AvidXchange specializes in automating invoice and payment processes. The Company provides accounts payable solutions that streamline invoice capture, intelligently route approvals and automate payments reducing costs, improving productivity and eliminating paper from the process.
Type
Private
HQ
Charlotte, US
Founded
2000
Size (employees)
852 (est)+2%
AvidXchange was founded in 2000 and is headquartered in Charlotte, US
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Key People/Management at AvidXchange

Joel Wilhite

Joel Wilhite

CFO
Chris Tinsley

Chris Tinsley

Chief Technology Officer
Steve Boehm

Steve Boehm

COO
Red Maxwell

Red Maxwell

Chief Marketing Officer
Serdar Dincaslan

Serdar Dincaslan

SVP of Supplier Financing Offerings
Ryan Stahl

Ryan Stahl

General Counsel, SVP
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AvidXchange Office Locations

AvidXchange has offices in Charlotte, Franklin Township, Holladay, Houston and in 3 other locations
Charlotte, US (HQ)
650 1111 Metropolitan Ave
Charlotte, US
817 Hamilton St
Franklin Township, US
401 1 Executive Dr
Holladay, US
150 6415 S 3000 E
Houston, US
209 410 Pierce St
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AvidXchange Financials and Metrics

Summary Metrics

AvidXchange's latest funding round in June 2017 was reported to be $300 m. In total, AvidXchange has raised $545.3 m. AvidXchange's latest valuation is reported to be $1 b.
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AvidXchange Financials

Market valuation

1 b
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AvidXchange Online and Social Media Presence

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AvidXchange News and Updates

AvidXchange CEO Michael Praeger Talks M&A And IPO Prospects

AvidXchange is one of the most well-capitalized startups in the fintech space, with nearly $575M in funding, including a recent $300M infusion from investors including Temasek Holdings, Peter Theil, and Mastercard. The Charlotte, North Carolina-based company provides automated bill payment and …

AvidXchange Selects Profisee to Support Data Management Initiatives

ATLANTA, June 14, 2018 /PRNewswire/ -- Profisee, a leading modern data management technology company, announced today, AvidXchange, a leading fintech provider of accounts payable (AP) and payment solutions, has selected the Profisee Platform® to support their enterprise data management...

CDPQ co-leads $300 mln growth financing of AvidXchange

Caisse de dépôt et placement du Québec has made a $100 million growth equity investment in AvidXchange, a Charlotte, North Carolina-based provider of accounts payable and payment automation solutions. The investment was part of a $300 million funding round with contributions from Mastercard, Temasek…

Fintech AvidXchange raises $300 million from Caisse, Mastercard: statement

(Reuters) - AvidXchange, a software company that helps mid-sized companies automate their invoicing and bill payments, said on Thursday it raised $300 million from investors including Mastercard , Silicon valley investor Peter Thiel and Canada's second largest public pension fund.
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