AvidXchange IPO

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

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.

Register for Details

For more details on financing and valuation for AvidXchange, register or login.

Please provide your first name.
Please provide your last name.
Please provide a valid email address.

Already registered? Click here to log in


Date of Last Funding Round

January 2020

Amount Last Raised

$2.21 B

Value at Last Round

$130 MM

Total Funding to Date

$759 MM

Enterprise Value (based on primary financings)