Deel

Deel’s CEO is now in Dubai, complicating Rippling’s lawsuit

Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve […]

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Rippling is trying to serve Deel’s CEO, but bailiffs can’t find him

HR tech startup Rippling is trying to serve Deel CEO Alex Bouaziz with papers as part of a blockbuster lawsuit against its competitor. There’s just one problem: French bailiffs hired by Rippling can’t seem to find Bouaziz, Irish newspaper Business Post reports. Rippling sued Deel earlier this year in Ireland alleging the company paid one

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The affidavit of a Rippling employee caught spying for Deel reads like a movie

On Wednesday, Rippling publicly released the affidavit of the Rippling employee who testified that he was working as a spy for the HR tech company’s arch rival Deel.  And the account, coupled with Rippling’s lawsuit filed against Deel last week, reads like a corporate espionage movie script, complete with a sting operation and a smashed

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Rippling sues Deel, Deel denies ‘all legal wrongdoing’, and Slack is the main witness

It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another big player in the same space. The dramatic 50-page complaint alleges racketeering, misappropriation of trade secrets, tortious interference, unfair competition, and aiding and abetting a breach of fiduciary duty.

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Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General

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M&A activity heats up with Wiz, Graphcore, etc.

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.  Most interesting startup stories from the week Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition. This time, Google is in

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Deel acquires Hofy to build its own IT device management service

Fast-growing payroll provider Deel is making a sizable acquisition, its third this year. Deel announced on Thursday that it acquired Hofy, a London-based company that delivers and helps manage office equipment for remote hires. Financial terms weren’t disclosed, but a source familiar with the matter told TechCrunch that the deal was worth over $100 million.

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Japan’s SmartHR raises $140M Series E as strong demand for HR tech boosts its ARR to $100M

SmartHR, a cloud-based human resources and labor management software startup, said on Monday that it has raised $140 million in a funding round led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan, with participation from existing investors. The Series E round, which comes three years after the company raised

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