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NYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments
Thera, a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll management for businesses with international teams. The platform
Aug 23, 2024
Deel
National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued
The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NAD found that some claims, such as Deel’s cost savings and
Aug 9, 2024
Deel
Deel is acquiring Hofy
Fast-growing payroll provider Deel has acquired Hofy, a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. This strategic move aims to integrate Hofy's services into Deel
Jul 18, 2024
Deel
Borderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR
Borderless AI, the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance, providing innovative solutions to Canadian startups and beyon
Jun 14, 2024
Deel
Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments
Alviere, an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contractors in the U.S. with faster, more flexible payouts and a walle
May 28, 2024
Deel
Deel Is Acquiring Payroll Company PaySpace
Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along with reaching $500M in ARR, underscores Deel's rapid growth
Mar 5, 2024
Deel
Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. Deel, known for payroll and HR services for distributed workfo
Feb 28, 2024
Deel
Deel's Dynamic Rebrand: Charting New Horizons in Global HR Solutions
In the dynamic world of global HR solutions, Deel stands out not only for its rapid expansion but also for its commitment to evolving alongside the changing needs of businesses worldwide. As it approaches its fifth anniversary, Deel has unveiled a significant brand refresh, signaling a new era i
Feb 26, 2024
Deel
Setting the Record Straight: Deel Responds to Inaccurate Claims
Deel, a global HR admin platform, has recently found itself at the center of several inaccurate claims made against the company. In a statement released on their blog, Deel addresses these allegations, aiming to clear up any misunderstandings about their business and its goals. Background
Aug 14, 2023
Deel
Y Combinator's Revenue Leaders: A Deep Dive into the HR Tech Landscape
The article explores the future trends and opportunities in the HR Tech domain based on the performance of HR Tech companies in Y Combinator's list of top companies by revenue. Key players such as Checkr, Deel, Gusto, and Rippling are discussed. The article also emphasizes the potential of AI, machi
Jun 27, 2023
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