Deel: CEO History

Deel turned cross-border employment into a software product. Before it, hiring a full-time employee in another country typically meant setting up a local subsidiary or working through a patchwork of local agencies. Deel's model lets a company in New York hire an engineer in Brazil or Poland in days: Deel's local entity employs the worker, handles contracts, taxes, and benefits, and bills the client in one currency. The 2020 shift to remote work turned that into one of the fastest-growing software businesses of its era, and Deel has since widened into payroll, HR, immigration, equipment, and security for distributed teams. The company is headquartered in San Francisco, California (Highly Distributed).

Deel sells recurring, per-worker services. When a company wants to hire someone in a country where it has no legal entity, Deel's local entity becomes the Employer of Record: it signs the employment contract, runs payroll, withholds taxes, and provides statutory benefits, while the client directs the work and pays Deel one invoice. Deel's published list prices start at $599 per employee per month for EOR and $49 per contractor per month for contractor management. It also charges per-employee fees for global payroll on clients' own entities, fees for immigration and visa services, and hardware fees through Deel IT, and earns money from currency conversion and worker payout products such as the Deel Card. Its core HRIS is offered free as an acquisition funnel. Deel does not publish a revenue split by product.