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AvidXchange Stock

avidxchange.comFinTechFounded: 2000Funding to Date: $759.17MM

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

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Enterprise Value (based on primary financings)

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AvidXchange investors also invested in these private companies

Sapphire Ventures
Bain Capital Ventures
Temasek Holdings
Sixth Street
Fifth Third Capital
Lone Pine Capital

Team

Management Team

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 Members

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

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News

The Street 09/18/2021
Business Software Provider AvidXchange Files for IPO
Accounts payable software provider AvidXchange on Friday filed for a initial public offering.
PaymentsSource 03/24/2021
Snoop Dogg, Boy George, Lionel Richie join Crypto.com's NFT; AvidXchange plans IPO
European fintechs are not happy with bank partners; and other information you need to start your day, from PaymentsSource and around the web.
Reuters 03/23/2021
Exclusive: Business payments firm AvidXchange preps for IPO, eyeing $7 billion valuation - sources
AvidXchange Inc has hired investment banks including Goldman Sachs Group to lead preparations for an initial public offering which may value the business payments processor at more than $7 billion, people familiar with the matter said on Tuesday.

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