Deel hits $17.3B valuation after raising $300M from big-name VCs, led by Ribbit Capital and Andreessen Horowitz.
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Deel’s $17.3B Surge: $300M VC Power Move
Deel Hits $17.3B Valuation After Raising $300M From Big-Name VCs Deel hits $17.3B valuation after raising $300M from big-name VCs — a major milestone that cements its position as one of the fastest-growing global payroll startups. Despite an ongoing legal battle with rival Rippling, top-tier investors continue to back Deel’s expansion and profitability story. Image Credits:Vaughn Ridley / Sportsfile for Collision / Getty Images A Huge Round Led By Top Venture Capital Firms Deel’s $300 million Series E round was co-led by fintech powerhouse Ribbit Capital and Andreessen Horowitz (a16z) . Other returning investors include Coatue Management and General Catalyst , signaling strong confidence in Deel’s long-term potential. The fresh funding pushes Deel’s valuation to $17.3 billion , marking another win for the HR tech decacorn as it continues scaling globally. Profitable Growth And Global Reach Deel says it’s been profitable for three consecutive years — a rare feat for a hypergrowth startup. The co…
