Things are going very quickly for the young French entrepreneur Axel Bouaziz.
His company Deel, created in 2019, is already valued at $ 5.5 billion since a funding round of $ 425 million last October, led by Silicon Valley tenors like Andreessen Horowitz.
Six months earlier, Deel had raised $ 156 million for a valuation of $ 1.25 billion.
In between, its customer base grew from 1,800 to over 6,000, including several giants like Shopify, Coinbase or Dropbox.
This year, the young company will post an annual income of 50 million dollars.
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Its niche?
Remove barriers to remote hiring.
"Our idea with Deel is that it is as easy for a company to recruit, pay and manage someone wherever they are in the world as if they were working in the same country",
summarizes Alex Bouaziz.
The platform provides the "back office" for everything relating to payroll, contracts, taxation, legal compliance with ...
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