Where is AvidXchange headquartered?

AvidXchange is located in Charlotte, NC.

Who invested in AvidXchange?

AvidXchange has 13 investors including Geekdom Fund And Geekdom Fund.

When was the last funding round for AvidXchange?

AvidXchange closed its lastf unding roundon Jul 19, 2017 from a Convertible Note round.

Company Information
Company Timeline (Coming Soon)

avidxchange.com

AvidXchange

AvidXchange is a North Carolina-based SaaS platform that offers solutions such as invoice management and payment automation for businesses.

Business Model: SAAS B2B

Revenue: $354.7M

Employees: 1,001-5,000

Geographic Data

Address: 1210 AvidXchange Lane

City: Charlotte

State: NC

Zip: 28206

Country: US

Financial Info

Stage:

series unknown

Raised Last:

$66M

Raised Total:

$1B

Social

Facebook

Twitter

Crunchbase

Metrics

472,980Website Global Rank

103,777Website Monthly Traffic

Twitter Followers

Description

AvidXchange is a North Carolina-based SaaS platform that offers solutions such as invoice management and payment automation for businesses.

Contact Phone:
+18005609305

Contact Email:

IPO Details

AvidXchange went public on 10/13/2021 on the NASDAQ

Listed Exchange:
NASDAQ

IPO Date:
10/13/2021

IPO Valuation:
$5B

Ticker Symbol:
AVDX

IPO Price:
$25/share

Amount Raised:
$660M

Live

Opened: -/share

EBITDA	-
Total Cash	-
Total Debt	-
Total Revenue	-
Total Profit (Gross)	-
PE Ratio	-

Investments

Announced Date	Company	Transaction	Money Raised

Funding Rounds

Announced Date	Transaction	Number of Investors	Money Raised	Lead Investors
9/2020	Venture Round	1	$66M	Sapphire Ventures Sapphire Ventures
1/2020	Series F	1	$260M	Sixth Street Sixth Street Sixth Street Sixth Street
4/2020	Series F	7	$128M	Lone Pine Capital Mastercard Neuberger Berman Group Alpha Square Group Schonfeld Strategic Advisors Pivot Investment Partners Sixth Street Lone Pine Capital Mastercard Neuberger Berman Group Alpha Square Group Schonfeld Strategic Advisors Pivot Investment Partners Sixth Street
11/2016	Series E	2	$18M	Fifth Third Capital Pivot Investment Partners Fifth Third Capital
9/2015	Venture Round	8	$225M	Bain Capital Ventures SV Health Investors Square 1 Bank Sixth Street Partners Ron Suber Nyca Partners Keybank Foundry Group Bain Capital Ventures
7/2006	Convertible Note		$250.4k
6/2017	Private Equity Round	4	$300M	Temasek Holdings Mastercard Founders Fund Caisse de Depot et Placement du Quebec Temasek Holdings
10/2021	IPO		$632.5M
12/2020	Equity		$5M	Sixth Street Growth Financial Technology Partners Bain Capital Ventures NYCA Partners Foundry Group
9/2020	Equity		$66M	NYCA Partners Bain Capital Ventures Foundry Group QED Investors
5/2014	Venture Round		$10M
8/2002	Series B	2	$2M	Charlotte Angel Partners CT Communications Charlotte Angel Partners CT Communications
8/2020	Venture Round		$118.9M
10/2020	Equity		$988.1k	Foundry Group Nyca Partners Bain Capital Ventures Capital One
7/2020	Equity		$118.9M	Foundry Group NYCA Partners Bain Capital Ventures

Acquisitions

Announced Date	Name	Price
7/2021	FastPay
1/2021	AvidXchange
8/2019	BankTEL Systems
11/2017	Ariett
6/2015	Strongroom Solutions
11/2014	Piracle

Employee Demographics

Employee Departments

Employee States

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