Versapay

Miami, United States Founded: 2006 • Age: 20 yrs Listed Acquired By Great Hill Partners
Cloud-based B2B accounts receivable solutions are offered.

About Versapay

Versapay is a Technology company based in Miami (United States) founded in 2006, and was acquired by Great Hill Partners in December 2019. Cloud-based B2B accounts receivable solutions are offered. It operates in the Technology and Financial Services sectors. Versapay has completed 2 acquisitions, including DadeSystems and Solupay. Its chief executive, as recorded, is Carey OConnor Kolaja. Its website versapay.com draws about 437 thousand monthly visits. Versapay offers products and services including Collaborative AR, Cash Application, and ERP Payments. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Account Payables & Receivables. Its legal entity is Solupay Consulting, LLC. Its competitors include Esker and Decision Engines.

Company details

Versapay was founded in 2006 and is headquartered in Miami, United States. Operations focus on the fintech sector, where cloud-based platforms for B2B accounts receivable are provided. Services include electronic invoicing, payment options such as money transfers, pin pads, online and mobile payments, virtual terminals, electronic cash registers, ERP integrations, and cash applications. These tools support businesses in managing receivables efficiently.

Key Metrics

Products & Services of Versapay

Versapay offers a comprehensive portfolio of products and services, including Collaborative AR, Cash Application, and ERP Payments.

Collaborative AR
AR Automation

Automates accounts receivable tasks with customer collaboration tools.

Cash Application
Payment Matching

Matches payments to invoices using AI for efficient processing.

ERP Payments
Integration Services

Enables payments acceptance within ERP systems for businesses.

Funding Insights of Versapay

  • Total Rounds 4
  • Last Round Post-IPO β€” $9.2M
  • First Round $5M

    (Feb 2014)

All 4 funding rounds of Versapay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2018$9.2MPost-IPO––
–
Oct 2017$10.7MPost-IPO––
–
May 2015$4.02MPost-IPO––
–
Feb 2014$5MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Versapay

Versapay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Great Hill Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Business acquisitions are targeted by the private equity firm.
greathillpartners.comBoston, United States
Premium access

Investor details for Versapay

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Versapay

88 people are tracked at Versapay (34 in leadership, 54 in team).

NameRoleGroup
Carey OConnor Kolaja
CEO & Board MemberLeadership
Ed Neumann
Chief Financial OfficerLeadership
Rimple Sumer
Senior People Partner (canada And Usa)Leadership
Kelly Patenaude
Director Implementation ServicesLeadership
Rosemarie McKnight
Talent PartnerLeadership
Philip Pettinato
Chief Technology OfficerLeadership
Orit Kendal
Chief People OfficerLeadership
Mike Swope
Director Product ManagementLeadership
Jodi Bergman
Director Of Product ManagementLeadership
Eric E.
Vice President, People OperationsLeadership
Christy Johnson
Chief Product OfficerLeadership
Ryan Sanders
Sr. Director, Site Reliability EngineeringLeadership
Jonathan Cooper
Vice President Of EngineeringLeadership
Kyle Waltz
VP Of Engineering, Payments & IntegrationsLeadership
Heath Spangler
VP EngineeringLeadership
Ketan N.
Senior Director, Software ArchitectureLeadership
Anthony Appel
Director Information SecurityLeadership
Subbu Yeleswarapu
Vice President, Product Delivery & Product OpsLeadership
Adam Leidhecker
Director, Demand GenerationLeadership
Sam Anderson
Director, Financial Planning And AnalysisLeadership

68 more people are available in the full profile.

Premium access

Complete people profiles for Versapay

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Versapay

Versapay has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DadeSystems and Solupay.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Accounts receivable payments are automated via DadePay solutions.
dadesystems.comMiami, United States2011Apr 2022β€’β€’β€’β€’
Payment processing services are provided to businesses by Solupay.
solupay.comTwinsburg, United States2004Oct 2020β€’β€’β€’β€’
Premium access

Complete acquisition details for Versapay

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Versapay

7 dated milestones of Versapay across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Versapay is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $5.0M.
  4. Funding Latest funding round, Post-IPO, of $9.2M.
  5. Exit Acquired by Great Hill Partners.
  6. Acquisition Acquires Solupay.
  7. Acquisition Acquires DadeSystems.

Competitors of Versapay

Versapay has 2 listed competitors in our database. They include Esker and Decision Engines.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
esker.com1985Middleton, United States223
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
decisionengines.ai2017Palo Alto, United States1
An AI-based platform for end-to-end process automation is provided.
Premium access

Detailed competitors of Versapay

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Versapay

The website of Versapay (versapay.com) receives about 437.3K visits a month and ranks #77,637 among all websites worldwide, #4,911 in Finance.

  • Monthly visits
    437.3K

    ▼ 4.3% vs previous month

  • Unique visitors
    183.9K

    per month

  • Global rank
    #77,637

    among all websites

  • Category rank
    #4,911

    Finance · Finance

Similar websites

Websites whose visitors overlap most with Versapay. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
highradius.com
100%
415K#104,768View details
resolvepay.com
97%
47K#686,657View details
finix.com
93%
85.4K#470,243View details
betterthancash.org
90%
7.2K#2,923,062View details
aciworldwide.com
90%
134.5K#343,358View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 40 similar websites and full traffic analytics for Versapay

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Finance & Accounting Applications

3 companies that operate in the same segment as Versapay (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Versapay

Premium access

Complete news archive for Versapay

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Versapay

Versapay was founded in 2006 and raised its 1st funding round 8 years after it was founded.

Versapay is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Carey OConnor Kolaja is the CEO of Versapay, as recorded in our data.

Versapay was founded in 2006 and is headquartered in Miami, United States. Operations focus on the fintech sector, where cloud-based platforms for B2B accounts receivable are provided. Services include electronic invoicing, payment options such as money transfers, pin pads, online and mobile payments, virtual terminals, electronic cash registers, ERP integrations, and cash applications. These tools support businesses in managing receivables efficiently.

Versapay's top competitors include Esker and Decision Engines.

Versapay offers Collaborative AR, Cash Application, and ERP Payments.

Versapay has made 2 acquisitions, including DadeSystems, and Solupay.

Versapay has 1 investor. Key investors include Great Hill Partners.

Versapay operates through Solupay Consulting, Llc.

Yes. Versapay was acquired by Great Hill Partners in December 2019.

The website of Versapay receives about 437 thousand visits a month and ranks #77,637 among all websites worldwide.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available