AvidXchange Competitors and Similar CompaniesClear all
AvidXchange's competitors and similar companies include Paymentus and Billtrust.
 AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. |  Billtrust Billtrust (also known as BTRS Holdings) is a company that develops an AI-powered accounts receivable (AR) platform. | ||
Founding Date | Founding Date 2000 | Founding Date 2004 | Founding Date 2001 |
Type | 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 Trenton, US HQ Ghent, BE Amsterdam, NL Kraków, PL Hamilton Township, US West Sacramento, US |
Employees | Employees 1,600 | Employees 1,26013% increase | Employees 8761% decrease |
Valuation ($) | Valuation ($) 1.7 b | Valuation ($) 3.1 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $438.9m (FY, 2024) | Revenue (est.) $1.2b (FY, 2025) | Revenue (est.) $166.4m (FY, 2021) |
Cost of goods | Cost of goods $121.8m (FY, 2024) | Cost of goods $900.2m (FY, 2025) | Cost of goods $71.9m (FY, 2021) |
Gross profit | Gross profit $317.2m (FY, 2024) | Gross profit $296.3m (FY, 2025) | Gross profit $94.5m (FY, 2021) |
Net income | Net income $8.1m (FY, 2024) | Net income $66.9m (FY, 2025) | Net income ($61.2m) (FY, 2021) |
Operating ⚠ | |||
Integrations | Integrations 240 (FY, 2023) | Integrations 400 (FY, 2022) | Integrations N/A |
Trademark Applications (US) | Trademark Applications (US) N/A | Trademark Applications (US) 16 (FY, 2022) | Trademark Applications (US) 4 (May, 2024) |
Transactions Processed | Transactions Processed 19.3 m (Q1, 2024) | Transactions Processed 115.4 m (Q3, 2023) | Transactions Processed N/A |
Funding | |||
Total funding raised | Total funding raised $ 1.1b | Total funding raised $ 3.6m | Total funding raised $ 305m |
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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 companyBilltrust
HQ
Trenton, US
Employees
876↓ 1% decrease
Billtrust (also known as BTRS Holdings) is a company that develops an AI-powered accounts receivable (AR) platform.
View company