Deel News | Oct 11, 2024
Deel has developed its own AI tool, Deel AI, to enhance internal processes and provide accurate, up-to-date information for global HR and payroll management...
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Deel
🌎 deel.comDeel is the all-in-one Global People Platform that simplifies and streamlines every aspect of managing an international workforce—from culture and onboarding to local payroll and compliance. It serves over 25,000+ companies worldwide, providing tools for hiring, payroll, and HR management for teams regardless of their location or employment status.
Deel News & Insights as of Oct 11, 2024
- Deel has developed its own AI tool, Deel AI, to enhance internal processes and provide accurate, up-to-date information for global HR and payroll management.
- Deel acquired African payroll and HR software company PaySpace for $100 million, adding over 14,000 customers including Heineken, and boosting its annual recurring revenue to $500 million.
- Deel, valued at US$12 billion, has fueled its international growth through acquisitions, including the purchase of Melbourne-based PayGroup, and recently added Todd Ford and Francis deSouza to its board of directors.
- Deel announced an Advisory Board on the Future of Work.
- Deel raised $50M in 2023, doubling its valuation to $12B.
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