Fundraising Fox

Versa

YC S22

New York City, US · Founded 2022 · 2 employees · 3 known investors

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

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 Powerin𝕏Co-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 MooreinCo-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 · 3

Y CombinatorSan Francisco · $500K
CharacterreportedMilwaukee · $2M
S3 VenturesreportedAustin · $500K – $15M

In the news

Versa Vascular Secures $27.3M Oversubscribed Series C Funding and Appoints David Hovda as CEO to Advance Novel Tricuspid Valve Repair Technology — S3 Ventures: Born in Texas, Investing Nationwides3vc.com · Dec 2025Versa: Smart B2B receiptsycombinator.com · Jul 2024How a new class of climate startups could get a boost from the SEC | TechCrunchtechcrunch.com · Mar 2024Versa Networks Secures $120M Financing Led by BlackRockversa-networks.com · Jul 2023Bend offers carbon offsets to combat corporate spend | TechCrunchtechcrunch.com · May 2023Bend - A corporate card built for climate-friendly businesses ($100 to try it)ycombinator.com · Apr 2023Versa Networks raises $120 million led by BlackRock, eyeing IPO | Reutersreuters.com · Oct 2022Versa raises $120M for its software-defined networking and security stack | TechCrunchtechcrunch.com · Oct 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 Y Combinator, Character, S3 Ventures.
Where is Versa headquartered?
Versa is headquartered in New York City, US.