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title: Deel, the $12B HR startup, acquires Zavvy to step up...
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# Deel, the $12B HR startup, acquires Zavvy to step up consolidation play

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 1 upvotes · 0 comments

## Summary

Deel, a $12 billion HR startup, has acquired Zavvy, an AI-based people development startup. Deel plans to integrate Zavvy's services into its platform and incorporate more AI technology. The acquisition price is undisclosed, but it is higher than Zavvy's valuation of $16 million. Deel has over 25,000 organizations as customers and is currently profitable with annual recurring revenues of over $400 million.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/02/28/deel-the-12b-hr-startup-acquires-zavvy-to-step-up-consolidation-play/>

---

Tags: [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup), [#enterprise](https://daily.dev/tags/enterprise), [#acquisition](https://daily.dev/tags/acquisition), [#hr](https://daily.dev/tags/hr)

[View this post on daily.dev](https://daily.dev/posts/deel-the-12b-hr-startup-acquires-zavvy-to-step-up-consolidation-play-4ckuidgtx)

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