Alex Bouaziz

Alex Bouaziz × Harry Stebbings

Deel is raising over $300 million at a valuation above $17 billion despite three profitable years, with September’s first $100 million revenue month and 60% of revenue from cross-sell and expansion supporting a broader acquisition offensive.Its advantage is owning payroll rails, workflows and proprietary data while integrating acquisitions in parallel, but brand expansion, Rippling litigation, sustained 15%-17% EBITDA and four or five clean quarters will shape the path toward a possible IPO.