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Deel Reaches $17.3 Billion Valuation After $300 Million Funding Round
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Global HR-tech firm Deel secured US$300 million at a US$17.
HR-tech platform Deel raised US$300 million in fresh capital at a US$17.3 billion valuation, led by Andreessen Horowitz and Ribbit Capital. The company’s annual recurring revenue has exceeded US$1 billion, underscoring accelerating enterprise adoption for cross-border payroll and compliance automation. Deel plans to expand its product suite across APAC and EMEA, targeting mid-market clients seeking unified contractor management. Industry analysts view the raise as validation of enterprise SaaS resilience amid funding pullbacks in consumer-tech and fintech segments.