When was Versapay founded?

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

Where is Versapay located?

Versapay is headquartered in Miami, United States.

How many employees does Versapay have?

As of Apr 30, 2026, the latest employee count at Versapay is 366.

Is Versapay a funded company?

Versapay is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Feb 2014.

When was the latest funding round of Versapay?

Versapay's latest funding was a $***** Post IPO round on Oct 18, 2018, with participation from 0 investor.

Where does Versapay rank among its competitors?

Versapay ranks 89th amongst 4983 active competitors, of which 371 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SumUp, which secured $60M in May, 2025.

Who are the top competitors of Versapay?

Versapay's top competitors include Visma, Box and SumUp. Among them, SumUp secured the most recent funding round in May, 2025.

Versapay - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of accounts receivable automation software and integrated payment solutions. The company offers digital invoicing, cash application, collections management, and reporting and reconciliation tools. B2B payment services include ACH, credit cards, and ERP options. The platform integrates with ERP systems via open APIs or flat files.

Website: www.versapay.com/
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Key Metrics

Founded Year

2006

Location

Miami, United States

Stage

Acquired

Latest Funding Round

Post IPO, Oct 18, 2018, $*****

Investors

Ten Coves Capital & 1 more

Ranked

89^th among 4983 active competitors

Employee Count

366 as on Apr 30, 2026

Investment & Acquisitions

DadeSystems & 1 more

Similar Companies

Box & 3545 more

Exit Details

Acquired by Great Hill Partners (Dec 13, 2019)

View Versapay's full profile

Versapay got acquired by Great Hill Partners on Dec 13, 2019 at an acquisition amount of $*****.

Click here to take a look at Versapay's acquisition in detail

Versapay has raised funding over 4 rounds. Its first funding round was on Feb 2014. Versapay has 2 institutional investors.

Here is the list of recent funding rounds of Versapay:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 18, 2018	7254260	Post IPO	6461083	4069419	3548911	8031434
Oct 11, 2017	3183297	Post IPO	6426595	1895177	5671792	6239082
May 07, 2015	7777566	Post IPO	9514720	3081369	9869909	9489559

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View details of Versapay's funding rounds and investors

The founders of Versapay are Michael Gokturk and Kevin Short. Carey OConnor Kolaja is the CEO of Versapay.

Here are the details of Versapay's key team members:

Michael Gokturk: Chief Executive Officer, Founder of Versapay and founder of 1 other company. They serve on the board of 1 company.
Kevin Short: CIO & Founder of Versapay.
Craig Oneill: CEO of Versapay.
Contact Info: 1 email address

View details of Versapay's Founder profiles and Board Members

Versapay's employee count trend

Versapay has 366 employees as of Apr 26. Here is Versapay's employee count trend over the years:

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Top competitors of Versapay include Visma, Box and SumUp. Here is the list of Top 10 competitors of Versapay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Visma 1996, Oslo (Norway), Acquired	Provider of cloud-based software for businesses, accounting offices, and public sector	$198M	GIC, Norges Bank Investment Management & 26 others	82/100
2nd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, Andreessen Horowitz & 38 others	82/100
3rd	SumUp 2012, London (United Kingdom), Series E	Provider of payment solutions, point of sale systems, and financial tools	$997M	Bain Capital, Sixth Street & 49 others	81/100
4th	Nomba 2016, Lagos (Nigeria), Series B	App-based payment acceptance solutions for SMBs	$42.7M	Y Combinator, Khosla Ventures & 11 others	74/100
5th	Moveworks 2016, Mountain View (United States), Acquired	Developer of an AI assistant platform for enterprise workflow automation	$315M	Sapphire Ventures, Tiger Global Management ... & 12 others	73/100
6th	Billtrust 2001, Hamilton Township (United States), Acquired	Invoice and payment management solutions for small businesses	$105M	Riverwood Capital, Stock Capital Banker & 7 others	72/100
7th	Upland 2010, Austin (United States), Acquired	Provider of cloud software for marketing, sales, IT, and knowledge management	$31.4M	Activant Capital, Elsewhere Partners & 11 others	71/100
8th	WalkMe 2011, San Francisco (United States), Acquired	Provider of digital adoption platform	$308M	Insight Partners, Vitruvian Partners & 12 others	70/100
9th	Mynd Solutions 2002, Gurugram (India), Series B	Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffing	$28.7M	SIDBI Venture Capital, Amazon & 6 others	69/100
10th	Thryv 1986, New York City (United States), Public	Provider of SaaS-driven business management solutions	$700K	Dimensional, Marshall Wace & 5 others	68/100
89th	Versapay 2006, Miami (United States), Acquired	Provider of accounts receivable automation software and integrated payment solutions	-	Ten Coves Capital, Sixty4 Ventures	53/100