Deel
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.
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) Introduction(
) Deel Plans for 2026 IPO Amid Revenue SurgeDeel, 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.
Sources
1 https://biztoc.com/x/2b8e17a2f5bbb1cd
2 https://biztoc.com/x/6938c051eda7c5b4
3 https://www.cnbc.com/2025/02/04/hr-unicorn-deel-prepares-for-ipo-as-soon-as-2026.html
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