Deel's Ambitious Roadmap to Going Public

In a revealing interview with CNBC, Deel, a leading human resources software startup, shared its ambitious plans for an initial public offering (IPO) as early as 2026. CEO Alex Bouaziz expressed confidence in the company's readiness and rationale for taking this significant step forward.

Financial Milestones and Strategic Investments

The announcement follows Deel's achievement of an $800 million annual revenue run rate, with December revenues witnessing a 70% year-over-year surge. Adding to its momentum, Deel has welcomed General Catalyst and Mubadala Investment Company as new shareholders, further solidifying its financial foundation and market position.

Valuation and Future Prospects

With a valuation now estimated at $12.6 billion, Deel is poised for a transformative journey towards its IPO. This valuation reflects the company's robust growth trajectory and the confidence of its investors in its future prospects.