Acquired Sastrify to fold SaaS spend and license management into its HR platform.

This moves Deel from a workforce platform into IT operations territory, directly competing with tools like Zluri, Torii, and Zylo for SaaS spend visibility and license management. Buyers evaluating Deel now have a reason to consolidate HR, payroll, and IT procurement into one vendor — raising the switching cost and expanding Deel's TAM significantly. Competitors in both HR tech and SaaS management categories need to respond with either deeper integrations or sharper differentiation on their core workflows.