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Versa

YC S22

New York City, US · Founded 2022 · 2 employees · 11 known investors

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Versa provides a receipt capture and reconciliation platform for corporate travel and expense management. It automatically captures itemized receipts from merchants, reconciles them in real-time, and integrates with expense tracking apps to enable compliance automation, VAT recovery, and fraud reduction.

Also known as Bend Technology, Inc. · Bend

Enterprise SoftwareFintechSaaSUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S22)

Versa was founded in 2022 by Ted Power and Thomas Moore.

TPTed Power
Ted PowerCo-FounderTed Power is the co-founder of Versa and previously co-founded Abacus. He has held roles at Google, Venmo, and Foursquare.
TMThomas Moore
Thomas MooreCo-FounderThomas Moore is a co-founder of Versa and previously worked as an engineer at Abacus. He has roots in Redmond and is based in Brooklyn.

Investors · 11

S3 Ventureslisted by S3 VenturesAustin · $500K – $15M

How we know: S3 Ventures's portfolio page · press coverage · Not right? Tell us

Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: Y Combinator's founder network · somacap.com · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Andreessen HorowitzreportedMenlo Park · $500K – $50M

How we know: Y Combinator's founder network · Not right? Tell us

CharacterreportedMilwaukee · $2M

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Kleiner PerkinsreportedMenlo Park · $500K – $15M

How we know: Y Combinator's founder network · Not right? Tell us

Maiora Rebel Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Rebel FundreportedSan Francisco · $100K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Refactor CapitalreportedBurlingame · $1M – $2M

How we know: Y Combinator's founder network · Not right? Tell us

Xtripe Angelsreported

How we know: Y Combinator's founder network · Not right? Tell us

Related companies · 6

FinchFinch provides an API platform for applications to securely access employer and employee data with explicit consent, serving businesses that need workforce data integration. The company prioritizes enterprise-grade security, encryption, and compliance standards.
SlopeSlope provides a B2B payments platform that enables businesses to accept payments and offer financing, with a focus on digitizing the order-to-cash process for online commerce. The company uses generative AI to modernize traditionally manual B2B payment workflows.
ViceversaViceversa provides embedded financial infrastructure that lets SaaS platforms and marketplaces offer funding, such as revenue-based financing, to their users directly within their own apps. The company handles risk assessment, regulatory compliance, and capital management so platforms can add growth capital without building the infrastructure themselves.
PestoPesto Mastercard offers affordable credit for people with poor or limited credit history, positioning itself as an alternative to high-cost pawn loans. The product allows users to build credit history and improve credit scores through regular, on-time payments.
EmburseEmburse is a travel and expense management platform that helps organizations automate T&E processes, improve compliance, and gain spending visibility. The company serves enterprise teams managing corporate travel and expense administration.
SiftSift provides an AI-powered platform for fraud prevention and risk decisioning that helps digital businesses detect and manage online fraud. The platform serves companies across industries looking to reduce fraud losses while enabling secure growth.

Companies working in the same space as Versa.

Legal entities · 1

corporate structure
Bend Technology, Inc.

In the news

Versa: Smart B2B receiptsycombinator.com · Jul 2024Bend - A corporate card built for climate-friendly businesses ($100 to try it)ycombinator.com · Apr 2023Bend ⚡ 1-click Carbon Accountingycombinator.com · Jun 2022

Frequently asked questions

What does Versa do?
Versa provides a receipt capture and reconciliation platform for corporate travel and expense management. It automatically captures itemized receipts from merchants, reconciles them in real-time, and integrates with expense tracking apps to enable compliance automation, VAT recovery, and fraud reduction.
Who founded Versa?
Versa was founded by Ted Power, Thomas Moore in 2022.
Who are Versa's investors?
Versa's investors include Collaborative Fund, S3 Ventures, Soma Capital, Y Combinator, Andreessen Horowitz, Character, Kleiner Perkins, Maiora Rebel Ventures and 3 more.
Where is Versa headquartered?
Versa is headquartered in New York City, US.