AvidXchange Stock

avidxchange.comFinTech / PaymentsFounded: 2000Funding to Date: $759.17MM

AvidXchange is a provider of automating invoice and payment process solutions for mid-market businesses.

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AvidXchange Stock Price

Forge Price 1
Price not available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

AvidXchange Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/17/2020 Senior Preferred $130MM $xx.xx $2.21B Sixth Street Partners
Price per Share
$xx.xx
Shares Outstanding
2,722,166
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
12.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sixth Street Partners
07/01/2017 Series F $430MM $xx.xx $1.45B Caisse De Dpt Et Placement Du Qubec (Cdpq), Mastercard, Temasek
Price per Share
$xx.xx
Shares Outstanding
12,447,388
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caisse De Dpt Et Placement Du Qubec (Cdpq), Mastercard, Temasek
10/01/2016 Series E $176.01MM $xx.xx $690.54MM Bain Capital Ventures, Fifth Third Capital, Foundry Group, Harbourvest Partners, Huff Capital, Keybank, Nyca Partners, Pivot Investment Partners, Qed Investors, Square 1 Bank, Tpg Capital, Tpg Specialty Lending
Price per Share
$xx.xx
Shares Outstanding
9,800,000
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bain Capital Ventures, Fifth Third Capital, Foundry Group, Harbourvest Partners, Huff Capital, Keybank, Nyca Partners, Pivot Investment Partners, Qed Investors, Square 1 Bank, Tpg Capital, Tpg Specialty Lending
11/14/2014 Series 1 $4.81MM $xx.xx $374.5MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
400,000
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
05/13/2014 Series D $10.23MM $xx.xx $199.75MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,500,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
10/19/2010 Series C $4.52MM $xx.xx $20.95MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
4,200,000
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
04/04/2003 Series B $2.61MM $xx.xx $9.75MM Charlotte Angel Partners, Ctc Communications, Piedmont Angel Network
Price per Share
$xx.xx
Shares Outstanding
5,000,000
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Charlotte Angel Partners, Ctc Communications, Piedmont Angel Network
05/10/2002 Series A $1,000,000.00 $xx.xx $9.25MM Ctc Communications
Price per Share
$xx.xx
Shares Outstanding
2,000,000
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.7x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ctc Communications

AvidXchange Investors Also Invested in These Private Companies

Leadership & Board

Leadership

Joel Wilhite
Chief Financial Officer
Red Maxwell
Chief Marketing Officer
Ross Agre JD
Chief Legal Officer
Chris Tinsley
Chief Technology Officer & Co-Founder
Michael Praeger
Co-Founder & CEO

Board

Bradley Feld
Foundry Group
James Hausman
Self
Dwight Sawin
Self
Hans Zandhuis
Self
David Miller
Self
Matthew Harris
Bain Capital Ventures
John Morris
Nyca Partners
Michael Praeger
AvidXchange

AvidXchange stock FAQs

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Can you buy AvidXchange stock?

You can no longer buy AvidXchange stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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How to buy AvidXchange stock?

You can no longer buy AvidXchange stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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Can you sell AvidXchange stock?

You can no longer sell stock of AvidXchange on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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How to sell AvidXchange stock?

You can no longer sell stock of AvidXchange on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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Is AvidXchange a public company?

AvidXchange is now a public company traded on NASDAQ with ticker AVDX.
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What is AvidXchange’s stock price?

The stock price of AvidXchange is $10.61 as of 1/18/24.
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What is AvidXchange’s stock ticker symbol?

The ticker symbol of AvidXchange is AVDX.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

AvidXchange News and Media Highlights

Business Software Provider AvidXchange Files for IPO

Accounts payable software provider AvidXchange on Friday filed for a initial public offering.

AvidXchange raises $260 million in equity capital

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced it has raised $260 million in equity capital as part of the company's latest financing round.

AvidXchange Closes $300 Million - NewsCenter.io

Fintech company AvidXchange announced it has secured $300 million in financing. Four investors contributed to the round: MasterCard, Temasek Holdings, Investor, and CDC – Caisse des Depots. AvidXchange, Inc., provides accounts payable and on-demand invoice management solutions. It offers AvidInvoice, a Web-based paperless accounts payable …
Browse Insights
Updated on: Dec 24, 2024

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