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AvidXchange

10 Disclosed Funding Rounds $1,128,171,523

0 Participating Investments


Transaction Processing, SaaS, Software, FinTech, Payments

AvidXchange is a software company specializing in automating invoice and payment processes for mid-market businesses.

Charlotte, North Carolina, United States, North America (US)

Organizations in Charlotte in Transaction Processing,
Organizations in Charlotte in SaaS,
Organizations in Charlotte in Software,
Organizations in Charlotte in FinTech,
Organizations in Charlotte in Payments,
Organizations in North Carolina in Transaction Processing,
Organizations in North Carolina in SaaS,
Organizations in North Carolina in Software,
Organizations in North Carolina in FinTech,
Organizations in North Carolina in Payments,
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Organizations in United States in FinTech,
Organizations in United States in Payments,
Organizations in North America in Transaction Processing,
Organizations in North America in SaaS,
Organizations in North America in Software,
Organizations in North America in FinTech,
Organizations in North America in Payments

Investors in Charlotte in Transaction Processing,
Investors in Charlotte in SaaS,
Investors in Charlotte in Software,
Investors in Charlotte in FinTech,
Investors in Charlotte in Payments,
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Investors in North Carolina in SaaS,
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Investors in North Carolina in FinTech,
Investors in North Carolina in Payments,
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Investors in United States in Software,
Investors in United States in FinTech,
Investors in United States in Payments,
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Investors in North America in SaaS,
Investors in North America in Software,
Investors in North America in FinTech,
Investors in North America in Payments

Southern US (0 Investors) (0 Startups), East Coast (0 Investors) (0 Startups)

Founded date 04, 2000

Founders Chris Tinsley, Michael Praeger

Operating Status Active

Funding Stage Private Equity

Last Funding Type Venture - Series Unknown

Company Type For Profit


Facebook Link

Twitter Link

LinkedIN Link

Wikipedia Link

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.

Date Round Raised Lead
September, 17, 2020 Venture - Series Unknown $66,000,000 -------
August, 13, 2020 Venture - Series Unknown $118,897,770 -------
April, 23, 2020 Series F $128,000,000 -------
January, 10, 2020 Series F $260,000,000 Sixth Street
June, 08, 2017 Private Equity $300,000,000 -------
November, 28, 2016 Series E $18,000,000 Fifth Third Capital
September, 14, 2015 Private Equity $225,000,000 Bain Capital Ventures
May, 13, 2014 Venture - Series Unknown $10,000,000 -------
July, 31, 2006 Convertible Note $250,400 -------
August, 08, 2002 Series B $2,023,353 Charlotte Angel Partners, CT Communications

AvidXchange Investors (22)

Investor Lead? Round Participating Raise Date Partners
Sapphire Ventures No Venture - Series Unknown $66,000,000 September, 17, 2020 -------
Schonfeld Strategic Advisors No Series F $128,000,000 April, 23, 2020 -------
Sixth Street No Series F $128,000,000 April, 23, 2020 -------
Pivot Investment Partners No Series F $128,000,000 April, 23, 2020 -------
Neuberger Berman Group No Series F $128,000,000 April, 23, 2020 -------
Mastercard No Series F $128,000,000 April, 23, 2020 -------
Lone Pine Capital No Series F $128,000,000 April, 23, 2020 -------
Alpha Square Group No Series F $128,000,000 April, 23, 2020 -------
Sixth Street Yes Series F $260,000,000 January, 10, 2020 -------
Founders Fund No Private Equity $300,000,000 June, 08, 2017 -------
Temasek Holdings No Private Equity $300,000,000 June, 08, 2017 -------
Mastercard No Private Equity $300,000,000 June, 08, 2017 -------
Caisse de Depot et Placement du Quebec No Private Equity $300,000,000 June, 08, 2017 -------
Pivot Investment Partners No Series E $18,000,000 November, 28, 2016 -------
Fifth Third Capital Yes Series E $18,000,000 November, 28, 2016 -------
Keybank No Private Equity $225,000,000 September, 14, 2015 -------
Bain Capital Ventures Yes Private Equity $225,000,000 September, 14, 2015 -------
Ron Suber No Private Equity $225,000,000 September, 14, 2015 -------
Square 1 Bank No Private Equity $225,000,000 September, 14, 2015 -------
Foundry Group No Private Equity $225,000,000 September, 14, 2015 -------
Charlotte Angel Partners Yes Series B $2,023,353 August, 08, 2002 -------
CT Communications Yes Series B $2,023,353 August, 08, 2002 -------