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Based in Miami, Florida, DadeSystems provides software solutions that automate cash application and accounts receivable processes for corporations and financial institutions. Prior to its acquisition, the platform automated over $60 billion in annual payment volume and served enterprise clients, including nine of the 65 largest banks in the United States. The organization built strategic partnerships and customer relationships with major financial entities such as Wells Fargo, Fifth Third, and Fiserv. DadeSystems secured financial backing from several venture capital firms, including a $9 million Series D funding round led by Napier Park Financial Partners and a $2 million investment from Ocean Azul Partners. In April 2022, the business was acquired by Versapay to expand its accounts receivable automation capabilities across a network of more than 8,000 clients. DadeSystems was founded in 2011 by Dave Wilson.
DadeSystems has raised $11.0M across 2 funding rounds.
DadeSystems has raised $11.0M in total across 2 funding rounds.
DadeSystems has raised $11.0M in total across 2 funding rounds.
DadeSystems's investors include Daniel Kittredge, Fifth Third Capital, Ocean Azul Partners, Bill Pruitt.
DadeSystems has raised $11.0M across 2 funding rounds. Most recently, it raised $9.0M Series D in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 14, 2019 | $9M Series D | Daniel Kittredge | Fifth Third Capital, Ocean Azul Partners | Announced |
| Apr 18, 2017 | $2M Venture Round | Bill Pruitt | — | Announced |
