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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.

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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