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Venture Capital

Deel Surpasses $1.5B ARR With 15th Acquisition, Embedding Clarity’s Deepfake Defense Across Global Hiring

Deel has acquired AI cybersecurity company Clarity in its 15th acquisition after surpassing $1.5B in ARR. Clarity’s deepfake detection and identity verification will connect candidate screening, onboarding, device provisioning, and workforc

Aug 3, 2026
Company News

Deel Launches The Pitch, a $15M Global Tournament to Find the Next Generation of Borderless Founders

Deel launches The Pitch, a $15M global startup tournament. 20,000+ seed-stage startups, 7 regional finals, 100 winners get $50K each, and 10 global champions receive $1M. Backed by J.P. Morgan, a16z, Stripe. Final in May 2026. A merit-based

Feb 5, 2026
Venture Capital

Vestwell Completes Accrue 401k Acquisition, Expanding Platform Capabilities

Vestwell completed its acquisition of Accrue 401k. Starting Jan 30, 2026, nearly 30,000 plans and ~350,000 savers will transition to its payroll-integrated savings platform. Plans connected to QuickBooks, Rippling, Paylocity, Deel, Square,

Feb 3, 2026
Product News

Deel Launches Deel Works Editorial Hub, Reveals North America's PTO Problem

Deel has launched Deel Works , a new editorial hub focused on the future of work, alongside its first major data-driven study examining global paid time off (PTO) usage. Led by newly appointed Economist Lauren Thomas, formerly of Stripe and

Dec 15, 2025
Venture Capital

Vestwell to Acquire Accrue 401k, Becoming the Platform for Nearly 30,000 Guideline Plans

Vestwell announced an agreement to acquire Accrue 401k, the entity formed to support the nearly 30,000 Guideline retirement plans excluded from Gusto’s acquisition of Guideline. Once finalized, approximately 350,000 savers across small and

Dec 9, 2025
Company News

Deel Appoints Joe Kauffman as President & Chief Financial Officer

NEW YORK-- Deel , the leading global payroll and HR platform, today announced the appointment of Joe Kauffman as President and Chief Financial Officer. Kauffman joins Deel following more than a decade of leadership at Credit Karma, where he

Nov 3, 2025
Venture Capital

Deel Raises $300M Series E, Valued at $17.3B, Eyes Expansion into 100+ Countries

In October 2025, Deel secured a landmark $300 million Series E funding , led by Ribbit Capital alongside existing backers such as Andreessen Horowitz and Coatue, lifting its valuation to $17.3 billion . This round comes amid a period of str

Oct 16, 2025
Venture Capital

YC-Backed Central Secures $8.6M to Automate Payroll & HR for Startups

Central , a Y Combinator-backed startup, has raised $8.6 million in seed funding led by First Round Capital to build the first AI-native back-office platform for startups. Unlike traditional HR and finance tools, Central integrates directly

Aug 27, 2025
Product News

Deel Launches AI Workforce with 7 Specialized Agents to Transform HR and Payroll

Deel has launched its AI Workforce , a new platform feature designed to help global HR and payroll teams manage administrative workloads through AI-powered agents. With seven specialized AI agents for functions like hiring, payroll, complia

Aug 18, 2025
Company News

“The Spy in the Slack Channel”: Inside the Silicon Valley Espionage Scandal Between Rippling and Deel

In a plot that feels more like the screenplay of a corporate thriller than a courtroom reality, two of Silicon Valley’s most celebrated HR tech unicorns—Rippling and Deel—are now locked in a high-stakes legal war involving secret communicat

Apr 4, 2025
Company News

HR Tech Espionage Scandal: Rippling Sues Deel Over Alleged Trade-Secret Theft and Corporate Spying

A lawsuit filed by Rippling accuses Deel, a $12 billion HR tech unicorn, of orchestrating corporate espionage and trade-secret theft. The complaint alleges that Deel cultivated a Rippling employee as a corporate spy, who conducted thousands

Mar 18, 2025
Venture Capital

Deel acquires Safeguard Global’s payroll division

Deel has acquired Safeguard Global’s payroll division, strengthening its global payroll capabilities by integrating Safeguard’s enterprise expertise with Deel’s tech-driven HR infrastructure. This acquisition enhances Deel’s ability to mana

Mar 11, 2025
Venture Capital

India’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.

Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboardi

Mar 5, 2025
Venture Capital

Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate

Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a se

Feb 4, 2025
Venture Capital

Deel Acquires Assemble: A New Era in Global Compensation Management

Deel’s acquisition of Assemble marks a significant advancement in global workforce management. By integrating Assemble’s robust compensation management tools into Deel’s platform, businesses can now access a seamless, data-driven solution f

Dec 19, 2024
Venture Capital

NYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments

Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man

Aug 23, 2024
HotNews

National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued

The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA

Aug 9, 2024
News

Deel is acquiring Hofy

Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th

Jul 18, 2024
Product News

Borderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR

Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,

Jun 14, 2024
Venture Capital

Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments

Alviere , an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contracto

May 28, 2024
Venture Capital

Deel Is Acquiring Payroll Company PaySpace

Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along

Mar 5, 2024
Venture Capital

Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy

Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De

Feb 28, 2024
Company News

Deel's Dynamic Rebrand: Charting New Horizons in Global HR Solutions

In the dynamic world of global HR solutions, Deel stands out not only for its rapid expansion but also for its commitment to evolving alongside the changing needs of businesses worldwide. As it approaches its fifth anniversary, Deel has unv

Feb 26, 2024
Company News

Setting the Record Straight: Deel Responds to Inaccurate Claims

Deel , a global HR admin platform, has recently found itself at the center of several inaccurate claims made against the company. In a statement released on their blog, Deel addresses these allegations, aiming to clear up any misunderstandi

Aug 14, 2023
HR Technology

Y Combinator's Revenue Leaders: A Deep Dive into the HR Tech Landscape

The article explores the future trends and opportunities in the HR Tech domain based on the performance of HR Tech companies in Y Combinator's list of top companies by revenue. Key players such as Checkr, Deel, Gusto, and Rippling are discu

Jun 27, 2023
Company News

Deel and Zapier Partner to Make Global HR Admin Work Easier

MARCH 30, 2023/-- Deel  is a privately-held payroll and compliance provider based in San Francisco, California. The company provides hiring and payments services for companies hiring international employees and contractors. Over the past fe

Mar 29, 2023
Venture Capital

Deel Acquires Capbase to Enter Equity Management

Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies exclusively announced to TechCrunch. As its name suggests, San Francisco-based Capbase claims it can update a company

Jan 11, 2023
Company News

Deel announced the creation of the Deel Global Jobs Lab

According to the Deel blog, Deel announced the creation of a new research and policy arm of Deel, the Deel Lab for Global Employment. The lab will bring experts and data together to enhance the discussion around global employment policy. Pl

Dec 21, 2022
Venture Capital

HR Company Deel Completes PayGroup Acquisition

Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company  PayGroup Limited . PayGroup is now part of Deel , a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange. In

Nov 23, 2022
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