# Deel funding: rounds and investors

> Deel has raised $300M across 1 round since 2025. Investors include Ribbit Capital, Y Combinator and Andreessen Horowitz. Every round with its source.

Source: https://millionrounds.com/company/deel (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Deel*

One round we have observed, with the 8 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Future of Work HR Tech

Valuation: $18B, Mar 2026 Y Combinator: W19

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Funding summary Updated 5 Nov 2026

**$300M** raised across 1 round since 2025, from 4 sources

- **Latest round:** Growth, $300M Oct 2025
- **Led by:** Ribbit Capital
- **Investors:** 8 (1 led)

See who backed them

## The rounds

- **Oct 2025** Growth **$300M** [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Coatue](https://millionrounds.com/fund/coatue-management) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Green Bay Ventures](https://millionrounds.com/fund/green-bay-ventures) Reported by Crunchbase News and 3 others

## Funding filed with regulators

Deel filed 7 raises, $665M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2024 **$3.0M** 45 investors SEC Form D
- Nov 2024 **$1.5M** 43 investors SEC Form D
- Apr 2022 **$28M** 9 investors equity of $50M offered SEC Form D
- Sept 2021 **$429M** 68 investors equity SEC Form D
- Mar 2021 **$156M** 26 investors equity SEC Form D
- Aug 2020 **$30M** 24 investors equity of $30M offered SEC Form D
- May 2020 **$19M** 39 investors equity of $19M offered SEC Form D

## Everyone who backed them

[Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round

[Green Bay Ventures](https://millionrounds.com/fund/green-bay-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=deel).

## Also claim to have backed them

These 28 firms list Deel as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Kima Ventures](https://millionrounds.com/fund/kima-ventures) VC firm Per its own site

[S32](https://millionrounds.com/fund/s32) VC firm Per its own site

[Emerge Education](https://millionrounds.com/fund/emerge-education) VC firm Per its own site

[Section 32](https://millionrounds.com/fund/section-32) VC firm Per its own site

[Justin Mateen](https://millionrounds.com/fund/justin-mateen) VC firm Per its own site

[Scooter Braun](https://millionrounds.com/fund/scooter-braun) Angel Per its own site

[Founders Circle Capital](https://millionrounds.com/fund/founders-circle-capital) VC firm Per its own site

[Night Capital](https://millionrounds.com/fund/night-capital) VC firm Per its own site

[AltaIR Capital](https://millionrounds.com/fund/altair-capital) VC firm Per its own site

[Max Mullen](https://millionrounds.com/fund/max-mullen) Angel Per its own site

[BAM Elevate](https://millionrounds.com/fund/bam-elevate) Private equity Per its own site

[Ryan Hoover](https://millionrounds.com/fund/ryan-hoover) Angel Per its own site

[Brad Flora](https://millionrounds.com/fund/brad-flora) Angel Per its own site

[Discovery Ventures](https://millionrounds.com/fund/discovery-ventures) VC firm Per its own site

[Adventure Fund](https://millionrounds.com/fund/adventure-fund-2) VC firm Per its own site

[Formus Capital](https://millionrounds.com/fund/formus-capital) VC firm Per its own site

[Swell Partners](https://millionrounds.com/fund/swell-vc) VC firm Per its own site

[Valkyrie](https://millionrounds.com/fund/valkyrie-2) VC firm Per its own site

[AI Grant](https://millionrounds.com/fund/ai-grant) Accelerator Per its own site

[Arsenal](https://millionrounds.com/fund/arsenal) VC firm Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

[Emerge VC](https://millionrounds.com/fund/emerge-vc) VC firm Per its own site

[Forwards Fund](https://millionrounds.com/fund/forwards-fund) Angel network Per its own site

[Kadera Capital](https://millionrounds.com/fund/kadera-capital) Growth equity Per its own site

[Roosh](https://millionrounds.com/fund/roosh) Venture studio Per its own site

[Sarona Ventures](https://millionrounds.com/fund/sarona-ventures) VC firm Per its own site

[Scoop Ventures](https://millionrounds.com/fund/scoop-ventures) VC firm Per its own site

[W Ventures GmbH](https://millionrounds.com/fund/w-ventures-2) VC firm Per its own site

## Quick answers about Deel

### Who invested in Deel?

Deel's investors include Ribbit Capital, Y Combinator, Andreessen Horowitz, General Catalyst and Coatue, and 3 more on record. Ribbit Capital led its latest round.

### How much has Deel raised?

Deel has raised $300M across 1 round since 2025.

### When did Deel last raise?

Deel's most recent round was a Growth of $300M in Oct 2025, led by Ribbit Capital.

### What was Deel's biggest round?

Its most recent round, $300M in Oct 2025, is also its largest on record.

### Who backed Deel first?

Deel's first round on record, in Oct 2025, was backed by Ribbit Capital, Y Combinator and Andreessen Horowitz and 5 others.

### What stage is Deel at?

Deel's latest named round is a Growth, in Oct 2025.

### Where is Deel based?

Deel is based in the United States.

### Who led Deel's rounds?

Ribbit Capital led the Growth in 2025.

## Companies like Deel

In the same sector, and raised in the last eighteen months.

[**ShareWillow** $8.5M · Oct 2026](https://millionrounds.com/company/sharewillow)[**Avante** $30M · Oct 2026](https://millionrounds.com/company/avante)[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**PickTrace** Oct 2026](https://millionrounds.com/company/picktrace)[**Vitalize** $31M · Oct 2026](https://millionrounds.com/company/vitalize)

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