Deel is an amazing HR tool that focuses on global payroll and compliance systems.
In 2021 Deel had $50 million in ARR
In 2022 Deel has just announced they had $295 million in ARR (annual recurring revenue).
This also coincides with Deel announcing that they are now at a $12 billion valuation.
In this past 12 months Deel has announced the launch of Deel HR, US Payroll, and Deel Engage, applications for hiring, managing and paying global workers compliantly.
Deel is going to be a company to watch in the HR space for many years to come and if they are going to be acquired they really need be acquired within the next 24 months – otherwise they are going to be too big!