AvidXchange IPO

AvidXchange was founded in 2000 by Michael Praeger. The company has not officially endorsed a plan to participate in an IPO.

AvidXchange is a SaaS company specializing in automating invoice and payment processes for mid-market businesses. The company has raised over $900 million in Venture Capital funding from investors including Alpha Square Group, Lone Pine Capital, Haymaker Capital, Thiel Capital, Pivot Investment Partners, Bain Capital Ventures, Nyca Partners, QED Investors, and TPG Capital. Per company press releases, AvidXchange last raised an expansion of Series F in April 2020 bringing the round total to $388 million at an undisclosed post-money valuation.

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What is AvidXchange's ticker symbol?


What is AvidXchange's stock price?

9.43 as of 9/28/23

Who are AvidXchange's major investors?

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

AvidXchange Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
1/17/2020 Series Senior Preferred $130MM raised $XXX.XX $XXX.XX
7/1/2017 Series F $430MM raised $XXX.XX $XXX.XX
10/1/2016 Series E $176.01MM raised $XXX.XX $XXX.XX
11/14/2014 Series 1 $4.81MM raised $XXX.XX $XXX.XX
5/13/2014 Series D $10.23MM raised $XXX.XX $XXX.XX
10/19/2010 Series C $4.52MM raised $XXX.XX $XXX.XX
4/4/2003 Series B $2.61MM raised $XXX.XX $XXX.XX
5/10/2002 Series A $1MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is AvidXchange funding to date?

AvidXchange has raised $759.17MM to date.
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When was AvidXchange founded?

AvidXchange was founded in 2000.
Updated on: Sep 1, 2022