AvidXchange
Charlotte
About AvidXchange
AvidXchange provides cloud-based accounts payable (AP) automation solutions designed for middle-market businesses. Its platform streamlines the entire AP process, from purchase order creation to invoice processing and payment execution, aiming to reduce manual tasks and improve operational efficiency. The platform integrates with numerous accounting systems, allowing businesses to maintain their existing financial infrastructure while automating AP processes. Users can access the system from any device with internet connectivity, facilitating remote work and continuous operations.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 1,001 – 5,000
- Estimated revenue: $100K – $500K
- Total funding: $1.1B
- Funding stage: M&A
- Last round: Corporate Round (May 2025)
- Ticker: nasdaq:AVDX
- Website: avidxchange.com
- Phone: 800-560-9305
Industries & Categories
FinTech, Payments, SaaS, Transaction Processing
Social Profiles
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