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Deel, Inc.

Global PayrollFounded 2019
Reviewed by Swet Parvadiya
Company data updated: October 2026

Financial Performance

Deel Revenue & Financials

Revenue

$1.5B (FY2026, annualized run-rate)

Employees

9,600

What is Deel's revenue?

Deel's latest revenue figure is $1.5B (2026). This is an annualized run-rate, not audited fiscal-year revenue.

Latest revenue
$1.5B (FY2026, annualized run-rate)
Years of data
5
Employees
9,600
How many employees does Deel have?
Deel has about 9,600 employees.

Financial Analysis

Deel is private and does not publish audited financials, but it discloses ARR milestones. ARR rose from about $57 million at the end of 2021 to $295 million at the end of 2022 (TechCrunch), $800 million by December 2024, more than $1 billion by June 2025, and more than $1.5 billion in the first half of 2026. Deel says it recorded its first $100 million revenue month in September 2025 and describes itself as profitable, without disclosing margins. Funding includes a $425 million Series D at $5.5 billion (October 2021), a $12 billion valuation in May 2022, a $12.6 billion secondary sale in early 2025, and a $300 million Series E at $17.3 billion (October 2025) led by Ribbit Capital with Andreessen Horowitz and Coatue. In November 2025 it hired former Intuit executive Joe Kauffman as CFO, a move widely read as IPO preparation.

Revenue Trend Analysis

Trend

Not enough comparable years

Deel, Inc. has no full fiscal year of revenue on this page, plus 5 other figures (annualized run-rate, partial-period or estimated) that are not ranked or trended with them. There are not enough consecutive, comparable fiscal years to measure a trend.

Reported Revenue Figures

Fiscal YearRevenueYoY ChangeSource
FY2026annualized run-rate$1.5B—Deel, via Calcalist

ARR above $1.5 billion in the first half of 2026, announced August 2026.

FY2025annualized run-rate$1B—Deel via Business Wire

Annual revenue run rate above $1 billion, June 2025.

FY2024annualized run-rate$800M—Deel

Revenue run rate of $800 million as of December 2024, up 70% year over year, per Deel.

FY2022annualized run-rate$295M—Deel CEO Alex Bouaziz, via TechCrunch

Annual recurring revenue at the end of 2022.

FY2021annualized run-rate$57M—Deel CEO Alex Bouaziz, via TechCrunch

Annual recurring revenue at the end of 2021.

Click any row to see year details.

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Deel Revenue and Financial FAQ

What is Deel's ARR in 2026?

Deel said it passed $1.5 billion in annual recurring revenue in the first half of 2026.

What is Deel's valuation?

Deel was valued at $17.3 billion in its October 2025 Series E, a $300 million round led by Ribbit Capital with Andreessen Horowitz and Coatue.

Is Deel profitable?

Deel describes itself as profitable and said it had its first $100 million revenue month in September 2025, but it does not publish profit figures.

How much has Deel raised?

Deel has raised roughly $1 billion in primary funding, including a $425 million Series D in 2021 and a $300 million Series E in 2025, plus secondary sales for employees and early investors.

How much payroll does Deel process?

Deel says it processes about $22 billion in payroll annually for more than 1.5 million workers.

When will Deel IPO?

No date has been announced. Deel hired former Intuit executive Joe Kauffman as CFO in November 2025, which press reports tied to IPO preparation.

How much is Deel worth?

Deel is considered one of the fastest-growing SaaS companies in history. By 2024, they reached over $500 million in Annual Recurring Revenue (ARR) and achieved a massive private valuation of $12 billion, heavily backed by Andreessen Horowitz.

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Deel Revenue & Financials." CorpDigest, https://corpdigest.com/company/deel/financials.
Embed this data
<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Deel reported $1.5B as its latest revenue figure (2026, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/deel/financials" target="_blank" rel="noopener">CorpDigest — Deel financials</a></div>

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.