Funding rounds: Papaya Global, myBasePay, Solo, Strategio

In addition, Solo, a company that aims to increase visibility for app-based independent contractors at work services firms, announced a $5.3 million seed round. Papaya Global, a payroll platform serving 140 countries, announced this week a $250 million Series D funding round at a valuation of $3.7 billion. The company tracks data across multiple work services platforms such as Uber, Doordash and Instacart to provide city-level pay and performance benchmarks, including hour-by-hour earnings predictions for independent contractors. “We’re excited to put better data and tools in the hands of drivers, shoppers, couriers and others so they can maintain their flexibility, while also knowing when, where, and what job to work,” Solo CEO and co-founder Bryce Bennett said. “It’s an exciting time with the economy rebounding after Covid-19, hiring is on the up and most companies are competing in the war for talent,” Strategio CEO and founder Conor Delanbanque said.