Total raised
$440.6M
Last: Series D 2021-09
Stage
Series D
Founded
2016
Headcount
791
HQ
Herzliya
Sector
Business Software
About
Papaya Global provides enterprises with a global, cloud-based SaaS platform to automate payroll and workforce management; an employer-of-record solution to hire workers in over 100 countries; and technology to streamline the payroll process, eliminate errors, and reduce operating costs. The company's system gathers all employee information in one location, creating a highly visible system that is backed by local and global experts to ensure compliance with local laws and benchmarks.
Funding history · 6 rounds · $440.6M total
2021-09
Series D
$250.0M
2021-03
Series C
$100.0M
2020-09
Series B
$40.0M
2019-10
Series A
$45.0M
2018-09
Seed
$3.0M
2016-06
Seed
$2.6M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What was Papaya Global's most recent funding round?
- Papaya Global completed a Series D funding round in September 2021, raising $250 million. Lead investors included Insight Partners.
- When did Papaya Global achieve a valuation over $1 billion?
- Papaya Global achieved a valuation over $1 billion in March 2021, following a Series C funding round where it raised $100 million. Greenoaks Capital led this round.
- What was Papaya Global's first acquisition, according to startupim data?
- Papaya Global acquired the HRIS platform Mensch in July 2020.
- What was the acquisition amount for Azimo by Papaya Global?
- Papaya Global acquired cross-border payments service Azimo in March 2022 for an estimated $150-200 million.
- What new platform did Papaya Global unveil in early 2024?
- In February 2024, Papaya Global unveiled a new workforce payments platform.
- How many employees does Papaya Global currently have?
- Papaya Global currently has approximately 791 employees.
- What is the total amount of funding Papaya Global has raised to date?
- Papaya Global has raised a total of $440.6 million in funding.
- What was a notable event regarding Papaya Global shares in August 2023?
- In August 2023, investor Dovi Frances was reported to be selling Papaya Global shares at a 90% discount.
- Which organization recognized Papaya Global in its inaugural list of top startups for the enterprise in November 2022?
- In November 2022, Papaya Global was included in CNBC's inaugural list of Top Startups for the Enterprise.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareOperations SolutionsHuman Resources Management
Technologies
Platforms & InterfacesWeb
Target customers
Enterprise & Professional Services
Business model
B2B
Highlights
Verified
Tags
unicorn-2021payrollenterprise-solutionslaw-enforcementpaymentshrfintechbpmenterprisessaasworkforce-managementrecruitmentgdprhr-tech