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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 of unauthorized searches to extract sensitive business inte
Mar 18, 2025
Deel
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 manage large-scale payroll projects, deepens its partner
Mar 11, 2025
Deel
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, onboarding, and employee administration, has now secured approximate
Mar 5, 2025
Deel
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 secondary market transaction, reflecting strong investor confi
Feb 4, 2025
Deel
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 for managing pay equity, transparency, and compliance.
Dec 19, 2024
Deel
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 management for businesses with international teams. The platform
Aug 23, 2024
Deel
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 NAD found that some claims, such as Deel’s cost savings and
Aug 9, 2024
Deel
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. This strategic move aims to integrate Hofy's services into Deel
Jul 18, 2024
Deel
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, providing innovative solutions to Canadian startups and beyon
Jun 14, 2024
Deel
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 contractors in the U.S. with faster, more flexible payouts and a walle
May 28, 2024
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