Deel Raises $300M Series E at $17.3B Valuation

Deal Summary

Deel, a New York City-based global HR and payroll SaaS platform, raised $300M in a Series E round at a $17.3 billion valuation. Lead/new backers include Ribbit Capital with participation from Andreessen Horowitz, Coatue Management, General Catalyst, Green Bay Ventures and others; proceeds will accelerate strategic growth.