AvidXchange Competitors and Similar CompaniesClear all
AvidXchange's competitors and similar companies include Nexus Systems, BILL and OFX.
 AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. |  Nexus Systems Nexus Systems is a company developing an accounts payable and payments automation platform. |  BILL BILL Holdings (formerly known as BDC Payments Holdings) is a company that provides cloud-based financial automation software solutions. |  OFX OFX (formerly known as OzForex Group) is a company that provides payments and foreign exchange solutions. | |
Founding Date | Founding Date 2000 | Founding Date 1999 | Founding Date 2006 | Founding Date 1998 |
Type | Type Public | Type Subsidiary | Type Public | Type Public |
Tags | ||||
Locations | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US | Locations Falls Church, US HQ | Locations San Jose, US HQ Houston, US | |
Employees | Employees 1,600 | Employees 2221% decrease | Employees 2,26910% decrease | Employees 690 |
Valuation ($) | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) 5.3 b | Valuation ($) 361.2 m |
Financial | ||||
Revenue (est.) | Revenue (est.) $438.9m (FY, 2024) | Revenue (est.) $16.1m (FY, 2020) | Revenue (est.) $1.5b (FY, 2025) | Revenue (est.) $187.5m (FY, 2026) |
Cost of goods | Cost of goods $121.8m (FY, 2024) | Cost of goods N/A | Cost of goods $272.1m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $317.2m (FY, 2024) | Gross profit N/A | Gross profit $1.2b (FY, 2025) | Gross profit $191.6m (FY, 2026) |
Net income | Net income $8.1m (FY, 2024) | Net income N/A | Net income $23.8m (FY, 2025) | Net income ($391k) (FY, 2026) |
Operating ⚠ | ||||
Enterprise Customers | Enterprise Customers 8 k (FY, 2023) | Enterprise Customers N/A | Enterprise Customers 455.3 k (Q3, 2023) | Enterprise Customers N/A |
Integrations | Integrations 240 (FY, 2023) | Integrations 8 (Mar, 2023) | Integrations N/A | Integrations N/A |
Total Payment Volume | Total Payment Volume $19.9b (Q1, 2024) | Total Payment Volume N/A | Total Payment Volume $64.7b (Q3, 2023) | Total Payment Volume N/A |
Transactions Processed | Transactions Processed 19.3 m (Q1, 2024) | Transactions Processed N/A | Transactions Processed 21.4 m (Q3, 2023) | Transactions Processed N/A |
Funding | ||||
Total funding raised | Total funding raised $ 1.1b | Total funding raised $ 28m | Total funding raised $ 2b | Total funding raised N/A |
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Nexus Systems
HQ
Falls Church, US
Nexus Systems is a company developing an accounts payable and payments automation platform.
View companyBILL
HQ
San Jose, US
Employees
2,269↓ 10% decrease
BILL Holdings (formerly known as BDC Payments Holdings) is a company that provides cloud-based financial automation software solutions.
View companyOFX
HQ
Sydney, AU
Employees
690
OFX (formerly known as OzForex Group) is a company that provides payments and foreign exchange solutions.
View company