AvidXchange

Financial Software · North Carolina, United States · 1K - 5K Employees

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Overview

Headquarters

1210 Avid Xchange Ln, Charlotte, North C...

Phone Number

(800) 560-9305

Revenue

$446.7 Million

Industry

Financial Software Software Software Testing Business Services
ZI Rank: 5
Signal Type
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May
ZI Rank
8
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About AvidXchange

AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. AvidXchanges software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,800 businesses and it has made payments to more than 965,000 supplier customers of its buyers over the past five years. The business is located in Charlotte, North Carolina.Explore more
AvidXchange's Social MediaPopular SearchesAvidxchange IncAvidxchangePiracle IncAvidXchange Holdings IncAvidXchange CoSIC Code 73,737NAICS Code 54,541Show more

AvidXchange Org Chart

Michael Praeger, Chief Executive Officer, Co-Founder & Chairman at AvidXchange
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Chief Executive Officer, Co-Founder & Chairma...

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CW
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Chief Financial Officer

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Krish Shetty, Senior Vice President, Chief Technology Officer at AvidXchange
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Senior Vice President, Chief Technology Offic...

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John Feldman, Chief Operating Officer at AvidXchange
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Chief Operating Officer

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EG
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Executive Business Partner Supporting the Chi...

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TC
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Senior Executive Business Partner To Chief Fi...

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CC
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Chief Revenue Officer

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DD
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President

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RB
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Senior Executive Business Partner To Presiden...

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Ryan Stahl, Chief Administrative Officer & General Counsel at AvidXchange
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Chief Administrative Officer & General Counse...

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JS
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Controller

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MS
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Vice President, Corporate Controller

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

AvidXchange

$446.7M
1K - 5K
Private
$1.8B
2000
Michael Praeger, Chief Executive Officer, Co-Founder & Chairman at AvidXchange
Michael PraegerCEO, Co-Founder & Chairman
$2B
1K - 5K
Private
-
2014
Avikal Jain, Executive Director & Chief Executive Officer at CPI
Avikal JainExecutive Director & CEO
$1.6B
1K - 5K
Public
$3.3B
2006
Rohini Jain, Chief Financial Officer at BILL
Rohini JainChief Financial Officer
$385.1M
1K - 5K
Private
$2.6B
1989
Craig Saks, President & Chief Executive Officer at Bottomline
Craig SaksPresident & CEO
$210.1M
501-1,000
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$906M
2010
Des Cahill, Chief Marketing Officer at Tipalti
Des CahillChief Marketing Officer
$146.5M
501-1,000
Private
$1.1B
2010
Christian Lanng, Chief Executive Officer & Chairman at Tradeshift
Christian LanngCEO & Chairman
$108.2M
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JS
Jai SharmaChief Technology Officer
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Products Owned by AvidXchange

AvidXchange

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Company Insights

Company Profile Activity

i

Among all Software companies

Low Activity

High Activity

Activity Insights

AvidXchange is experiencing very low activity levels compared to other companies in the Software sector.

What does this means?

AvidXchange is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about AvidXchange.

AvidXchange financials insights

Gather financial insights about AvidXchange, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2014

Private Equity

$10M

2015

Private Equity

$129.5M

Private Equity

$225M

2016

Multiple Rounds

$28M

2017

Private Equity

$300M

Private Equity

$2.5M

2020

Series F

$260M

Other Financing Round

$127M

2021

Stock Offering

$660M

2023

Debt

$65M

See All AvidXchange's Financials Insights

AvidXchange Tech Stack

A closer look at the technologies used by AvidXchange

Most Recent Scoops

Hiring Plans
AvidXchange has more open roles in Marketing than it has had at any time in the past 9 months. Technologies mentioned include: Adobe After Effects, Cinema 4D, Salesforce, Adobe Premiere Pro, and Marketo with an increased focus that include Market Research, Product Marketing, A/B Testing, and Market Segmentation, and experience with Multi-Channel Marketing, Adobe After Effects, and Animations.
Hiring Plans
Open Position
Open Position
Open Position
Open Position
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AvidXchange News & Media

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Top Financial Software Companies

Frequently Asked Questions Regarding AvidXchange

What is AvidXchange's official website?
AvidXchange's official website is www.avidxchange.com
What is AvidXchange's Revenue?
AvidXchange's revenue is $446.7 Million
What is AvidXchange's SIC code?
AvidXchange's SIC: 73,737
What is AvidXchange's NAICS code?
AvidXchange's NAICS: 54,541
How many employees does AvidXchange have?
AvidXchange has 1K - 5K employees
What industry does AvidXchange belong to?
AvidXchange is in the industry of: Financial Software, Software, Software Testing
What is AvidXchange competition?
AvidXchange top competitors include: Corcentric, BILL, Tipalti, Bottomline
What companies has AvidXchange acquired?
AvidXchange has acquired the companies: BankTEL Systems, Core Associates, Piracle, Strongroom Solutions
What technology does AvidXchange use?
Some of the popular technologies that AvidXchange uses are: Freshservice, ClickCease, Zingfit, DocuSign
Who is the CFO of AvidXchange?
AvidXchange's CFO is Cameron White
Who is the CTO of AvidXchange?
AvidXchange's CTO is Krish Shetty
What does AvidXchange do?

AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. AvidXchanges software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,800 businesses and it has made payments to more than 965,00... 0 supplier customers of its buyers over the past five years. The business is located in Charlotte, North Carolina.Read More

What are AvidXchange social media links?
AvidXchange Linkedin page AvidXchange Twitter page AvidXchange Facebook page
Who invested in AvidXchange?
AvidXchange has 24 investors including Boathouse Capital, Undisclosed, Piedmont Angel Network, CT Communications and Inc..
Is AvidXchange a public company?
AvidXchange is private company therefore does not currently have an official ticker symbol
See more information about AvidXchange

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