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AvidXchange
company
About
AvidXchange is a software company specializing in automating invoice and payment processes for mid-market businesses.
- 1001 - 5000
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $2.02M
- Industries
- FinTech,Payments,SaaS,Software,Transaction Processing
- Founded date
- Apr 1, 2000
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
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.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$227.02M
AvidXchange has raised a total of
$227.02M
in funding over 2 rounds. Their latest funding was raised on
Sep 14, 2015 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 14, 2015 | Series Unknown | $225M | 1 | — | — | Detail |
| Aug 8, 2002 | Series B | $2.02M | 1 |
Charlotte Angel Partners
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
AvidXchange is funded by 2 investors.
Charlotte Angel Partners
and Foundry Group
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Charlotte Angel Partners
|
Yes | Series B |
Foundry Group
|
— | Series Unknown |
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