Versa — Startup Profile

Smart receipts for business spend

HQ: New York, NY | Founded: 2022 | Employees: 2 | Stage: Seed | Website: https://www.versa.org

About

Versa is a smart receipt network. Merchants securely send purchase details to buyers, automating IRS/VAT-compliant receipt capture. Eliminates manual receipt handling. Reduces chargebacks. Integrates with expense management platforms. Founded by Ted Power (co-founder of Abacus YC W14, ex-Google, Venmo, Foursquare) and Thomas Moore (ex-Abacus engineer). YC S22. SOC 2. NYC.

The Take

Serial founder team (ex-Abacus YC W14) tackling receipt compliance. Merchant-owned network model is novel. SOC 2 certified early. Small team but solving a real pain point.

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