AvidXchange is a financial software company that provides accounts payable and payment automation solutions for small to mid-market businesses. Founded in 2000 by Michael Praeger, the company is headquartered in Charlotte, North Carolina and employs approximately 1,100 people across offices in the United States. AvidXchange went public on NASDAQ in January 2021, enabling digital payment workflows and invoice management for thousands of organizations. The company focuses on helping finance teams automate manual payment processes, reduce fraud risk, and improve cash flow visibility. Known for strong customer retention and expanding platform capabilities, AvidXchange serves as a critical infrastructure partner for AP and payment operations across industries ranging from construction to healthcare.
AvidXchange maintains a customer-obsessed culture centered on solving real operational problems for finance teams. The company emphasizes collaboration across engineering, product, and customer success, with a data-driven approach to product decisions and feature prioritization. Post-IPO growth has maintained a startup mentality focused on innovation while expanding into adjacent payment and finance automation areas. The culture values both operational excellence and the ability to learn from customer feedback, with hybrid work arrangements supporting geographic distribution.
13 open now, 13 first appeared in the last 30d.
| Round | Closed | Amount | Investors |
|---|---|---|---|
| Later | Jan 2021 | undisclosed | Goldman Sachs, Morgan Stanley |
| Series C | Jan 2015 | $120.0M | Silverpeak Capital, Insight Venture Partners |
| Series B | Jan 2011 | $55.0M | Silverpeak Capital |
| Series A | Jan 2008 | $25.0M | Silverpeak Capital |
| Title ↕ | Location ↕ | Posted ↓ |
|---|---|---|
| Manager of Business Development | Charlotte, North Carolina, United States | 2d |
| Network Engineer II | Charlotte, North Carolina, United States | 4d |
| Principal Alliance Manager | Virtual | 5d |
| Senior Pricing and Packaging Manager | Charlotte, North Carolina, United States; Virtual | 5d |
| Senior Capacity Planning Analyst | Charlotte, North Carolina, United States; Virtual | 1w |
| Product Marketing Manager II, GTM Operations | Charlotte, North Carolina, United States | 1w |
| Account Executive | Virtual | 1w |
| Director of Campaign Marketing | Charlotte, North Carolina, United States | 1w |
| Executive Business Partner | Charlotte, North Carolina, United States | 1w |
| Strategic Partnerships Director | Charlotte, North Carolina, United States; Virtual | 1w |
| Sales Representative I, Acceleration Solutions | Charlotte, North Carolina, United States | 1w |
| Account Executive, Horizontals | Virtual | Aug 19 |
| Senior Technical Product Manager (Multiple Positions) | Charlotte, North Carolina, United States | Apr 7 |