Deel today announced a $300 million strategic investment from new investor Ribbit Capital along with long-time Deel partners Andreessen Horowitz and Coatue Management with additional support from General Catalyst, Green Bay Ventures and more. Deel's new valuation is $17.3 billion.

Deel is the all-in-one payroll and HR platform for global teams. Built for how the world works today, Deel brings HRIS, payroll, compliance, benefits, performance, and device management into one platform, supported by owned payroll infrastructure across 150+ countries. Businesses of all sizes use Deel to hire, pay, and manage every worker type - securely and at scale.