AvidXchange Stock
Invoice Management Solutions
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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, Acorns, DocuSign, Attentive, Sysdig, Rubrik, Roofstock, 6sense
Founders Fund
Lyft, Spotify, Airbnb, Stripe, Flexport, Palantir Technologies, Wish, Compass, Zenefits, Eat Just
Square 1 Bank
AvidXchange, Optoro, ScienceLogic, Skillz, ShopKeep, DialogTech
Pivot Investment Partners
Fifth Third Capital
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
PR Newswire - Mar, 28 2020
AvidXchange launches virtual learning hub to support customer successPR Newswire - Mar, 27 2020
AvidXchange introduces REVx at Your Desk virtual event series, providing middle market companies tools and insights to operate more efficiently in today's environmentPR Newswire - Jan, 17 2020
AvidXchange raises $260 million to support continued growththepaypers - May, 17 2019
AvidXchange teams with Vantaca to deliver AP Automationprnewswire - May, 16 2019
AvidXchange Unveils New Study on Future of B2B Fintech