Deel
Deel Raises $300M in Series E
Quick Facts
Deel Raises $300M in Series E
Deel has successfully raised $300M in a Series E at a $17.3B valuation led by Ribbit Capital, Coatue, Spark Capital.
Company Overview
Deel is a FinTech company headquartered in San Francisco, CA, founded in 2019 with 2500+ employees.
Global payroll and compliance platform crossing $100M monthly revenue
Fundraising Details
- Amount Raised: $300M
- Round Type: Series E
- Valuation: $17.3B
- Date: 2025-10-16
- Investors: Ribbit Capital, Coatue, Spark Capital
About Deel
Global payroll and compliance platform crossing $100M monthly revenue The company is positioned in the FinTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2019
- Team Size: 2500+
- Industry: FinTech
What This Means
This funding round demonstrates strong investor confidence in Deel's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The FinTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Deel's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $17.3B valuation marks an important milestone for Deel, positioning the company among notable players in the FinTech industry.
Looking Ahead
With this new capital, Deel is well-positioned to execute on its growth strategy and continue building innovative solutions in the FinTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2025-10-16. For more information about Deel, visit their headquarters at San Francisco, CA.
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