Deel: New Anchor Investors And Financial Milestone Announced
Summary
These investments signal Deel’s momentum and the long-term vision investors see in the company. The company also revealed that it has achieved a run rate of $800 million as of December 2024, which has grown 70% year-over-year. Since its graduation from Y Combinator in 2019, Deel evolved from a two-product hiring solution to a comprehensive suite of products that radically simplifies global workforce management. “We are proud to deepen our investment in Deel, a transformative platform that empowers global workforce enablement and drives economic growth around the world. Deel’s focus on enabling large enterprises to navigate the complexities of a global workforce fits well with our mission to back bold ideas that create enduring value.” – Jeannette zu Fürstenberg, Managing Director of General Catalyst and Founding Partner of La Famiglia “2024 was a remarkable year in terms of business and infrastructure growth, plus product innovation.