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Deel has raised a total of $686 million over six funding rounds, reflecting strong investor confidence. The funding history includes nearly $300 million from General Catalyst and participation from other prominent investors. The investments have positioned Deel as a key player in the global HR services market. These funds are strategically allocated to support its expansion into over 150 countries and to enhance its HR and payroll solutions. The investment strategy is aligned with Deel's ambition to fortify its global presence and develop innovative offerings. Strategic advisors such as Francis deSouza and Todd Ford have also contributed to its direction. Key funding details include: - Total Funding: $686 million - Six funding rounds - Key investors: General Catalyst, SV Angel, Spark Capital, Mubadala These elements underscore Deel’s commitment to rapid growth and market expansion. (Sources: https://www.deel.com/blog/deel-new-anchor-investors/, https://www.connectingthedotsinfin.tech/deel-secures-300m-investment-hits-800m-run-rate/)
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