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Valuation

$3.5B

2024 Revenue

$145.1M

Customers

1K

Funding

$444.5M

YOY

45.1%

Avg ACV

$145.1K

Team

795

Founded

2016

How Papaya Global CEO Eynat Guez grew Papaya Global to $145.1M revenue and 1K customers in 2024.

Papaya Global is a cloud-based platform that provides a comprehensive solution for global payroll and workforce management. The platform enables companies to manage their international workforce and comply with local employment regulations and tax laws. Papaya Global offers a range of services, including payroll management, benefits administration, compliance management, time and attendance tracking, and HR management. The platform is designed to simplify the complexities of global payroll and provide real-time visibility and control over payroll operations. The company was founded in 2016 and is headquartered in Tel Aviv, Israel, with offices in New York, London, and Kiev.

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Papaya Global Revenue

In 2024, Papaya Global's revenue reached $145.1M. The company previously reported $100M in 2023. Since its launch in 2016, Papaya Global has shown consistent revenue growth.

Papaya Global Revenue GrowthReported revenue / ARR by year$0$40M$80M$120M$160M201620172018201920202021202220232024$0$14M$36M$57M$100M$145MSource: GetLatka.com
YearMilestone
2024Papaya Global Hit $145.1m revenue in October 2024
2023Papaya Global Hit $100m revenue in November 2023Source
2022Papaya Global Hit $57m revenue in November 2022
2021Papaya Global Hit $35.5m revenue in November 2021
2020Papaya Global Hit $14m revenue in September 2020
2016Launched with $0 revenue

Papaya Global Valuation, Funding Rounds

Papaya Global reached a $3.5B valuation in 2021, set during its Series D round.

Papaya Global has raised $444.5M in total funding across 7 rounds, most recently a $250M Series D round in 2021.

Papaya Global Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$750M$2B$2B$3B$4B2016201720182019202020212016 cumulative: $2M • 2016 Seed Round: $2M @ $12M valuation2018 cumulative: $5M • 2016 Seed Round: $2M @ $12M valuation • 2018 Venture Round: $3M @ $18M valuation2019 cumulative: $50M • 2016 Seed Round: $2M @ $12M valuation • 2018 Venture Round: $3M @ $18M valuation • 2019 Series A: $45M @ $90M valuation2020 cumulative: $55M • 2016 Seed Round: $2M @ $12M valuation • 2018 Venture Round: $3M @ $18M valuation • 2019 Series A: $45M @ $90M valuation • 2020 Secondary Market: $5M2020 cumulative: $95M • 2016 Seed Round: $2M @ $12M valuation • 2018 Venture Round: $3M @ $18M valuation • 2019 Series A: $45M @ $90M valuation • 2020 Secondary Market: $5M • 2020 Series B: $40M @ $268M valuation2021 cumulative: $195M • 2016 Seed Round: $2M @ $12M valuation • 2018 Venture Round: $3M @ $18M valuation • 2019 Series A: $45M @ $90M valuation • 2020 Secondary Market: $5M • 2020 Series B: $40M @ $268M valuation • 2021 Series C: $100M @ $900M valuation2021 cumulative: $445M • 2016 Seed Round: $2M @ $12M valuation • 2018 Venture Round: $3M @ $18M valuation • 2019 Series A: $45M @ $90M valuation • 2020 Secondary Market: $5M • 2020 Series B: $40M @ $268M valuation • 2021 Series C: $100M @ $900M valuation • 2021 Series D: $250M @ $3B valuation$445M2016 Seed Round: $12M valuation$12M2018 Venture Round: $18M valuation2019 Series A: $90M valuation2020 Series B: $268M valuation2021 Series C: $900M valuation2021 Series D: $3B valuation$3BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series D$250M$3.5B7%
2021Series C$100M$900M11%
2020Series B$40M$267.8M15%
2020Secondary Market$5M--
2019Series A$45M$89.9M50%
2018Venture Round$3M$18.4M16%
2016Seed Round$1.5M$12M12%

Papaya Global Employees & Team Size

Papaya Global employs approximately 795 people as of 2026, down from 829 in 2024.

Papaya Global has 795 total employees in different roles and functions and 75 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.

Papaya Global Team GrowthReported headcount over time02004006008001,00020162018202020222024202500795795Source: GetLatka.com
YearMilestone
2025Reached 795 employees (November 2025)
2024Reached 829 employees (September 2024)
2023Reached 758 employees (November 2023)
2023Reached 758 employees (September 2023)
2023Reached 758 employees (January 2023)
2022Reached 736 employees (November 2022)
2022Reached 736 employees (January 2022)
2021Reached 254 employees (November 2021)
2021Reached 254 employees (September 2021)
2021Reached 465 employees (August 2021)
2020Reached 156 employees (November 2020)
2020Reached 156 employees (September 2020)

Founder / CEO

Eynat Guez

Eynat Guez is listed as Founder / CEO at Papaya Global.

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Customers

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Frequently Asked Questions about Papaya Global

What is Papaya Global's revenue?

Papaya Global generates $145.1M in revenue.

Who is the CEO of Papaya Global?

The CEO of Papaya Global is Eynat Guez.

How much funding does Papaya Global have?

Papaya Global raised $444.5M.

How many employees does Papaya Global have?

Papaya Global has 795 employees.

Where is Papaya Global headquarters?

Papaya Global is headquartered in New York, New York, United States.

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Compare Papaya Global to the industry

Papaya Global operates across multiple industries. Browse revenue, funding, and growth data for Papaya Global in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Papaya Global Revenue 2024: $145.1M ARR, $3.5B Valuation