AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. | |||
Founding Date | Founding Date 2000 | Founding Date 2012 | Founding Date 1984 |
Type | Type Public | Type Public | Type Public |
Tags | |||
Locations | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, 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 1,600 | Employees 2,2002% increase | Employees 38,00010% decrease |
Valuation ($) | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) 70.5 b |
Financial | |||
Revenue (est.) | Revenue (est.) $438.9m (FY, 2024) | Revenue (est.) $2.2b (FY, 2025) | Revenue (est.) $21.2b (FY, 2025) |
Cost of goods | Cost of goods $121.8m (FY, 2024) | Cost of goods $263m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $317.2m (FY, 2024) | Gross profit $1.9b (FY, 2025) | Gross profit N/A |
Net income | Net income $8.1m (FY, 2024) | Net income ($1b) (FY, 2025) | Net income $3.5b (FY, 2025) |
Funding | |||
Total funding raised | Total funding raised $ 1.1b | Total funding raised $ 1.3b | Total funding raised N/A |
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