When was Papaya founded?

Papaya was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Papaya located?

Papaya is headquartered in London, United Kingdom.

Which legal entities is Papaya associated with?

Papaya is associated with PAPAYA TECHNOLOGIES LTD.

How many employees does Papaya have?

As of Mar 31, 2026, the latest employee count at Papaya is 15.

Is Papaya a funded company?

Papaya is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 27, 2022.

How much is Papaya worth?

The latest valuation of Papaya is £***** as of May 27, 2022.

When was the latest funding round of Papaya?

Papaya's latest funding was a $***** Seed round on May 27, 2022, with participation from 12 investors.

Where does Papaya rank among its competitors?

Papaya ranks 95th amongst 252 active competitors, of which 58 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Twaice, which secured $28.3M in Feb, 2026.

Who are the top competitors of Papaya?

Papaya's top competitors include Vecmocon, Twaice and Electrifuel. Among them, Twaice secured the most recent funding round in February, 2026.

Papaya - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Provider of electric fleet management solutions. It offers s vehicle management system that connects fleet operators directly to the service providers and helps in optimizing vehicle uptime and utilization across hubs and service providers. The platform provides features like a management dashboard, process automation, reporting, data-driven decision-making, and more. The solution caters to both fleet operators and service providers.

Website: papayadash.com
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Key Metrics

Founded Year

2022

Location

London, United Kingdom

Stage

Seed

Total Funding

$3.8M in 1 round

Latest Funding Round

Seed, May 27, 2022, $*****

Post Money Valuation

£***** as on May 27, 2022

Investors

Seedcamp & 11 more

Ranked

95^th among 252 active competitors

Employee Count

15 as on Mar 31, 2026

Similar Companies

Vecmocon & 178 more

View Papaya's full profile

Papaya is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAPAYA TECHNOLOGIES LTD CIN: 13894704 , United Kingdom, Active		-	14 (As on Dec 31, 2024)

Papaya has raised a total funding of $3.8M over 1 round. Its latest funding round was a Seed round on May 27, 2022 for $*****. 12 investors participated in its latest round. Papaya has 6 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Papaya:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 27, 2022	6435127	Seed	8306223	5652430	8074353	8814033

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View details of Papaya's funding rounds and investors

Papaya's employee count trend

Papaya has 15 employees as of Mar 26. Here is Papaya's employee count trend over the years:

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Top competitors of Papaya include Vecmocon, Twaice and Electrifuel. Here is the list of Top 10 competitors of Papaya, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vecmocon 2016, Noida (India), Series A	Developer of battery management systems, chargers, vehicle intelligence modules, and clusters	$24M	Tiger Global Management, Blume Venture & 30 others	65/100
2nd	Twaice 2018, Munich (Germany), Series B	Developer of battery energy storage analytics software for asset management	$71.5M	Coatue, Creandum & 13 others	62/100
3rd	Electrifuel 2017, Gurugram (India), Seed	Platform offering smart battery management systems, telematics, chargers, and software	$443K	Ramakrishna Electro Components, Udayavani ... & 38 others	61/100
4th	Fazua 2011, Munich (Germany), Acquired	Developer of e-bike drive system	$14.5M	HTGF, Bayern Kapital & 9 others	57/100
5th	Volteras 2020, London (United Kingdom), Series A	SaaS-based end-to-end fleet management solutions for electric vehicles	$17.5M	Volvo Group, Union Square Ventures & 7 others	61/100
6th	Breathe Battery Technologies 2019, London (United Kingdom), Series B	Physics-based battery management software	$31M	Kinnevik, Lowercarbon Capital & 5 others	60/100
7th	Standard Fleet 2021, Walnut (United States), Series A	SaaS-driven provider of EV fleet management solutions	$20M	Canvas Ventures, Alex and Bart's Angel Fund ... & 25 others	60/100
8th	Brill Power 2015, Oxford (United Kingdom), Acquired	BMS for utilizing multiple types of lithium batteries to develop battery packs	$16.4M	Barclays, Legal & General Capital & 18 others	59/100
9th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$7.86M	Subhkam Ventures, Sat Industries & 44 others	57/100
10th	suena 2021, Hamburg (Germany), Series A	AI and SaaS-based battery optimization and trading platform	$14M	Eneco, EIT InnoEnergy & 18 others	56/100
95th	Papaya 2022, London (United Kingdom), Seed	Provider of electric fleet management solutions	$3.8M	FJ Labs, Giant Ventures & 10 others	32/100