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Meltem Kuran Berkowitz: prediction

27 Aug 2023 Lenny's Podcast An inside look at Deel’s unprecedented growth | Meltem Kuran Berkowitz (Head of Growth)

“April '22, we were looking at a hundred million. And then we started off this year with $295 million in ARR.”

— Meltem Kuran Berkowitz

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Speaker
Meltem Kuran Berkowitz
Attribution
Verified speaker
Claim type
prediction
Recorded
27 Aug 2023
Publisher
Lenny's Podcast

Transcript context

…I'm more excited that you're here. So you're head of growth at Deel. For people that aren't familiar with Deel, can you just give us a sense of what does Deel do briefly? And then also can you just share some stats around the trajectory of Deel? It feels like it's been this extraordinary journey, and I'm curious just to hear some of the stats of just how extraordinary. Yeah, so Deel is payroll, HR, and compliance platform for global teams. So essentially we help companies expand globally with tools like Deel HR, immigration, employer record hiring, independent contractor hiring, payroll, both global and US. So whether you're trying to hire someone as a full-time employee in Japan or you're trying to make sure your contractor in Germany has everything they need on day one, our platform allows you to take care of everything all in one place. And when I joined Deel, actually that was around July, 2020, we were less than a million dollars in ARR. And then over time, within the first year on January, 2021, we were at $4 million ARR. We finished 2021 with 57 million. April '22, we were looking at a hundred million. And then we started off this year with $295 million in ARR. And what we're particularly proud of is that we've been EBITDA positive. So that's something that we are very, very proud of on top of the ARR growth. Amazing. And you said that you were super early at Deel. Can you give us a sense of just how early and what that was like?…

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