Menu Close
Deel

Deel

Deel News: Deel Announces IPO Plans

6 days ago

Deel Unicorn News - February 04, 2025

Human resources software startup Deel has announced its intention to go public as early as 2026, following a surge in revenue and a valuation increase to $12.6 billion. The company is preparing for its IPO while addressing a lawsuit over money laundering allegations, which it denies. Stay tuned for more on Deel's journey to the public market.

( 00:00:00 ) Introduction

( 00:00:27 ) Deel Plans for 2026 IPO Amid Revenue Surge

play
0:00 - 0:00
play button

Deel, a global human resources and payroll platform, is preparing for a potential initial public offering (IPO) in 2026. CEO Alex Bouaziz stated, "We are getting ready to go out, potentially next year or a bit later. We believe we have the right reasons to go public." The company recently secured a $300 million secondary transaction, valuing it at over $12 billion, and reported an annual revenue rate of $800 million in 2024, reflecting 70% growth compared to 2023. However, Deel faces legal challenges, including a federal lawsuit filed in Florida alleging unauthorized money transmissions and facilitation of money laundering. The company denies these allegations and is filing to dismiss the lawsuit.

Empower Your Portfolio with Private Equity

Invest in Deel

Disclaimer

Investing in private securities is speculative, illiquid, and involves risk of loss. An investment with Linqto is a private placement and does not grant or transfer ownership of private company stock. No guarantee is made that a company will experience an IPO or any liquidity event.

Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.