Last updated 2026-08-03
- Raised $2.5M Series A led by NFX Capital, Oct 2020
- Raised $1M Seed round led by NFX Capital, Jul 2018
- Raised Series B led by SVB Capital, Jul 2021
Total raised
$3.5M
Last: D Round 2021-09
Stage
Mature
Founded
2016
Headcount
486
HQ
Tel Aviv-Yafo, Israel
Sector
Media & Entertainment Technologies
About
Papaya is an Israeli gaming company specializing in creating and hosting skill-based tournament games that transform traditional single-player games into multiplayer experiences with cash rewards. The company's platform focuses on fair, scalable, and transparent competitive environments, matching players based on similar skill levels. Papaya has developed games like Solitaire Cash, Bubble Cash, Bingo Cash, and 21 Cash, which have accumulated over 37 million downloads worldwide. The company has offices in Israel, the United States, and Poland.
Funding history · 4 rounds · $3.5M total
2021-07
B Round
Undisclosed
★ SVB Capital★ Rainfall Ventures★ Homeward Ventures
2020-12
A Round Extension
Undisclosed
★ Proof
2020-10
A Round
$2.5M
★ NFX Capital
2018-07
Seed
$1.0M
★ NFX Capital
Q&A
- What is Papaya's primary business?
- Papaya is an Israeli gaming company that develops skill-based tournament games, transforming traditional single-player games into multiplayer experiences with cash rewards. Their platform focuses on fair, scalable, and transparent competitive environments.
- When was Papaya founded?
- Papaya was founded in March 2016.
- Where is Papaya headquartered?
- Papaya is headquartered in Tel Aviv-Yafo, Israel.
- How much funding has Papaya raised in total?
- Papaya has raised a total of $440,000,000 USD.
- When was Papaya's most recent funding round and how much was raised?
- Papaya's most recent funding was a D Round in September 2021, which raised $250,000,000 USD.
- Which investors participated in Papaya's D Round funding?
- The D Round in September 2021 included investments from Tiger Global and Insight Partners.
- What is Papaya's employee count?
- Papaya has an employee count in the 201-500 range.
- Who are the co-founders of Papaya?
- The co-founders of Papaya are Oriel Bachar (CEO), Andrey Birman (CTO), Alex Liakhovetsky (VP, R&D), and Yonatan (Yoni) Zvik (VP, Product).
Team · 12
Yonatan (Yoni) Zvik
Founder · VP, Product & Co-founder
Ornit Gimelstein
Chief Financial Officer
Ifat Steinman
General Counsel
Uri Pearl
VP Of Marketing
Talia Berkovitz
Business Operations Manager, CEO Office
Noa Shomrony Gal
VP of Business Development - Head of business unit
Ravit Barak
Vice President Human Resources
Raz Revah
VP Finance
Zvika Koren
VP Customer Experience
Sectors & technology
Primary sector
Media & Entertainment Technologies
Technologies
Target customers
Business model
B2B2CB2C
Tags
user-engagementdevelopersmobile-gamesblockchainuser-acquisitionsocial-gamesmobile-applicationsgamesmonetizationcustomer-loyaltycustomer-retentiongame-developersgame-developmentesportsgaming
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | papaya.com/ |
|---|---|
| linkedin.com/company/24427744 | |
| X / Twitter | twitter.com/solitaire_cash |
Identifiers & details
| Legal name | Papaya Gaming Ltd. |
|---|---|
| Founded | 2016-3 |
| Employees (exact) | 486 |
Radar intelligence
Patents
| EPO | 169 |
|---|
Publications (Crossref)
| Works | 5 |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| Solitaire Cash: Win Real Money | 4.60661 | |
| Bubble Cash | 4.64228 | |
| Bingo Cash - Win Real Money | 4.69909 | |
| Triple Match Cash | 4.75912 | |
| 21 Cash | 4.71405 | |
| Block Match Cash | 3.72727 | |
| Blackсatсard | 4.45833 | |
| Solitaire Sweep: Win Real Cash | 4.67375 | |
| Solitaire Town Tycoon | 4.82353 | |
| Sort Puzzle Cash | 3.38889 |
Web history (Wayback)
| Domain | papaya.com |
|---|
Certificate / subdomain footprint
| Subdomains | 15 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515422095 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2016-03-13 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 6 — charge (2), shares_capital (1), violation (1), annual_report (2) |
| Registered address | המסגר 35 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-10-29 | סילוק שעבוד |
| 2025-10-29 | סילוק שעבוד |
| 2026-05-24 | העברת מניות |
| 2026-06-08 | עדכון הפרה |
| 2026-06-08 | דו~ח שנתי-הקצאת מניות |
| 2026-06-08 | דו~ח שנתי-עדכון כתובת |