US · Fintech / Spend Management

DeelGrowth

Payroll and hiring for companies with staff in more than one country. It handles employing people where the customer has no legal entity, contractor payments, and the tax and compliance work that comes with both. It says it moves about $22bn of payroll a year for 35,000 customers across 150 countries.

$17.3B
high confidence · The October 2025 Series E, at a $17.3bn post-money, announced by Deel itself and reported the same day by TechCrunch, Businesswire and others. Corroborated by an SEC-filed mark: Powerlaw Corp's N-PORT carries 385,439 shares of Deel Series E Preferred at $14,999,975 and 256,959 of Series A-3 Preferred at $9,999,971 -- both exactly $38.92 a share. A fund marking two different preferred classes at one price is applying a single fair value per share, and that it sits at neither a discount nor a premium suggests it is carrying the round price. No share count is public, so the company-level figure is the round's own post-money rather than arithmetic from the per-share mark.
$17.3B
Last round · 2025-10-16
1
Rounds tracked

Named as a constituent of Morningstar PitchBook Unicorn 20 Index, Morningstar PitchBook Unicorn 30, Morningstar PitchBook Global Unicorn, Morningstar PitchBook US Unicorn 100 and Forge Accuidity Private Market Index — a fact about those indexes, not an endorsement.

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59.8
PrePost Index · out of 100

PrePost's proprietary index, combining capital-raising momentum, market-pricing confidence, and investor strength into one comparable score from 0 to 100. It lets you compare companies on those three measures; it is not a rating of the investment. How it works

Deel valuation history

The cleanest of the three records in this batch. Deel raised a $300M Series E in October 2025 at a $17.3bn post-money, and the one fund here that holds it marks it at exactly that round's price. The detail worth noticing is that Powerlaw carries Deel's Series A-3 and Series E preferred at the same $38.92 a share. Different preferred classes usually carry different rights, so one price across both is the fund applying a single fair value per share rather than valuing each class on its own terms. That is a common and reasonable simplification, but it means the mark is not independent evidence about either class specifically. Deel's revenue and profitability claims here are the company's own. It is a US private company and files nothing PrePost can check them against, which is a real difference from Revolut, whose equivalent figures come from audited accounts.