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 served as CFO, President, and CEO. As part of this tra

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 strong financial performance: Deel has reported over $1 billion i

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 into Slack to automate payroll, benefits, compliance, accoun

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, compliance, time-off requests, and offboarding, Deel aims to reduce

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 communications, crypto payments, deleted devices, and an ex-em

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

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

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

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

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.