Versapay

Miami, United States Founded: 2006 • Age: 20 yrs Acquired By Great Hill Partners
Cloud-based B2B accounts receivable solutions are offered.
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Versapay

Versapay is a company based in Miami (United States) founded in 2006 was acquired by Great Hill Partners in December 2019. Versapay has completed 2 acquisitions, including DadeSystems and Solupay. Versapay offers products and services including Collaborative AR, Cash Application, and ERP Payments. Versapay operates in a competitive market with competitors including Esker, Plooto, Notch, Gamut Infosystems Limited and Decision Engines, among others.

  • Headquarter Miami, United States
  • Stage Public
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Solupay Consulting, Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $9.2 M (USD), Post-IPO

    Oct 18, 2018

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    DadeSystems

    & 1 more

  • Acquired by
    Great Hill Partners

    (Dec 13, 2019)

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Products & Services of Versapay

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

Product name locked
Category locked
Primary

Automates accounts receivable tasks with customer collaboration tools.

Product name locked
Category locked
Locked

Matches payments to invoices using AI for efficient processing.

Product name locked
Category locked
Locked

Enables payments acceptance within ERP systems for businesses.

People of Versapay

Headcount 50-200
Employee Profiles 99
Employee Profiles
People
Sufian Mrayyan
Senior Accountant
People
Rimple Sumer
Senior People Partner (canada And Usa)
People
Spencer Robinson
General Counsel
People
Anushka D.
Payments Compliance Analyst

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Funding Insights of Versapay

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
Investor Description Founded Year Domain Location
Business acquisitions are targeted by the private equity firm.
Locked Locked Locked
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Investor details for Versapay

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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.

Investments
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Investment portfolio details for Versapay

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Accounts receivable payments are automated via DadePay solutions.
Locked Locked 2011 Locked
Payment processing services are provided to businesses by Solupay.
Locked Locked 2004 Locked
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Complete acquisition details for Versapay

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Versapay

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Detailed financials for Versapay

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  • Profit trends
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  • Financial ratios

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Versapay Comparisons

Versapay Primary company
Description
Cloud-based B2B accounts receivable solutions are offered.
Location
Miami, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Versapay

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Competitors of Versapay

Versapay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Esker, Plooto, Notch, Gamut Infosystems Limited and Decision Engines, among others.

Company Name Domain Founded year HQ Location Description
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AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
Locked Locked Locked
Cloud-based B2B payments are enabled for accounts payable and receivable.
Locked Locked Locked
Accounts receivable automation software is provided by Notch.
Locked Locked Locked
Accounting and ERP management solutions are provided for businesses.
Locked Locked Locked
An AI-based platform for end-to-end process automation is provided.
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Detailed competitors of Versapay

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Latest news on Versapay

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Complete news archive for Versapay

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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 current CEO of Versapay.

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, Plooto and PaySprint.

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.

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