Diligence memo · auto-generated · as of July 1, 2026
Deel, Inc.
Deel, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Deel, Inc. operates in Fintech, based in SAN FRANCISCO, CA, USA; Remote. The all-in-one HR and payroll platform for global teams
Sub-sector tags: B2B, Fintech, HR Tech, Payroll, SaaS, ai/ml, hr/worktech.
Capital & rounds (filed)filed
Deel, Inc. has raised $509M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $429M on 2021-09-14.
Most recent recorded round closed around 2024-12-13.
Valuation (modeled)modeled
Provath models Deel, Inc. at approximately $37M (range $22M–$45M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.06× the median modeled value of Growth/Late Fintech companies in 2022–2024 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 19 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of Fintech peers (1063 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Metropolis Technologies, Inc., Stripe, Inc., Fawry, Amenli, My Easy Transfer.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.