Papaya is a SaaS platform automating global payroll and and global workforce management. The company is reinventing global payroll, payments, and workforce management.
Papaya integrates your entire global workforce and payroll management onto a single global platform connecting you to a network of verified local vendors.
Papaya Global was founded in 2016 by Eynat Guez, Ofer Herman, and Ruben Drong. The company is headquartered in New York, with offices in Tel Aviv, Austin, London, Kiev, Singapore and Melbourne.
Papaya supports 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.
Papaya's 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.
Papaya's platform currently serves clients both large and small including, Kong, Rubrik, Yubico, Sonder, Fiverr, Wix, Microsoft, Teradata, CyberArk and more.
Papaya is backed by Insight Partners, Bessemer Venture Partners, Greenoaks Capital Partners, Tiger Global, IVP, Scale Venture Partners, Workday Venture, Alkeon Capital, New Era Capital Partners, Group 11, and others. The company raised $250M in Series D round on Sep 13, 2021. This brings Papaya's total funding to $439.5M to date. The new round more than tripled the company's valuation to $3.7B post-money. Papaya was previously valued at over $1B from the Series C raised in Mar 2021.