902
primary

Seed

Weekend Fund · Soma Capital · Quiet Capital · Elad Gil · Avichal Garg

The April26,2024 investor-published retrospective reports $3.85M in 2019, not the rounded database $4M, and names five of 17 investors. It does not name a lead or identify the remaining subscribers, allocation or exact closing day. January1 is a year-only sorting anchor, not an issuer-confirmed financing day. The stated $12M valuation does not specify pre/post-money basis, class or legal pricing. General pooled backers and quoted firm representatives are not assumed to participate in this seed round; current holdings are unknown.

Amount$3.85MValuation$12M (basis unspecified)
201901
primary

Pre-Seed

Y Combinator

The April26,2024 retrospective reports a 2019 YC pre-seed investment of $150K at a stated $2.1M valuation, with pricing basis unspecified. January1 is a year-only sorting anchor, not an issuer-confirmed financing day. https://www.ycombinator.com/companies/deel independently establishes Winter2019 participation but does not independently verify this issuer's investment amount, exact date, instrument, ownership percentage or valuation. The amount is attributed reporting, not a legal closing record or a calculation from accelerator-wide standard terms.

Amount$150KValuation$2.1M (basis unspecified)
Unverified database leads (1)

These database claims have not been independently verified and are excluded from the sourced-event count.

Aug 7, 2026UNVERIFIED
primary

Series F

Investor participation not independently verified

The cited weekly post claims a Series F, but FundBat's current Deel company page omits it and reviewed issuer/investor announcements do not corroborate it. This is not a verified raise or a confirmed lead-investor record.

AmountUnverified (database claims $200M)ValuationUndisclosed

Financing participants

Investors, lenders and other parties named in funding announcements.

Ribbit Capital

Series E · Oct 20, 2025 · Lead participant · primary · Confirmed · Confirmed source ↗

Coatue Management

Series E · Oct 20, 2025 · Lead participant · primary · Confirmed · Confirmed source ↗

Series D · Oct 18, 2021 · Lead participant · primary · Confirmed · Confirmed source ↗

General Catalyst

Early-investor secondary purchases · Feb 4, 2025 · Participant · secondary · Confirmed · Confirmed source ↗

Emerson Collective

2022 financing (series unconfirmed) · May 11, 2022 · Participant · primary · Reported · Reported source ↗

Altimeter Capital

Series D · Oct 18, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Green Bay Ventures

Series D · Oct 18, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Dara Khosrowshahi

Series C · Apr 21, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Jeffrey Katzenberg

Series C · Apr 21, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Anthony Schiller

Series C · Apr 21, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Alexis Ohanian

Series B · Sep 9, 2020 · Participant · primary · Confirmed · Confirmed source ↗

Ownership evidence

Opening ownership research…

Captables coverage

Deals / Captables

Deel's latest round: $200M Series F

Deel's latest public financing record lists $200M in its Series F dated August 7, 2026. Captables places the event in the company's disclosed funding history.

Captables Newsroom · 58d ago