AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. | ![]() Zelis Healthcare Zelis Healthcare (formerly Stratose) is a technology company that provides claim cost management and payment solutions. | ||||||
Founding Date | Founding Date 2004 | Founding Date 2011 | Founding Date 2000 | Founding Date 2009 | Founding Date 1995 | Founding Date 2012 | Founding Date 1984 |
Type | Type Public | Type Private | Type Public | Type Subsidiary | Type Private | Type Public | Type Public |
Tags | |||||||
Locations | Locations Charlotte, US HQ Richmond Hill, CA Charlotte, US Redmond, US | Locations Rockville, US HQ Sydney, AU Bangalore, IN Chennai, IN Chennai, IN Dublin, IE Amsterdam, NL see more | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US | Locations San Francisco, US HQ London, GB Boulder, US | Locations Boston, US HQ Hyderabad, IN Atlanta, US Morristown, US Plano, US St. Louis, US St. Petersburg, US | Locations San Francisco, US HQ Vancouver, CA Chicago, US | Locations Milwaukee, US HQ Sydney, AU Mississauga, CA Oakville, CA Bogotá, CO Hong Kong, HK Bengaluru, IN see more |
Employees | Employees 1,26013% increase | Employees 1,190 | Employees 1,600 | Employees 3391% increase | Employees 2,9344% increase | Employees 2,2002% increase | Employees 38,00010% decrease |
Valuation ($) | Valuation ($) 3.1 b | Valuation ($) 1.4 b | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 70.5 b |
Financial | |||||||
Revenue (est.) | Revenue (est.) $1.2b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) $438.9m (FY, 2024) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) $2.2b (FY, 2025) | Revenue (est.) $21.2b (FY, 2025) |
Cost of goods | Cost of goods $900.2m (FY, 2025) | Cost of goods N/A | Cost of goods $121.8m (FY, 2024) | Cost of goods N/A | Cost of goods N/A | Cost of goods $263m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $296.3m (FY, 2025) | Gross profit N/A | Gross profit $317.2m (FY, 2024) | Gross profit N/A | Gross profit N/A | Gross profit $1.9b (FY, 2025) | Gross profit N/A |
Net income | Net income $66.9m (FY, 2025) | Net income N/A | Net income $8.1m (FY, 2024) | Net income N/A | Net income N/A | Net income ($1b) (FY, 2025) | Net income $3.5b (FY, 2025) |
Operating ⚠ | |||||||
Integrations | Integrations 400 (FY, 2022) | Integrations 60 (Aug, 2023) | Integrations 240 (FY, 2023) | Integrations N/A | Integrations N/A | Integrations N/A | Integrations N/A |
Partners | Partners N/A | Partners 19 (Aug, 2023) | Partners N/A | Partners 48 (Aug, 2023) | Partners N/A | Partners N/A | Partners N/A |
Subscription Plans | Subscription Plans N/A | Subscription Plans 3 (Aug, 2023) | Subscription Plans N/A | Subscription Plans 3 (Aug, 2023) | Subscription Plans N/A | Subscription Plans N/A | Subscription Plans N/A |
Total Payment Volume | Total Payment Volume N/A | Total Payment Volume N/A | Total Payment Volume $19.9b (Q1, 2024) | Total Payment Volume $12b (Aug, 2023) | Total Payment Volume N/A | Total Payment Volume N/A | Total Payment Volume N/A |
Trademark Applications (US) | Trademark Applications (US) 16 (FY, 2022) | Trademark Applications (US) N/A | Trademark Applications (US) N/A | Trademark Applications (US) N/A | Trademark Applications (US) 10 (Sep, 2025) | Trademark Applications (US) 23 (Mar, 2024) | Trademark Applications (US) N/A |
Trademarks | Trademarks 15 (FY, 2022) | Trademarks 3 (Aug, 2023) | Trademarks N/A | Trademarks 1 (Aug, 2023) | Trademarks N/A | Trademarks N/A | Trademarks N/A |
Transactions Processed | Transactions Processed 115.4 m (Q3, 2023) | Transactions Processed N/A | Transactions Processed 19.3 m (Q1, 2024) | Transactions Processed N/A | Transactions Processed N/A | Transactions Processed N/A | Transactions Processed N/A |
Types of Solutions | Types of Solutions N/A | Types of Solutions 4 (Aug, 2023) | Types of Solutions N/A | Types of Solutions N/A | Types of Solutions 8 (Sep, 2025) | Types of Solutions N/A | Types of Solutions N/A |
Funding | |||||||
Total funding raised | Total funding raised $ 3.6m | Total funding raised $ 218.2m | Total funding raised $ 1.1b | Total funding raised $ 39.1m | Total funding raised $ 20.5m | Total funding raised $ 1.3b | Total funding raised N/A |
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