Summary
Deel, a leading payroll and HR company, has recently crossed the $1 billion run rate in Q1 2025, marking an impressive achievement for the six-year-old company. With a staggering 75% year-on-year revenue growth, Deel is reshaping global workforce management, boasting over 35,000 customers and 1.25 million workers across more than 150 countries. The company’s comprehensive platform offers seamless hiring, payroll, and compliance solutions, supporting businesses in navigating the complexities of the modern workforce.
Key Points
- Deel achieved a $1 billion run rate in Q1 2025, highlighting rapid growth.
- 75% year-on-year revenue growth from April 2024 to 2025.
- The company has been profitable since Q3 2023.
- Deel’s platform streamlines the traditional patchwork approach to global HR.
- Its services are now integrated to support modern workplace demands.
Why should I read this?
If you’re even slightly involved in HR or payroll, this is a must-read! Deel’s massive milestone indicates a significant shift in how companies will manage their global workforce moving forward. It’s like watching a tech revolution unfold right before your eyes, and staying informed on this trend will keep you ahead in the game!