Deel Raises $425M in Series D funding to continue transforming the future of work [Financial Post (Toronto, Ontario, Canada)]
Anaplan, Inc. (PLAN)
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Source: Financial Post
Article content SAN FRANCISCO, Oct. 18, 2021 (GLOBE NEWSWIRE) — Deel, the remote hiring company shattering job barriers worldwide, announced today that it has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. Deel has become the highest valued company in the global hiring, payments, and compliance space with this investment. This new funding round was led by US-based Coatue, with partners Rahul Kishore and Lucas Swisher leading the deal. Several new and existing investors also participated in this round, including Altimeter Capital, Andreessen Horowitz, the YC Continuity Fund, Spark Capital, Greenbay Ventures, Neo, and over 40 of the world's leading operators. 16 best online deals in the Canadian retail space right now Advertisement Article content Since Deel's inception in 2019, the team – growing from four to 400 employees – has been on a mission to ma
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