- Papaya Global, a Tel Aviv, Israel-based workforce management platform, raised $100m in Series C funding, bringing the company’s valuation across $1 billion
- The new investment follows Papaya’s $40m Series B funding announced less than 6 months ago
- The new round, which brought total funding to $190m, was led by GreenOaks Capital Partners and joined by IVP Ventures and Alkeon, with participation from existing investors
- The company will alsouse the new funding to meet the demand for its global workforce management platform and invest in its product, engineering and go-to-market teams
- The automated, cloud-based SaaS platform also provides an end-to-end solution, from onboarding to on-going management and cross-border payments
- The platform integrates with all existing HRIS management tools, provides real-time business intelligence, and eliminates errors
