Papaya Global

New York, United States Founded: 2016 • Age: 10 yrs Unicorn
Cloud-based payroll management solutions are offered for businesses.

About Papaya Global

Papaya Global is a Technology company based in New York (United States) founded in 2016 by Eynat Guez. Cloud-based payroll management solutions are offered for businesses. Papaya Global has raised $440 million across 5 funding rounds from investors including Workday, Bessemer Venture Partners and Alkeon Capital Management. The company has 814 employees. Papaya Global has completed 1 acquisition, including Azimo. Papaya Global was last valued at $4.5 billion in January 2026. Its chief executive, as recorded, is Eynat Guez. Its website papayaglobal.com draws about 193 thousand monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Payroll Management and Enterprise Applications. Its legal entity in India is Papaya Global (India) Private Limited (U78300KA2023FTC179216). Its competitors include Gusto, Justworks and Earnin; 3 of its 3 listed competitors have raised funding.

Company details

Papaya Global was founded in 2016 and is based in New York, United States. Payroll management solutions are delivered via a cloud platform, supporting integrations with HRIS, ERP systems, insurance providers, HR tools, benefits administration, reporting functions, and additional system connections. Payment processing options are included. Revenue is generated through subscription plans in the HR technology sector.

Key Metrics
  • Total Equity Funding
    $440M (USD)

    in 5 rounds

  • Latest Funding Round
    $250M (USD), Series D

    Sep 2021

  • Investors
    Workday

    & 22 more

  • Employee Count
    814
  • Investments & Acquisitions

Funding Insights of Papaya Global

Papaya Global has successfully raised a total of $440M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $250 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $440M
  • Total Rounds 5
  • Last Round Series D β€” $250M
  • First Round $3M

    (Oct 2018)

  • Investors Count 23

All 5 funding rounds of Papaya Global with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$250MSeries D$3.7BInsight Partners, Tiger Global Management
Mar 2021$100MSeries C$1BGreenoaks
Sep 2020$40MSeries B–Scale Venture Partners
Nov 2019$45MSeries A–Insight Partners
Oct 2018$3MSeed–New Era Ventures
Valuation history
DateValuationStage
Sep 2021$3.7Bβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2021$1Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.5B (Jan 2026). 23 investors in total: 22 institutional and 1 angel.

Investors in Papaya Global

Papaya Global has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Workday, Bessemer Venture Partners and Alkeon Capital Management.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
1911bvp.comRedwood City, United States
Growth in technology companies is supported through venture capital.
ivp.comMenlo Park, United States
VC fund focused on equity markets
2002alkeoncapital.comNew York, United States
Investments in fintech companies are made by Group 11.
group11.vcBeverly Hills, United States
Investment and holding company controlled by Len Blavatnik
accessindustries.comNew York, United States
Early-stage venture capital investments are focused on US companies.
scalevp.comFoster City, United States
Tech-enabled businesses are funded by Greenoaks venture capital firm.
greenoaks.comSan Francisco, United States
New Era Ventures is engaged in technology and retail solutions.
newera.ventures
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Investor details for Papaya Global

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Board of directors of Papaya Global (India) Private Limited (Papaya Global)

Papaya Global (India) Private Limited is the primary company behind Papaya Global. The board of Papaya Global (India) Private Limited currently have 2 directors; the longest-serving is Subiramaniyan Saravana Kumar, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Subiramaniyan Saravana Kumar
DIN 10337261
Director27 Sep 20233 yrsPapaya Global (India) Private Limited
Eynat Sandrin Guez
DIN 10337262
Non- Individual Subscriber27 Sep 20233 yrsPapaya Global (India) Private Limited

People of Papaya Global

94 people are tracked at Papaya Global (40 in leadership, 54 in team); the tracked headcount is 814.

NameRoleGroup
Co-Founder & CEOLeadership
Inbal Aviad
Chief Legal & Compliance OfficerLeadership
Ruben Drong
Co-Founder, SVP, DataLeadership
Tomer Amitai
Chief Financial OfficerLeadership
Maya Goren
HR Business PartnerLeadership
Benny Vazana
Chief Business OfficerLeadership
Vered Kaplan
Tax DirectorLeadership
Fazal Cader
DirectorLeadership
Hagit Ben-Tzur
Head Of Product DesignLeadership
Sivan Razabi
Director Of HRLeadership
Anat Horvitz
Chief Of StaffLeadership
Gal Zacharia
Director Of Product OperationsLeadership
Aligal Strauss
Director Of FinanceLeadership
Ilana Rosner
Sr. Director, Product ManagementLeadership
Eyal Keren
Director Of Product Management - Finance | Compliance | Payments At Papaya GlobalLeadership
Tatiana Chopova Oerlemans
Managing Director NL / Board Member AzimoLeadership
Guy Kronenthal
Chief R&d OfficerLeadership
Limor Tal
VP DataLeadership
Rita Botner Zehavi
Head Of Business ExcellenceLeadership
Adi Brin
Head Of BookepperLeadership

74 more people are available in the full profile.

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Investments & Acquisitions by Papaya Global

Papaya Global has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Azimo.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cross-border money transfers are enabled via a digital banking channel.
azimo.comLondon, United Kingdom2012Mar 2022β€’β€’β€’β€’
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Timeline of Papaya Global

5 dated milestones of Papaya Global across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Papaya Global is founded.
  2. Funding First funding round of $3.0M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series D, of $250.0M.
  5. Acquisition Acquires Azimo.

Competitors of Papaya Global

Papaya Global has 3 listed competitors in our database, 3 of them funded. They include Gusto, Justworks and Earnin.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
justworks.com2012New York, United States$147.52M55,459
Benefits administration and payroll management are provided for businesses.
earnin.com2012Palo Alto, United States$190.1M242
Real-time access to earned wages is provided fee-free.
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Detailed competitors of Papaya Global

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Web traffic of Papaya Global

The website of Papaya Global (papayaglobal.com) receives about 193.3K visits a month.

  • Monthly visits
    193.3K

    ▲ 19% vs previous month

Similar websites

Websites whose visitors overlap most with Papaya Global. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
usemultiplier.com
100%
309.8K#124,591View details
routable.com
88%
22.4K#1,187,157View details
velocityglobal.com
85%
67.5K#577,232View details
paytiko.com
85%
#134,838View details
completepayrollsolutions.com
81%
680.7K#1,615,310View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Papaya Global (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Papaya Global

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Frequently Asked Questions about Papaya Global

Papaya Global was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Papaya Global is headquartered in New York, United States. It is registered at New York, New York, United States.

Eynat Guez is the CEO of Papaya Global, as recorded in our data. They have also founded this company.

Papaya Global is a funded company, having raised a total of $440M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Oct 2018.

Papaya Global has 814 employees.

Papaya Global was founded in 2016 and is based in New York, United States. Payroll management solutions are delivered via a cloud platform, supporting integrations with HRIS, ERP systems, insurance providers, HR tools, benefits administration, reporting functions, and additional system connections. Payment processing options are included. Revenue is generated through subscription plans in the HR technology sector.

Papaya Global's top competitors include Gusto, Earnin and Justworks.

Papaya Global has made 1 acquisition, including Azimo.

Papaya Global has 23 investors. Key investors include Workday, Bessemer Venture Partners, Alkeon Capital Management, MCI Capital, and New Era Ventures.

The valuation of Papaya Global is $4.5B as of Jan 2026.

Papaya Global operates through Papaya Global (India) Private Limited.

The legal entities of Papaya Global currently have 2 directors, including Subiramaniyan Saravana Kumar, Eynat Sandrin Guez.

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