AvidXchange Stock
Invoice management solutions
About AvidXchange Stock
AvidXchange, Inc. provides accounts payable and on-demand invoice management solutions. It offers AvidInvoice, a Web-based paperless accounts payable solution for real estate companies in office, retail, multi-family, and industrial sectors. AvidXchange, Inc. was incorporated as AvidXchange.com, Inc. in 2000 and changed to its present name in July 2002. The company is headquartered in Charlotte, North Carolina.
Investors
Bain Capital Ventures
Jet, DocuSign, Lime, Rubrik, AvidXchange, Acorns, Rent the Runway, Turbonomic, Optimizely, SevOne, Inc.
Caisse de Depot et Placement du Quebec
Fifth Third Capital
Founders Fund
Lyft, Spotify, Airbnb, SpaceX, Palantir Technologies, Wish, Flexport, Oscar Health, Compass, Stripe
Keybank
MasterCard
Pivot Investment Partners
Square 1 Bank
Temasek Holdings
DoorDash, Wish, Impossible Foods, Carbon, AvidXchange, Guardant Health, Farmers Business Network, Blend, Rent the Runway, Omio
Funding History
| August 2002 | $2.0M |
|---|---|
| July 2006 | $250K |
| September 2015 | $225M |
| November 2016 | $18.0M |
| June 2017 | $300M |
Management
Co-Founder & Chief Executive Officer
Michael Praeger
Co-Founder & Chief Technology Officer
Chris Tinsley
Chief Operating Officer
Steve Boehm
Chief Growth Officer
Dan Drees
Chief Financial Officer
Joel Wilhite
Chief Information Officer
Angelic Gibson
Chief Information Security Officer
Christina Quaine
Chief Product Officer
Don Finucane
Press
Forbes - Jun, 19 2019
thepaypers - May, 17 2019
prnewswire - May, 16 2019
prnewswire - May, 15 2019
prnewswire - May, 15 2019
Other Companies
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