Deel 2022 ARR (Annual Recurring Revenue) Reaches $295 million

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!

Is Rippling Available in the UK and Other Countries Outside the USA?

Rippling has one of the best HR based platforms in the world. Its built from the ground up to help companies look after their employees at all stages.

However, it’s only available in the USA!

I run a company in the UK – and I really wish Rippling was available here. I understand there are a lot of complexities around compliance when you are talking about Payroll and HR globally, but it seems like no one has been able to sort that out on a global basis for all employees as of yet.