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Papaya Global Raises $250 Million In Series D Funding At $3.7 Billion Valuation

Sep 13, 2021about 4 years ago

Amount Raised

$250 Million

Round Type

series d

Tel Aviv

Description

Papaya Global, the industry-leading workforce management platform transforming global employment, announced today that it has raised $250 million in Series D funding, bringing the company’s valuation to $3.7 billion and Papaya’s total funding to date to $440 million. Papaya’s valuation has increased tenfold since September 2020.

Company Information

Company

Papaya Global

Location

Tel Aviv, Tel Aviv District, Israel

About

Papaya offers a people, payroll and payment management solution supporting all types of global employment (payroll, EoR, and contractors) in over 140 countries to remove barriers to global hiring, enhance collaboration and engagement, and provide a first-rate employment experience. The automated, cloud-based SaaS platform provides an end-to-end solution, from onboarding to ongoing management and cross-border payments. The platform integrates with all existing HRIS management tools, provides real-time business intelligence and eliminates errors. It gathers all employee information into one place, creating a highly visible system for tracking payroll spending. The platform ensures GDPR and SOC compliance to maintain the highest standard of security. Papaya’s team currently spans Tel Aviv, New York, Austin, London, Kiev, Singapore and Melbourne. Papaya’s technology has been recognized by all leading global analysts, including Gartner, Visa, NelsonHall and others, as disruptive in the field of global people, payroll and payments. See our technology here. Follow us on Twitter @Papaya_Global.

Funding Insights

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