AvidXchange
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Overview
AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses. Founded in the year 2000, AvidXchange processes over $140 billion transactions annually across its network of more than 680,000 suppliers, transforming the way 6,000 customers in North America pay their bills. AvidXchange is distinguished as a global fintech unicorn and one of the fastest growing technology companies in the U.S. with 1,500 employees supporting customers across seven office locations.
About
Industries
Software, FinTech, SaaS, Payments, Transaction Processing
Founded
2000
Employees
1001-5000
Headquarters locations
United States, North America
Social
N/A
Profile Resume
AvidXchange headquartered in United States, North America, operates in the Software, FinTech, SaaS, Payments, Transaction Processing sector. The company focuses on Software and has secured $225.6B in funding across 200 round(s). With a team of 1001-5000 employees, AvidXchange is actively contributing to advancements in Software. Their latest funding round, Venture Round - AvidXchange, raised $225.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
10
Investors
8
Lead Investors
0
Total Funding Amount
$1128.2M
Details
5
AvidXchange has raised a total of $1128.2M in funding over 5 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2020 | Late Stage Venture | 128.0M | ||
| 2002 | Early Stage Venture | 2.0M | ||
| 2017 | Private Equity | 300.0M | ||
| 2016 | Late Stage Venture | 18.0M |
Investors
AvidXchange is funded by 31 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| John C. Morris | - | FUNDING ROUND - John C. Morris | 225.0M |
| Nyca Partners | - | FUNDING ROUND - Nyca Partners | 225.0M |
| AvidXchange | - | FUNDING ROUND - AvidXchange | 225.0M |
| SV Health Investors | - | FUNDING ROUND - SV Health Investors | 225.0M |
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