Deel

Deel was founded in 2019 by Alex Bouaziz and Shuo Wang. The company is headquartered in San Francisco. It has remained private and was valued at $12 billion as of a 2022 funding round. Deel built a platform for global payroll and international contractor and employee hiring, allowing companies to hire workers in countries where they have no legal entity by acting as an Employer of Record (EOR).

Deel's primary product is a global HR and payroll platform. It addresses the legal and administrative complexity of employing people across different countries — handling local compliance, contracts, tax filings, and payment in local currencies. The main buyers are HR, finance, and legal teams at companies scaling internationally, ranging from startups to large enterprises. Deel sells primarily through a sales-led motion, with pricing tied to the number of workers managed on the platform. The EOR service charges a per-worker monthly fee, and the contractor management product operates on a separate pricing tier.