Core Insights - Deel has successfully raised $300 million in a Series E funding round, co-led by Ribbit Capital and Andreessen Horowitz, despite ongoing legal disputes with competitor Rippling [1][3] - Deel has reported profitability for three consecutive years and has surpassed $1 billion in annual recurring revenue (ARR), achieving a monthly revenue of $100 million in September [2] - The company serves over 35,000 customers and manages more than 1.5 million workers across 150 countries, focusing on the complexities of global employment and currency regulations [2] Investment Sentiment - Top-tier venture capitalists remain optimistic about Deel, with Ribbit Capital's founder expressing long-standing support for the company as a trusted brand in HR solutions [3] - Andreessen Horowitz has also praised Deel for its efforts in building a leading HR platform for global companies [3] Competitive Landscape - Rippling, despite its ongoing lawsuit against Deel, has continued to attract investment, raising $450 million in a Series G round at a valuation of $16.8 billion [4]