Tech Company Financing Transactions

Deel Funding Round

On 4/22/2021, Deel announced $156 million in Series C funding from Andreessen Horowitz, Spark Capital and Y Combinator.

Transaction Overview

Company Name
Announced On
4/22/2021
Transaction Type
Venture Equity
Amount
$156,000,000
Round
Series C
Investors

Andreessen Horowitz (Lead Investor) (Anish Acharya)

Spark Capital (Lead Investor)

Y Combinator (Lead Investor) (Ali Rowghani)

private investors (Anthony Schiller)

private investors (Dara Khosrowshahi)

private investors (Jeffrey Katzenberg)

private investors (Jeffrey Wilke)

private investors (Lachy Groom)

Proceeds Purpose
With this Series C financing, Deel plans to continue international expansion by tapping into new markets and setting up 80 new Deel-owned entities across the world in 2021.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
650 2nd St.
San Francisco, CA 94107
USA
Email Address
Overview
Deel's mission is to create a world where talents are not limited to a location. By making the most complicated business tasks simple and personal, Deel is reimagining payouts for businesses working with global remote teams.
Profile
Deel LinkedIn Company Profile
Social Media
Deel Company Twitter Account
Company News
Deel News
Facebook
Deel on Facebook
YouTube
Deel on YouTube

Management Team

Title
Name
Email & Social
Chief Operating Officer
Daniel Westgarth
  Daniel Westgarth LinkedIn Profile  Daniel Westgarth Twitter Account  Daniel Westgarth News  Daniel Westgarth on Facebook
Co-Founder
Alex Bouaziz
  Alex Bouaziz LinkedIn Profile  Alex Bouaziz Twitter Account  Alex Bouaziz News  Alex Bouaziz on Facebook
VP - Marketing
Anja Simic
  Anja Simic LinkedIn Profile  Anja Simic Twitter Account  Anja Simic News  Anja Simic on Facebook
VP - R & D
Gilad Novik
  Gilad Novik LinkedIn Profile  Gilad Novik Twitter Account  Gilad Novik News  Gilad Novik on Facebook
VP - Sales
Shuo Wang
  Shuo Wang LinkedIn Profile  Shuo Wang Twitter Account  Shuo Wang News  Shuo Wang on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/22/2021: Fintor venture capital transaction
Next: 4/23/2021: Kandji venture capital transaction

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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