Deel, Inc. Among HCM Top 500

650 2nd St

San Francisco, CA, 94107, United States

1 415-915-9803

https://www.deel.com/

176

Deel, Inc. Strengths, Domain Expertise, and Key Differentiators

Deel is global payroll and compliant hiring built for remote teams. That means anyone, anywhere can get hired and paid with Deel. Using a tech-enabled self-serve process, companies can instantly hire full-time employees or independent contractors across the world legally, in minutes. With Deel, companies can take care of payroll and create localized legal contracts in over 150 countries. Teams even get the freedom to choose how they withdraw their funds.

Deel, Inc. Recent Developments

In June 2022, Deel launched a fully managed Global Payroll product for companies that hire employees using their entities and want to combine multiple regional payroll systems into one effortless, global platform. With Global Payroll added to their suite of products, companies can bring their entire workforce onto Deel. Finally, Contractor Payments, EOR services, and Payroll Management are all in one place.

Deel, Inc. Mergers and acquisitions (M&A) Activities

In August 2021, Deel, a software provider in the global payroll and compliance space, announced that it had joined forces with Zeitgold fueling international growth and enhancing the depth and breadth of its product offerings. The acquisition marked a significant milestone for Deel as the company continued to scale, adding thousands of customers as working and hiring practices continued to transform rapidly. Deel has added a full line of products through this acquisition improving their customer experience further and providing them with the right solutions to scale internationally.

Deel, Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Deel, Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Deel, Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Deel Platform customers.

Deel, Inc. Key Cloud and HCM Applications

Deel Platform

Deel, Inc. HCM and Cloud HCM Applications Revenues, $M:

Type/Year20202021YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
HCM Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud HCM Applications Revenues, $M Subscribe Subscribe Subscribe

* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Deel, Inc. Revenue Breakdown by Type:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Deel, Inc. Total and HCM Applications Revenues by Region:

Region% of Total Revenues2021 Total Revenues, $M2021 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Deel, Inc. Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Deel, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Deel, Inc. Customers


No. of Deel, Inc. Customers: 8000+

No. of Deel, Inc. HCM Applications Customers: x

No. of Deel, Inc. Cloud HCM Customers: x

No. of Deel, Inc. Cloud HCM Subscribers: x


Deel serves over 8,000 customers in over 150 countries, from SMBs to publicly traded companies including Coinbase, Intercom, Shopify, Dropbox, Mercury, Airtable, Spendesk, Andela, and many more.

Deel, Inc. Market Opportunities, M&A and Geo Expansions

In October 2021, Deel, the remote hiring company, announced that it has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. Deel has become the highest valued company in the global hiring, payments, and compliance space with this investment. “The future is bright for Deel, but even brighter for the international teams they’re helping unlock across the globe.”

This new funding round was led by US-based Coatue, with partners Rahul Kishore and Lucas Swisher leading the deal. Several new and existing investors also participated in this round, including Altimeter Capital, Andreessen Horowitz, the YC Continuity Fund, Spark Capital, Greenbay Ventures, Neo, and over 40 of the world’s leading operators.

Deel, Inc. Risks and Challenges

In February 2021, the Remote worker platform Deel has begun accepting cryptocurrency payroll payments from companies, which it then offers to workers wherever in the world they live. Co-founder and CEO Alex Bouaziz, 28, said Deel is accepting payments in USD coins from its corporate clients, which include e-commerce specialist Shopify, through its integration with Coinbase, a digital currency exchange listed on Nasdaq. The cryptocurrency market is still widely unaccepted and unregulated throughout the world so this move might result in some unsatisfied customers.

Deel, Inc. Ecosystem, Partners, Resellers and SI

In December 2021, Recruiter.com, a recruiting solutions platform, announced its recent partnership with Deel, a platform that streamlines worldwide compliance and payments for international teams. Deel ensures their clients' compliance at their fingertips by offering automated invoicing, one-click payments, and document collection. The platform allows businesses to hire and pay global teams without limits and promises uncomplicated hiring for remote teams.

Deel, Inc. Cloud Platform (PaaS) and Infrastructure (IaaS) Details

Subscribe to read more about:

  • Deel, Inc. Public Cloud and Infrastructure (IaaS)
  • Deel, Inc. Platform (PaaS)
  • Deel, Inc. Application Delivery
  • Deel, Inc. Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

https://www.appsruntheworld.com/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ

Copyright © 2022, APPS RUN THE WORLD