AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. | ||
Founding Date | Founding Date 2004 | Founding Date 2000 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Charlotte, US HQ Richmond Hill, CA Charlotte, US Redmond, US | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US |
Employees | Employees 1,26013% increase | Employees 1,600 |
Valuation ($) | Valuation ($) 3.1 b | Valuation ($) 1.7 b |
Financial | ||
Revenue (est.) | Revenue (est.) $1.2b (FY, 2025) | Revenue (est.) $438.9m (FY, 2024) |
Cost of goods | Cost of goods $900.2m (FY, 2025) | Cost of goods $121.8m (FY, 2024) |
Gross profit | Gross profit $296.3m (FY, 2025) | Gross profit $317.2m (FY, 2024) |
Net income | Net income $66.9m (FY, 2025) | Net income $8.1m (FY, 2024) |
Operating ⚠ | ||
Integrations | Integrations 400 (FY, 2022) | Integrations 240 (FY, 2023) |
Transactions Processed | Transactions Processed 115.4 m (Q3, 2023) | Transactions Processed 19.3 m (Q1, 2024) |
Funding | ||
Total funding raised | Total funding raised $ 3.6m | Total funding raised $ 1.1b |
AvidXchange is a provider of accounts payable (AP) automation software and payment solutions.
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