Deel Raises $30 Million in Series B Funding to Break the Confines of Geographically-Concentrated Workforces, Enabling Businesses to Legally Hire Anyone, Anywhere in the World
Sep 09, 2020•almost 5 years ago
Amount Raised
$30 Million
Round Type
series b
Description
Deel, a payroll and compliance platform for international teams, today announced it has raised $30 million in Series B funding, led by Spark Capital. The investment closely follows a $14M Series A round, closed in May, led by Andreessen Horowitz. Deel’s total funding now exceeds $48 million, including seed investment and participation from YC Growth Fund and notable angel investors including Nat Friedman, Ryan Petersen, John Zimmer, William Hockey and Alexis Ohanian.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech