Deel Acquires Capbase to Introduce Equity Management Solution

The team at Deel notes that they are building the “best” equity and compliance product for global companies and their teams.

The Deel team writes in a blog post that we all know equity “can be one of the best ways to attract and retain talent for the long-term.” But when you’re expanding your company worldwide, it’s hard “to know where and how to start approaching equity grants.”

The Deel team adds that there are so many questions, such as:

  • How do I structure equity incentives so they benefit teams and my company best?
  • Where do I start when it comes to hiring EOR employees and contractors and granting them equity in countries where I don’t have entities?
  • How does taxation work in various countries?
  • When are taxable events, and how do I calculate those for my team members?
  • What do I need to do to comply with local laws?
  • \What compliance documents do I need to send to my teams?

At Deel, they get a lot of these questions.

They’re already “helping businesses in a consultative capacity, like how to manage their taxable events on EOR employee equity, plus handling payroll on those events.”

Now they’re pairing these services “with a whole new product dedicated to equity management and issuance, so we can scale our expertise to more and more companies.”

That’s a “big part” of why they’re acquiring a company called Capbase.

Their team reportedly “has tons of experience removing the complexities that come with setting up companies and growing them.”

They offer technology and compliance expertise “to help hundreds of businesses incorporate seamlessly in the US, set up bank accounts and boards, manage cap tables, and, of course, grant equity.”

All of these things complement their efforts “around helping companies expand more easily, all in one place, compliantly.”

Capbase has “a unique approach in that they help companies develop throughout their “lifecycle” – from incorporating, to fundraising, to setting up employment contracts, to compliance filings, all the way through to granting equity.”

It’s why they think they’re a great fit for Deel. Plus, they’ll help them “do more in the US to support startups and help companies go global.”

For the time being, the Capbase team will “continue running their own services, but they’ll also work to scale our equity and payroll products.” The Deel team noted that they’re a truly talented team, and together they’ll further their goal of “simplifying HR for companies and their teams all around the world.”

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