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Is Deel a Unicorn?

Published in Tech Unicorn 1 min read

Yes, Deel is a unicorn company.

What is a Unicorn Company?

In the world of startups, a "unicorn" is a privately held company with a valuation of $1 billion or more. This term signifies a rare and highly successful achievement for emerging businesses, indicating significant growth potential and investor confidence.

Deel's Unicorn Status

Deel officially achieved unicorn status, a significant milestone reached during its Series C funding round. This accomplishment is particularly notable because Deel built its global platform and achieved this valuation entirely remotely, leveraging a talented and diverse team spread across more than 30 different countries. Their success highlights the growing power and potential of remote-first organizations in the modern global economy.