DadeSystems

Acquired

Home | Versapay

Miami, United States · Founded 2011 · $9.0M raised

Headquarters
Miami, California
Employees
11–50
Founded
2011
Business Model
B2B
Total Funding
$9.0M
Last Round
$9.0M Series DJan 2020
Rounds
1
Acquisition Date
Apr 2022

About

DadeSystems, founded in 2011 and headquartered in Miami, Florida, was a financial technology company providing accounts receivable (AR) automation solutions for banks, credit unions, manufacturers, property management firms, and distributors. Its flagship product, DadePay AR Automation, leveraged machine learning, optical character recognition, and patented AI technology to automatically match incoming payments to open invoices, reducing manual processing and accelerating cash flow. The company offered a suite of products including DadePay Mobile, DadePay ePayments, DadePay Virtual Lockbox, and DadePay Remote Deposit Capture before being acquired by Versapay in April 2022.

Summary

DadeSystems is a Fintech company based in Miami, United States, founded in 2011. It has raised $9.0M in total across 1 round, most recently a $9.0M Series D round in Jan 2020.

Tech & App Stack

5 technologies & apps tracked

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Funding History

AcquisitionAcquisition by VersapayApr 2022

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Series D through Acquisition — per-round amounts, valuations, and who invested in each round.

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