Deel under fire for alleged questionable hiring practices, advice to other companies

A California Senator is urging the state’s Labor and Workforce Development Agency to conduct an investigation into the business practices of fintech turned HR startup Deel. Last week, Senator Steve

When the tech IPO market reopens, keep an eye on HR unicorns

Let's consider potential IPOs in the HR technology market: Rippling, Gusto, Deel and Velocity Global are all on our list.

Deel makes over $120M of its own cash available to support customers affected by SVB crisis

Global payroll provider Deel plans to provide $120 million of its own cash off its balance sheet to support startups’ payroll operations in the wake of Silicon Valley Bank shutting down. It has team

Remote work revolution helps Deel reach $295M in ARR

Fintech-turned-HR outfit Deel reached $295 million in annual recurring revenue (ARR) by the end of 2022, the company’s co-founder and CEO Alex Bouaziz shared today. That’s up 417.5% from $57 milli

Frank-ly, the Kardashian method won’t work for SBF

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha was joined by Mary Ann Azevedo and Rebecca

Deel enters equity management space with acquisition of Capbase

Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies told TechCrunch exclusively. As its name suggests, San Francisco-based Capbas

Localyze, a SaaS for staff relocation, gets $35M as it gears up for US launch

Hamburg-based Localyze is gearing up to launch in North America in the coming months — powered by a fresh raise of $35 million in Series B funding that’s being announced today, a little ov

Fueled by the remote work revolution, Deel more than doubles valuation to $12B with new raise

Daily Crunch: Twitter board OKs Musk’s $44B buyout, describes sale as ‘best path forward’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Why a16z pitched Deel to lead its Series A

Deel CEO Alex Bouaziz didn't have a pitch deck to share on TechCrunch Live. That's because Deel raised a total of $629 million without one.

Practice your pitch today on TechCrunch Live with Deel and a16z

TechCrunch Live is back! After a short break (because we were at TechCrunch Early Stage), the weekly show resumes today, and we’re excited to announce a new segment. Called Pitch Practice, it sh

‘The Ultimatum’ and social fintech have more in common than you’d think

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week was TechCrunch Early Stage, so Natasha and Alex go

Hear Deel’s $14m winning pitch to A16z on TechCrunch Live

Deel’s timeline is impressive: Founded in 2018, entered YC and raised its seed round in 2019. In 2020, the company raised a Series A and Series B. In 2021, Deel raised its Series C and Series D

About that Deel ARR number

Deel shared that it crossed the $100 million ARR threshold, a key moment for any technology upstart as it implies that it has reached public-market scale.

Remote raises $300M more, now at a $3B+ valuation, to manage payments and more for globally distributed workforces

Remote workforces have come into their own in the last several years, with companies ever more willing to tap into talent wherever it happens to be, and a vast array of low-friction tools being built

Hear from these amazing investors and founders on TechCrunch Live this April

TechCrunch Live has an exciting slate of episodes scheduled for April. The speakers come from a variety of disciplines, backgrounds and locations. Like always, each episode features an entrepreneur pr

Do you want your paycheck in crypto?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha and Alex and Mary Ann got together with C

Remote hiring startup Deel’s new feature gives businesses the option to fund payroll in crypto

In 2019, Alex Bouaziz and Shuo Wang founded Deel, a startup that aims to help companies compliantly hire and pay talent remotely all around the world. The pair’s mission was earnest and their vision

Another month, another billion dollars in value appreciation

Hello, and welcome to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. And have a good time. This week Mary Ann and Natasha and Alex (along

With customers like Coinbase and Shopify, remote hiring startup Deel raises $425M at a $5.5B valuation

As more people continue to work remotely, organizations globally have had to adjust — particularly when it comes to onboarding new employees and figuring out how to pay them, in some cases, acro
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