AvidXchange Competitors and Similar CompaniesClear all
AvidXchange's competitors and similar companies include Paymentus, BILL and Tipalti.
 AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. |  BILL BILL Holdings (formerly known as BDC Payments Holdings) is a company that provides cloud-based financial automation software solutions. | |||
Founding Date | Founding Date 2000 | Founding Date 2004 | Founding Date 2006 | Founding Date 2010 |
Type | Type Public | Type Public | Type Public | Type Private |
Tags | ||||
Locations | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US | Locations Charlotte, US HQ Richmond Hill, CA Charlotte, US Redmond, US | Locations San Jose, US HQ Houston, US | Locations Foster City, US HQ Toronto, CA Vancouver, CA Tbilisi, GE Tel Aviv, IL Amsterdam, NL London, GB see more |
Employees | Employees 1,600 | Employees 1,26013% increase | Employees 2,26910% decrease | Employees 1,3551% increase |
Valuation ($) | Valuation ($) 1.7 b | Valuation ($) 3.1 b | Valuation ($) 5.3 b | Valuation ($) 2 b |
Financial | ||||
Revenue (est.) | Revenue (est.) $438.9m (FY, 2024) | Revenue (est.) $1.2b (FY, 2025) | Revenue (est.) $1.5b (FY, 2025) | Revenue (est.) $68m (Y, 2021) |
Cost of goods | Cost of goods $121.8m (FY, 2024) | Cost of goods $900.2m (FY, 2025) | Cost of goods $272.1m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $317.2m (FY, 2024) | Gross profit $296.3m (FY, 2025) | Gross profit $1.2b (FY, 2025) | Gross profit N/A |
Net income | Net income $8.1m (FY, 2024) | Net income $66.9m (FY, 2025) | Net income $23.8m (FY, 2025) | Net income N/A |
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 400 (FY, 2022) | Integrations N/A | Integrations 74 (May, 2024) |
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 |
Trademarks | Trademarks N/A | Trademarks 15 (FY, 2022) | Trademarks 5 (FY, 2021) | Trademarks 8 (May, 2024) |
Transactions Processed | Transactions Processed 19.3 m (Q1, 2024) | Transactions Processed 115.4 m (Q3, 2023) | Transactions Processed 21.4 m (Q3, 2023) | Transactions Processed N/A |
Funding | ||||
Total funding raised | Total funding raised $ 1.1b | Total funding raised $ 3.6m | Total funding raised $ 2b | Total funding raised $ 286m |
For sources of this data, please see the company profile
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Paymentus
HQ
Charlotte, US
Employees
1,260↑ 13% increase
Paymentus Holdings is a company that provides billing and payment solutions.
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 company
Tipalti
HQ
Foster City, US
Employees
1,355↑ 1% increase
Tipalti is a company that develops a finance automation platform.
View company