Deel Secures $300 Million in Series E Funding

HR and Payroll Platform Deel Secures USD 300 Mn in Series E Funding Boosting Valuation to USD 17.3 Bn

The new funding will support Deel's strategic acquisitions, product expansion, and the development of native payroll systems in more than 100 countries by 2029.

Deel Secures $300 Million in Series E Funding

NEW YORK--(BUSINESS WIRE)--Oct 16, 2025-

Payroll giant Deel bags $300m at $17.3bn valuation

Deel, a leading global HR and payroll platform serving more than 37,000 businesses worldwide, has raised $300m in a Series E funding round. The investment was led by new backer Ribbit Capital, with continued support from Andreessen Horowitz, Coatue Management, General Catalyst, and Green Bay Ventures, among others. The round brings Deel’s valuation to $17.3bn. Founded in 2019, Deel provides a unified platform that allows companies to hire, onboa…

Employer News:Deel Secures $300 Million in Series E Funding

Valued at $17.3 billion and generating over $1 billion in annual recurring revenue, Deel will use the investment to advance its mission to simplify global work.  LONDON – October 16, 2025 – Deel, the leading global HR and payroll platform, today announced a $300 million strategic investment from new investor Ribbit Capital along with long-time […] The post Deel Secures $300 Million in Series E Funding appeared first on Employer News.

Deel gets $300 Million in series E funding

Deel, the global human resources and payroll platform, has bagged funds worth $300 million in series E funding

Deel Secures $300 Million for Global Expansion of HR and Payroll Platform

Deel secured $300 million in a Series E funding round to expand the capabilities and reach of its human resources and payroll platform.