AvidXchange

IPO

AP automation and payments for the middle market

Charlotte, United States · Founded 2000 · $128.0M raised

Employees
1001–5000
Founded
2000
Business Model
B2B
Total Funding
$128.0M
Last Round
$128.0M Venture RoundApr 2020
Rounds
2

About

AvidXchange is a leading provider of accounts payable automation software and payment solutions designed for middle-market businesses and their suppliers. Founded in 2000 in Charlotte, North Carolina, the company digitizes the AP process—replacing paper invoices and checks with intelligent software and electronic payments. AvidXchange went public on Nasdaq in 2021 and serves over 8,000 customers across industries including real estate, construction, and healthcare.

Summary

AvidXchange is a Fintech company based in Charlotte, United States, founded in 2000. It has raised $128.0M in total across 2 rounds, most recently a $128.0M Venture Round round in Apr 2020. Investors include TPG (Growth/Rise).

Tech & App Stack

10 technologies & apps tracked

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Funding History

AcquisitionAcquisition by TPG and CorpayOct 2025

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Growth Equity through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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