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Deel’s billionaire cofounders just got $500 million richer The hr platform plans acquisitions and ai innovation with its new capital. But they’re still poorer than bitter rival rippling’s parker conrad.

Alex bouaziz, ceo of deel, told the financial times the company crossed us$100m in monthly revenue for the first time in september and generates between us$15m and us$17m in earnings before interest, taxes, depreciation and amortisation. Deel secures $300 million in series e funding, reaching $17.3 billion valuation Deel is back in the spotlight with a fresh $300 million series e round that pushes its valuation to a staggering $17.3 billion

The funding was led by new investor ribbit capital with participation from existing backers andreessen horowitz and coatue management.

Forbes an interview with deel ceo alex bouaziz, who expects a 2025 profit of $170m to $200m, about the company's $300m round that pushed its valuation above rippling's x

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