Deel
About
EquityZen fund investing in Deel pre-IPO shares. Deel achieved $800M annual revenue run-rate in 2024 and is preparing for 2026 IPO. The global payroll and HR platform serves companies hiring internationally. Backed by Andreessen Horowitz and Spark Capital.
AI Investment Summary
Deel is a global payroll and HR platform with $800M ARR preparing for 2026 IPO. EquityZen (Morgan Stanley) offers pre-IPO access.
Structure
SPV Fund
Stage
Pre-IPO
Accreditation
Accredited Investors
Liquidity
Illiquid
Geography
San Francisco, CA
Revenue
revenue generating
Total Investors
200
Green Flags
- $800M annual revenue run-rate
- IPO preparation underway
- Global HR market growing rapidly
- Backed by a16z and Spark Capital
Risk Flags
- Accredited investors only
- SPV structure — indirect ownership
- HR tech market is competitive
- IPO timing not guaranteed
Similar Deals in Enterprise SaaS
Iter Opus (Levii.io)
Seed
AI career concierge solving $160B workforce inefficiency problem.
Min. Investment
$100
Databricks
Pre-IPO
Pre-IPO Databricks shares — $134B valuation, $5.4B revenue run-rate.
Min. Investment
$10K
Canva (rCanva Mirror Token)
Pre-IPO
Mirror token tracking Canva design platform — 220M users, $50 minimum.
Min. Investment
$50
Minimum Investment
$5K
Valuation
$12B+
Lock-up Period
Until IPO or liquidity event
Tags
LISTED
2026-01-15
ANNUAL REVENUE
$800M ARR