Why we like this company:
Remote work is a super fast growing trend. So many more companies are beginning to offer this an option for the employees, after all talent is everywhere not just where you’re headquarters is located. Although a lot of great opportunities are created through this, there are still challenges that arise. Compliance and payments around hiring remote workers is one example. They are messy and bear substantial risks. That's what Deel is helping with. They are simplifying and reducing the risk around these hires.
2. The Investors
Y Combinator - Invested in successful companies like Twitch, AirBnB, Gitlab, Stripe and more!
Elad Gil - Invested in great companies like Notion, Stripe, Optimizely and more!
Weekend fund - This fund is new and doesn’t have many investment but it was founded by the creator of ProductHunt and is a fast riser in the space
Daniel Gross - Is another newish name to VC but he has a LOT of wins in such a short period of time. He is an investor in companies like Notion, Jump Bikes, Cruise, Coinbase and so much more!
3. Early growth signs
Their traffic is growing month over month. 45k per month and up 40% this month.
They’re making revenue. That is the extent of my knowledge on that one. That’s also what comes with going to a seed stage company. You have to believe in the mission and as someone who has worked with contractors and remote workers, I think this is going to be very big!
I recommend paying a lot of attention to that job that isn’t posted on their site yet. I imagine not many people have seen it so competition is low. It’s for a Head of Growth job. Also, I recommend going directly to the source…. Here is the email for the CEO - email@example.com
Good luck out there!