The problem
Hiring and paying people abroad means local entities, tax and labor-law compliance, and many disconnected payroll vendors
What they do
Global payroll, employer of record and contractor payments for hiring and paying people in 150+ countries
Traction $300M+ ARR and cash-flow positive (May 2026); payroll business +300% YoY (company claim)
Hiring trend
- Open roles
- 48
- Ops roles
- 5
- Headcount
- ~2,000
Flat, ~2,000 staff since 2023; 2026 hiring plans cut as AI lifted revenue per employee 50%; 48 open roles
Hiring in
- Remote (EMEA)
- Remote (Americas)
Latest news
Oct 2026
Rebranded as 'financial operating system for the global workforce'; largest-ever brand campaign ↗Glassdoor
3.3 ★ 626 reviews ↗Funding
- Last round
- $300M
- Stage
- Series C
- Date
- Apr 2022
Led by SoftBank Vision Fund 2 (Accel, Sequoia, Index, Two Sigma, General Catalyst participating)
- Hiring+248 open roles on the live job board (30+ roles = +2)
- Funding recency0Series C · $300M, Apr 2022 (54 months ago): over 24 months = 0
- Traction+0.75Some growth: $300M+ ARR and cash-flow positive (May 2026); payroll business +300% YoY (company claim)
- Red flags−11 significant flag in the last 24 months, −1 eachSecondary-market estimate values it ~$1.5B, ~49% below its $3B 2022 round, with no new primary round since; employee-reported layoff of ~40 (Jan 2025) and 2026 Glassdoor reviews describing overnight/silent layoffs, high turnover and 3 CROs in 3 yearsTrueUp: secondary valuation $1.5B, down 49% (Notice.co est., Oct 2026) ↗ · Notice.co: Remote secondary pricing (Oct 2026) ↗ · TrueUp layoffs tracker: ~40 cut Jan 2025 ↗ · Glassdoor review, Jul 2026: 'Layoffs happen overnight' ↗ · Glassdoor review, Jun 2026: '3 CROs in 3 years' ↗ · Glassdoor reviews mentioning 'layoff' ↗
- Total1.752 + 0 + 0.75 − 1 = 1.75 → Steady (1.5–3.49)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
Strong #2 in global payroll/EOR at $300M+ ARR and cash-flow positive, embedded by Workday, BambooHR and Personio, but about a fifth of Deel's size.
Sources: Remote: $300M ARR, cash-flow positive, payroll +300% (May 2026) ↗ · TechCrunch: Remote revenue per employee +50% (May 2026) ↗ · Remote x isolved EOR partnership (Jun 2026) ↗
Watch-outs
Secondary-market estimate values it ~$1.5B, ~49% below its $3B 2022 round, with no new primary round since; employee-reported layoff of ~40 (Jan 2025) and 2026 Glassdoor reviews describing overnight/silent layoffs, high turnover and 3 CROs in 3 years
Sources: TrueUp: secondary valuation $1.5B, down 49% (Notice.co est., Oct 2026) ↗ · Notice.co: Remote secondary pricing (Oct 2026) ↗ · TrueUp layoffs tracker: ~40 cut Jan 2025 ↗ · Glassdoor review, Jul 2026: 'Layoffs happen overnight' ↗ · Glassdoor review, Jun 2026: '3 CROs in 3 years' ↗ · Glassdoor reviews mentioning 'layoff' ↗
Last checked Oct 13, 2026