Announced
Completed
Financials
Tags
Online and Social Platforms
management platform
Private Equity
Private
Friendly
Venture Capital
Domestic
United States
Acquisition
Completed
Minority
Single Bidder
Synopsis
GreenOaks Capital, a global internet investment firm, led a $100m Series C in Papaya Global, a workforce management platform, with participation from existing investors IVP Ventures, Alkeon, Insight Venture Partners, Scale Ventures, Bessemer Ventures, Dynamic Loop, New Era Ventures, Workday Ventures and Access Ventures. "Papaya Global has built a best in class solution to onboard new employees, automate payroll, and manage a global workforce through a single pane of glass. Both growing and established companies have dramatically changed their working practices in recent years, and Papaya has seen impressive growth as a result. We're excited to continue supporting them as they seek to simplify an increasingly complex challenge for some of the world's biggest companies," Patrick Backhouse, Greenoaks Capital Partner.
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