Spark Capital leads $30M Series B Financing of Deel

September 9, 2020Client News

Gunderson Dettmer represented client Spark Capital as it led the $30 million Series B financing of Deel, a payroll and compliance platform for businesses engaging international contractors and employees.

In the announcement of the transaction Spark general partner Yasmin Razavi said, “The hurdles employers face when hiring employees internationally can be so Herculean, they ultimately give up on hiring their ideal candidate and settle for the most hirable. Deel eliminates those hurdles and enables employers to hire and onboard efficiently, allowing them to get to work faster.”

The Gunderson deal team was led by Michael Hacker and included Andrew Weymouth.