IPO Watch
IPO Watch

Deel

$17.3B No date announced Private · no public filing HR Tech / SaaS
Global payroll and compliance infrastructure for the remote-first world.
Evidence record · 23 September 2026
October 2025 Series E valuation · Deel Series E announcement ↗

Deel announced a $300 million Series E in October 2025 at a $17.3 billion valuation. The company said it had passed $1 billion in annual recurring revenue and had been profitable for three consecutive years.

Those are operating and financing milestones, not a public-offering timetable. No IPO date has been announced.

Catalysts
Reported profitability and global payroll scale.
Risks
No filing or offering date has been announced.
FreeMalta Verdict
A verified private-round price; no IPO clock.
What is Deel's valuation?
Deel announced a $17.3 billion valuation for its October 2025 Series E.
When will Deel IPO?
No date has been announced.
View Deel in The Garage
Method & disclaimer: This is an editorial watchlist, not investment advice. Company-announced financing values, reported secondary prices, targets and public-market prices are different measurements. A confidential filing is not a confirmed offer date. Every company file has a dated evidence record; some figures are explicitly reported estimates rather than company disclosures. FreeMalta's OpenAI partnership does not imply access to non-public IPO information. Do your own research before making any investment decision.

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