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 Sep 30, 2026, the latest employee count at Papaya is 17.

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 77th amongst 278 active competitors, of which 61 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Bacancy Systems, which secured $4.22M in Mar, 2026.

Who are the top competitors of Papaya?

Papaya's top competitors include Emo Energy, Qnovo and Standard Fleet. Among them, Bacancy Systems secured the most recent funding round in March, 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 & 12 more

Ranked

77^th among 278 active competitors

Employee Count

17 as on Sep 30, 2026

Similar Companies

Standard Fleet & 197 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	Reports
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 7 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	9674569	Seed	7177163	7013700	8305788	7531760

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View details of Papaya's funding rounds and investors

Papaya's employee count trend

Papaya has 17 employees as of Sep 26. Here is Papaya's employee count trend over the years:

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Top competitors of Papaya include Emo Energy, Qnovo and Standard Fleet. 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	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 49 others	67/100
2nd	Qnovo 2009, Milpitas (United States), Series C	Battery management software for the e-mobility sector	$40M	USVP, RockPort Capital & 13 others	63/100
3rd	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	61/100
4th	Bosch eBike Systems 2012, Stuttgart (Germany), Unfunded	Electric drive systems for bicycles	-	-	60/100
5th	Breathe Battery Technologies 2019, London (United Kingdom), Series B	Physics-based battery management software	$31M	Kinnevik, Lowercarbon Capital & 5 others	60/100
6th	Bacancy Systems 2021, Ahmedabad (India), Series A	Embedded engineering and manufacturing solutions for IoT, healthcare, and e-mobility industries	$4.22M	Sabre Partners, Greenstone Capital	59/100
7th	Twaice 2018, Munich (Germany), Series B	Developer of battery energy storage analytics software for asset management	$71.5M	Coatue, Creandum & 13 others	59/100
8th	Electra Vehicles 2015, Boston (United States), Acquired	Battery management system for electric vehicles	$24.6M	United Ventures, Blackberry & 12 others	58/100
9th	Fazua 2011, Munich (Germany), Acquired	Developer of e-bike drive system	$14.5M	HTGF, Bayern Kapital & 9 others	55/100
10th	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 & 8 others	57/100
77th	Papaya 2022, London (United Kingdom), Seed	Provider of electric fleet management solutions	$3.8M	Seedcamp, FJ Labs & 11 others	32/100