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A Billion Thank Yous: Deel Celebrates $1bn Run Rate

June 3, 2025

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You can find the original post here:
https://www.deel.com/blog/deel-celebrates-one-billion-revenue-run-rate/

To our customers, partners and team – thank you.

Today, we celebrate having reached a $1 billion revenue run rate in just over six years – a milestone that only a small handful of companies achieve. It reflects not only the strength and stability of our business, but also the progress we’re making in enabling the global future of work.

When we founded the company in 2019, we could never have dreamed of what the company looks like today. Yet the more we listened to customers, the clearer it became: payroll and HR weren’t built for the way the world works today.

What began as a product to hire and pay contractors is now a full payroll and HR suite that serves 35,000 customers and 1.25m workers in 150+ countries. Today we’ve been profitable for nearly three years and achieved 75% year on year revenue growth.

None of this could have been achieved without the unwavering support of our customers, our partners, and our team.

Without all of you, we would not be where we are today, so, thank you, and know that we are singularly dedicated to serving your needs over the long-term.

As we look ahead, we’re more energized than ever. This is just the beginning.

Alex & Shuo

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