Papaya Global Raises $250M in Series D; Valued At $3.7 Billion

Papaya Global, a Tel Aviv, Israel and New York-based workforce management platform, raised $250m in Series D funding. Co-founded by Eynat Guez, CEO, Ruben Drong, CPO and Ofer Herman, CTO, Papaya provides a SaaS based global people management platform for managing and paying all types of global workers, from onboarding to payments, in over 140 countries. The company has also revealed a new capability – a full DEI dashboard to support social responsibility. The platform integrates with all existing HRIS management tools, provides real-time business intelligence, gathers all employee information into one place, creating a system for tracking payroll spending. Papaya’s team currently spans Tel Aviv, New York, Austin, London, Kiev, Singapore and Melbourne.