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PAPAYA GLOBAL
Papaya Global
Fintech SAAS (global payroll and workforce payments) · New York · United States · Founded · 2016 · ≈ · 700 · employees

Papaya Global Funding — Last Valued at $3.7B

Private

Papaya Global has raised $436.5M across 5 funding rounds. The latest round valued Papaya Global at $3.7B post-money, with Insight Partners, Tiger Global Management on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Papaya Global funding · at a glance
Total raised, all rounds
$436.5M
sum of disclosed sizes
Funding rounds
5
priced rounds
Latest round
$3.7B
post-money · Sep 2021
Lead on that event
Insight Partners
lead investor
2021
About Papaya Global

Papaya Global has raised more than $450 million, most recently at a $3.7 billion valuation, from investors including Insight Partners, Bessemer Venture Partners, Scale Venture Partners, Workday Ventures, and GreenOaks Capital Partners, funding its expansion from payroll into licensed cross-border payments.

Funding timeline

The Papaya Global funding timeline

5 funding rounds, the latest highlighted.

2016
Papaya Global founded

Papaya Global was founded in 2016, United States.

JUN 2016
Seed

A primary round — the company sells new shares to investors it selects. $1.5M raised.

Valuation basisAmount$1.5MPrice / shareLead
NOV 2019
Series A

A primary round — the company sells new shares to investors it selects. $45M raised, led by Insight Partners, Bessemer Venture Partners.

Valuation basisAmount$45MPrice / shareLeadInsight Partners, Bessemer Venture Partners
SEP 2020
Series B

A primary round — the company sells new shares to investors it selects. $40M raised, led by Scale Venture Partners, Workday Ventures.

Valuation basisAmount$40MPrice / shareLeadScale Venture Partners, Workday Ventures
MAR 2021
Series C at $1B post-money

IVP and Alkeon also participated. $100M raised, led by GreenOaks Capital Partners.

Valuation basispost-moneyAmount$100MPrice / shareLeadGreenOaks Capital Partners
SEP 2021LATEST
Series D at $3.7B post-money

A primary round — the company sells new shares to investors it selects. $250M raised, led by Insight Partners, Tiger Global Management.

Valuation basispost-moneyAmount$250MPrice / shareLeadInsight Partners, Tiger Global Management
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Papaya Global funding rounds in full

5 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series D LATEST
Sep 2021
$250M
$3.7Bpost-money
—
Insight Partners, Tiger Global Management
—
Series C
Mar 2021
$100M
$1Bpost-money
—
GreenOaks Capital Partners
IVP and Alkeon also participated
Series B
Sep 2020
$40M
—
—
Scale Venture Partners, Workday Ventures
—
Series A
Nov 2019
$45M
—
—
Insight Partners, Bessemer Venture Partners
—
Seed
Jun 2016
$1.5M
—
—
—
—
Papaya Global · investors

Investors

Insight PartnersLEADTiger Global ManagementLEADGGreenOaks Capital PartnersLEADScale Venture PartnersLEADWorkday VenturesLEADBessemer Venture PartnersLEADIVPAAlkeon

Frequently asked questions

Who are Papaya Global's competitors?›

The closest fintech saas (global payroll and workforce payments) peers are on the competitors page.

How can I get exposure to Papaya Global?›

The routes section explains what is realistically available for a company at this stage.

Is Papaya Global publicly traded?›

No. Papaya Global is a private company; its shares do not trade on a public exchange.

What is Papaya Global's valuation?›

The last valuation is $3.7B.

Who has invested in Papaya Global?›

Lead investors for each round are in the funding timeline.

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