Deel is a payroll and compliance platform that provides a payroll and compliance platform to address the logistical challenges associated with migrating to a globally distributed workforce. The system provides legally vetted and compliant contracts and templates for tax forms and localized contracts, automated payments, invoices and receipts, and customer support. Both independent contractors and full-time employees are supported by Deel technology. It recently raised $50 million at a $12 billion valuation. The new investors are mainly Emerson Collective, and the old shareholders include Andreessen Horowitz, Spark Capital and YC.
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