Versapay
2024 Revenue
$42M
Customers
47K
Funding
$0
YOY
96.1%
Avg ACV
$893
Team
359
How Versapay CEO Carey Kolaja grew Versapay to $42M revenue and 47K customers in 2024.
For growing businesses that need to accomplish more with less, Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B2B payments, and streamlining cash application with AI. Versapay integrates natively with top ERPs, while allowing businesses to collect with a self-serve payment portal and collaborate with customers and teammates to resolve what automation alone can’t. Distinct from solutions built for Fortune 500s, Versapay provides responsive support, fast implementations, and the flexibility to start with what you need and add more as you grow. Owned by Great Hill Partners, Versapay’s employee base spans the U.S. and Canada with offices in Atlanta and Miami. With 10,000 customers and 5M+ companies transacting, Versapay facilitates 110M+ transactions and processes $170B+ annually.
Last updated
Versapay Revenue
In 2024, Versapay's revenue reached $42M. The company previously reported $21.4M in 2023. Since its launch, Versapay has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Versapay Hit $42m revenue in October 2024 | |
| 2023 | Versapay Hit $21.4m revenue in December 2023 | |
| 2021 | Versapay Hit $19.7m revenue in April 2021 |
Versapay Valuation, Funding Rounds
Versapay is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup that has reached $42M in revenue with no outside investment.
No funding has been reported for Versapay yet.
Versapay Employees & Team Size
Versapay employs approximately 359 people as of 2026, up from 357 in 2023.
Versapay has 359 total employees in different roles and functions and 26 sales reps that carry a quota. They have 47K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 359 employees (December 2024) |
| 2024 | Reached 365 employees (October 2024) |
| 2023 | Reached 357 employees (December 2023) |
| 2023 | Reached 357 employees (July 2023) |
| 2022 | Reached 366 employees (December 2022) |
| 2021 | Reached 394 employees (December 2021) |
| 2021 | Reached 234 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Versapay acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Versapay
What is Versapay's revenue?
Versapay generates $42M in revenue.
Who founded Versapay?
Versapay was founded by Carey Kolaja.
Who is the CEO of Versapay?
The CEO of Versapay is Carey Kolaja.
How much funding does Versapay have?
Versapay raised $0.
How many employees does Versapay have?
Versapay has 359 employees.
Where is Versapay headquarters?
Versapay is headquartered in Miami, Florida, United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .