Deel's $300M Raise: Lawsuit Doesn't Stop Investor Confidence
Update: 2025-10-16
Description
Deel just snagged a massive $300M investment, co-led by Ribbit Capital and Andreessen Horowitz, hitting a $1B annual recurring revenue milestone, despite a heated legal battle with rival Rippling. While Rippling secured an even larger $450M raise in August, Deel's latest funding could fuel its dominance in global payroll and HR tech. Will the lawsuit and escalating rivalry impact customers and investors worldwide?
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