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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, BlockFi, AvidXchange, DocuSign, Attentive, Acorns, Sysdig, Rubrik, Roofstock, 6sense
Caisse de Depot et Placement du Quebec
PharmEasy, Bird, AvidXchange, AppDirect, Druva, Hopper, Onapsis
Fifth Third Capital
Founders Fund
Lyft, SpaceX, Spotify, Airbnb, Stripe, Flexport, Palantir Technologies, Wish, Compass, Zenefits
Keybank
Pivot Investment Partners
Square 1 Bank
AvidXchange, Optoro, ScienceLogic, Skillz, ShopKeep, DialogTech
Temasek Holdings
PharmEasy, Tokopedia, DoorDash, Impossible Foods, Wish, AvidXchange, SambaNova Systems, Snyk, Farmers Business Network, ConsenSys
Funding History
| October 2000 | $4.0M |
|---|---|
| February 2002 | $2.6M |
| September 2010 | $4.5M |
| April 2014 | $10.2M |
| November 2014 | $4.8M |
| July 2015 | $176M |
| June 2017 | $501M |
| October 2019 | $130M |
| October 2019 | $350M |
Management
Co-Founder & Chief Executive Officer
Michael Praeger
Co-Founder & Chief Technology Officer
Chris Tinsley
Chief Financial Officer
Joel Wilhite
Chief Information Officer
Angelic Gibson
Chief Information Security Officer
Christina Quaine
Chief Growth Officer
Dan Drees
Press
thepaypers - May, 17 2019
prnewswire - May, 16 2019
prnewswire - May, 15 2019
prnewswire - May, 15 2019
PR Newswire - Mar, 27 2020
PR Newswire - Mar, 28 2020
PR Newswire - Jan, 17 2020
Other Companies
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Some data provided by Crunchbase
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