Papaya Global
Valuation · 2021
$3.5B
2024 Revenue
$145.1M(Est.)
Customers
1K
Funding
$444.5M
Avg ACV
$145.1K
Team · 2025
795
Founded
2016
Papaya Global Revenue, Valuation & Funding (2024)
Papaya Global generated an estimated $145.1M in annual revenue in 2024. Source: GetLatka estimate
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.
Last updated
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Papaya Global Hit $145.1m revenue in October 2024 | Estimated |
| 2023 | Papaya Global Hit $100m revenue in November 2023 | |
| 2022 | Papaya Global Hit $57m revenue in November 2022 | Not recorded |
| 2021 | Papaya Global Hit $35.5m revenue in November 2021 | Not recorded |
| 2020 | Papaya Global Hit $14m revenue in September 2020 | Not recorded |
| 2016 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series D | $250M | $3.5B | 7% | Not recorded |
| 2021 | Series C | $100M | $900M | 11% | Not recorded |
| 2020 | Series B | $40M | $267.8M | 15% | Not recorded |
| 2020 | Secondary Market | $5M | - | - | Not recorded |
| 2019 | Series A | $45M | $89.9M | 50% | Not recorded |
| 2018 | Venture | $3M | $18.4M | 16% | Not recorded |
| 2016 | Seed | $1.5M | $12M | 12% | Not recorded |
Founder / CEO
Customers
Papaya Global serves 1K customers.
Papaya Global Employees & Team Size
Papaya Global employs approximately 795 people as of 2026, down from 829 in 2024, including 75 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 795 employees (November 2025) | Not recorded |
| 2024 | Reached 829 employees (September 2024) | Not recorded |
| 2023 | Reached 758 employees (November 2023) | Not recorded |
| 2023 | Reached 758 employees (September 2023) | Not recorded |
| 2023 | Reached 758 employees (January 2023) | Not recorded |
| 2022 | Reached 736 employees (November 2022) | Not recorded |
| 2022 | Reached 736 employees (January 2022) | Not recorded |
| 2021 | Reached 254 employees (November 2021) | Not recorded |
| 2021 | Reached 254 employees (September 2021) | Not recorded |
| 2021 | Reached 465 employees (August 2021) | Not recorded |
| 2020 | Reached 156 employees (November 2020) | Not recorded |
| 2020 | Reached 156 employees (September 2020) | Not recorded |
Frequently Asked Questions about Papaya Global
What is Papaya Global's revenue?
As of 2024, Papaya Global generated an estimated $145.1M in annual revenue.
What is Papaya Global's valuation?
As of 2021, Papaya Global was valued at $3.5B.
When was Papaya Global founded?
Papaya Global was founded in 2016.
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 across 7 rounds.
How many employees does Papaya Global have?
As of 2025, Papaya Global had 795 employees.
Where is Papaya Global headquartered?
Papaya Global is headquartered in New York, New York, United States.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Deel
Deel helps thousands of companies expand globally with unmatched speed and flexibility. It's global...
Globalization Partners
G-P helps growing companies unlock their full potential by making it possible to build highly...
Remote
Remote is a global employment platform founded in 2019 by Job van der Voort and Marcelo Lebre that...
Oyster
Talent without borders - Oyster makes it easy to hire, pay, and give great benefits to your...
Alation
Alation is a data intelligence platform that helps organizations to find, understand, and use their...
Newsela
Newsela is a literacy educational technology company that provides online news content to K-12...
