Orrick Advises Deel on $14 Million Series A Financing Round

May.22.2020

Orrick has advised Deel on its $14 million Series A financing, led by Andreessen Horowitz. As part of the investment, Andreessen general partner Anish Acharya is joining the company’s board. 
 
Founded in 2018 by MIT graduates Alex Bouaziz and Shuo Wang, Deel is the first payroll platform for remote teams that connects localized compliance and payments in one system of record and automates everything. Since emerging from startup accelerator Y Combinator in 2019, Deel has signed up 400 clients.
 
The Orrick team advising Deel was led by Josh Pollick and includes Kaitlin Bagby, Andrew Barlow, Katherine Hogan, Michael Levin, Scott Porter, Mike Yang and Alex Beezy.