Deel helps companies hire, pay and manage workers around the world. Alex Bouaziz and Shuo Wang founded the company in 2019 after meeting at MIT, and it went through the Y Combinator program. It is based in San Francisco.
A company that wants to hire someone in a country where it has no legal entity can use Deel as the employer of record. Deel then employs the worker locally, runs payroll, pays taxes and handles benefits and contracts. The platform also pays independent contractors, runs payroll for companies that do have local entities, and offers HR tools such as onboarding, immigration support and device management.
Its customers range from small remote startups to large enterprises with staff in many countries. Deel has grown largely by building its own local entities and payroll operations across many markets. The company has been in a legal dispute with its rival Rippling, with each side making claims against the other. Deel is privately held.