.
MergerLinks Header Logo

Announced

Completed

GreenOaks Capital led a $100m Series C in Papaya Global.

Financials

Edit Data
Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Online and Social Platforms

management platform

Private Equity

Private

Friendly

Venture Capital

Domestic

United States

Acquisition

Completed

Minority

Single Bidder

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US