Payroll Startup Papaya Global Raises $3 Million
Summary
Payroll management startup Papaya Global Ltd. announced Wednesday the completion of a $3 million funding round led by New Era Ventures. Venture capitalist Sir Ronald Cohen also participated in the round. In a statement, the company said it will use the additional funding to grow its development and sales teams. Papaya Global offers a system that automates payroll processing, labor law compliance, and other aspects otherwise handled by human resources departments. Founded in 2016, Papaya Global is headquartered in Tel Aviv and has additional offices in New York, China, and Australia.
Funding
Amount
$3.0M
Total raised
Date
October 3, 2018
Announcement date
Investors
Papaya Global
Lead investors
Company
http://www.papayaglobal.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
HR Software
Payroll Software
Linked Companies
Papaya Global
$100M to $250M