AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions. | ||
Founding Date | Founding Date 2003 | Founding Date 2000 |
Type | Type Private | Type Public |
Tags | ||
Locations | Locations Montréal, CA HQ Sofia, BG St. Catharines, CA Atalassa, CY Strovolos, CY Giv'atayim, IL Tel Aviv, IL see more | Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US |
Employees | Employees 2,674 | Employees 1,600 |
Valuation ($) | Valuation ($) 2 b | Valuation ($) 1.7 b |
Financial | ||
Revenue (est.) | Revenue (est.) $1.2b (FY, 2023) | Revenue (est.) $438.9m (FY, 2024) |
Cost of goods | Cost of goods $222.9m (FY, 2023) | Cost of goods $121.8m (FY, 2024) |
Gross profit | Gross profit $967m (FY, 2023) | Gross profit $317.2m (FY, 2024) |
Net income | Net income ($696k) (FY, 2023) | Net income $8.1m (FY, 2024) |
Funding | ||
Total funding raised | Total funding raised $ 317.9m | Total funding raised $ 1.1b |
AvidXchange is a provider of accounts payable (AP) automation software and payment solutions.
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