Gunderson Dettmer represented client Greenoaks Capital as an investor in the $250 million Series D financing of Papaya Global, an industry-leading workforce management platform transforming global employment.

In the announcement of the transaction, co-founder and CEO of Papaya Eynat Guez said, “2021 is a breakthrough year for Papaya. We set a new standard for global payroll management by introducing our ‘Total Payroll’ offering, a technology solution for managing all global payroll activities through a single panel, including equity and benefits. This latest round of funding, which follows our Series C only six months ago, will allow Papaya to continue its hyper growth as we expand globally.”

The Gunderson Dettmer teams were led by Steve Baglio and included Hilary Adams and Jeff Adler.

Companies:
Greenoaks Capital
Papaya Global