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AvidXchange

#4604

Rank

$2.08B

Marketcap

US United States

Country

AvidXchange
Leadership team

Mr. Michael Praeger (Co-Founder, Chairman, Pres & CEO)

Mr. Joel Wilhite (Sr. VP & CFO)

Mr. Daniel Drees (Chief Growth Officer & Sr. VP)

Products/ Services
FinTech, Payments, SaaS, Software, Transaction Processing
Number of Employees
1,000 - 20,000
Headquarters
Charlotte, North Carolina, United States
Established
2000
Company Registration
SEC CIK number: 0001858257
Revenue
100M - 500M
Traded as
AVDX
Social Media
Overview
Location
Summary
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
History

AvidXchange is an American financial technology and software company headquartered in Charlotte, North Carolina. Founded in 2000, it is the leading provider of accounts payable automation, invoice processing, and integrated payments solutions to mid-market businesses. AvidXchange has been named to the Inc. 5000 Fastest Growing Companies list seven times and to Forbes Cloud 100 list.

Mission
Our mission is to make complex financial tasks simple for mid-market businesses. We strive to develop innovative software solutions that streamline processes, reduce costs and improve operational efficiencies for our clients.
Vision
Our vision is to create the most comprehensive payments and automation platform in the world. We will achieve this by providing actionable insights, robust automation tools and deep integrations with best-of-breed partners.
Key Team

Mr. Chris Tinsley (Co-Founder & Sr. Technology Advisor)

Ms. Melissa Spitzer-Johnson (VP of Operations)

Ms. Jess Antle (VP of Brand Marketing & Communications)

Ms. Angelic Gibson (Chief Information Officer & Sr. VP)

Subhaash Kumar (Head of Investor Relations)

Mr. Ryan Stahl (Sr. VP, Gen. Counsel & Sec.)

Mr. Al McMillian Jr. (VP of Compliance)

Recognition and Awards
AvidXchange has received several accolades for its growth and products, including Google for Entrepreneurs Partner, the #1 Company on Deloitte’s Technology Fast 500 list, the #3 fastest growing company on Inc. 5000, the #1 FinTech company on Business Intelligence Group Tech Companies to Watch, and the #1 Fastest Growing Company in North Carolina.
References

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AvidXchange
Leadership team

Mr. Michael Praeger (Co-Founder, Chairman, Pres & CEO)

Mr. Joel Wilhite (Sr. VP & CFO)

Mr. Daniel Drees (Chief Growth Officer & Sr. VP)

Products/ Services
FinTech, Payments, SaaS, Software, Transaction Processing
Number of Employees
1,000 - 20,000
Headquarters
Charlotte, North Carolina, United States
Established
2000
Company Registration
SEC CIK number: 0001858257
Revenue
100M - 500M
Traded as
AVDX
Social Media