AvidXchange
Latest round
- Series F
Last raised
- Apr 2020
Total raised
- $402M
Investors
- 16
About AvidXchange
Based in Charlotte, North Carolina, and founded in 2000 by its co-founder and CEO, Michael Praeger, AvidXchange, Inc. operates as a developer and provider of software-as-a-service-based accounts payable and payment automation solutions for mid-market companies. In September 2020, AvidXchange, Inc. In October 2021, AvidXchange Holdings, Inc. As of November 2021, the company has around 1,500 employees, 6,000 customers and 680,000 suppliers nationwide. AvidXchange, Inc. provides accounts payable (AP) automation software and payment automation solutions for middle-market businesses and their suppliers. Its end-to-end software and payment platform are built on SaaS that digitizes and automates AP workflows. AvidXchange's solutions include invoice automation software, bill payment automation software, purchase order automation software, and utility bill management. AvidXchange, Inc. generated a revenue of approximately USD 186 million in 2020 and approximately USD 149 million in 2019. AvidXchange, Inc.
Who invested in AvidXchange
16 investors across 5 rounds
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Questions about AvidXchange
Who invested in AvidXchange?
AvidXchange has 16 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AvidXchange raised?
AvidXchange has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did AvidXchange last raise money?
AvidXchange's most recent round on record is a Series F, in Apr 2020.
What does AvidXchange do?
Based in Charlotte, North Carolina, and founded in 2000 by its co-founder and CEO, Michael Praeger, AvidXchange, Inc.
Where is AvidXchange headquartered?
AvidXchange is headquartered in Charlotte, US.
Which VCs invest in companies like AvidXchange?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at AvidXchange's stage. Their profiles are linked below.
VCs backing software startups at Series F
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