AvidXchange Revenue and Competitors
Estimated Revenue & Valuation
- AvidXchange's estimated annual revenue is currently $232M per year.
- AvidXchange received $2.5M in venture funding in November 2017.
- AvidXchange's estimated revenue per employee is $133,493
- AvidXchange's total funding is $1.1B.
- AvidXchange's current valuation is $2.2B. (January 2022)
Employee Data
- AvidXchange has 1738 Employees.
- AvidXchange grew their employee count by 2% last year.
AvidXchange's People
Name | Title | Email/Phone |
---|---|---|
1 | Technical Product Owner | Reveal Email/Phone |
2 | Co-Founder, Chairman, and CEO | Reveal Email/Phone |
3 | CEO, Co-Founder | Reveal Email/Phone |
4 | Chief Product Officer | Reveal Email/Phone |
5 | VP, Customer Success | Reveal Email/Phone |
6 | VP, Head Compliance | Reveal Email/Phone |
7 | VP & Business Line Executive, Emerging Markets | Reveal Email/Phone |
8 | VP Channel Sales / Bank Partnerships | Reveal Email/Phone |
9 | VP and GM Sales | Reveal Email/Phone |
10 | SVP Finance | Reveal Email/Phone |
AvidXchange Competitors & AlternativesAdd Company
Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
---|---|---|---|---|---|
#1 | $308.5M | 2992 | 5% | $279.7M | $18.6B |
#2 | $249.6M | 1247 | 18% | $565M | $8.3B |
#3 | $21.2M | 141 | -2% | $12.3M | N/A |
#4 | $1526.8M | 7521 | 0% | N/A | N/A |
#5 | $16.9M | 130 | -8% | $119.7M | N/A |
#6 | $44.1M | 293 | 31% | $148M | N/A |
#7 | $24.2M | 157 | N/A | N/A | N/A |
#8 | $7.3M | 56 | N/A | N/A | N/A |
#9 | $0.9M | 12 | N/A | N/A | N/A |
#10 | $65.1M | 359 | N/A | N/A | N/A |
#11 | $4.9M | 42 | 35% | N/A | N/A |
#12 | $2.6M | 26 | N/A | N/A | N/A |
#13 | $2.5M | 25 | N/A | N/A | N/A |
#14 | $2.7M | 27 | N/A | N/A | N/A |
#15 | $11.6M | 80 | N/A | N/A | N/A |
#16 | $23.4M | 147 | N/A | N/A | N/A |
#17 | $102.2M | 564 | -5% | N/A | N/A |
#18 | $3.7M | 32 | N/A | N/A | N/A |
#19 | $117.5M | 638 | -1% | $80M | $1.2B |
#20 | $0.6M | 8 | N/A | N/A | N/A |
What Is AvidXchange?
Welcome to the AvidXchange Community. This is the place for AvidXchange employees, former employees, partners, and AvidXchange Users and administrators. AvidXchange revolutionizes the way companies pay their bills by automating invoice and bill payment processing. We are automation experts and have been automating companies' bill pay processes for more than 15 years to reduce costs, improve productivity and eliminate paper from their bill payment process. Our team of automation experts can automate your bill pay process in 45 days—guaranteed! AvidXchange provides accounts payable solutions that streamlines invoice capture, intelligently routes approvals and automates payments reducing costs, improving productivity and eliminating paper from the process. As the first SaaS technology vendor to automate invoice processing, AvidXchange works with vendors to electronically send and receive invoices and has standard integration to more than 100 accounting systems. Our specialized analytics, Energy and Telecom services provide increased visibility into hidden costs to reduce operating expenses. Headquartered in Charlotte North Carolina AvidXchange is privately held with over 350 employees nationwide.
keywords:E-Commerce,Finance,Human Resources Hr,Payments, saas$1.1B
Total Funding
1738
Number of Employees
$232M
Revenue (est)
2%
Employee Growth %
$2.2B
Valuation
N/A
Accelerator
AvidXchange News
AvidXchange Holdings, Inc provides accounts payable (AP) automation software and payment solutions for middle market businesses and their...
AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their...
AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their...
CHARLOTTE, N.C., July 20, 2021 /PRNewswire/ -- AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced that REVx 2021 will take place on Thursday, September 16 at the company's headquarters in Charlotte, N.C. Sessions f ...
CHARLOTTE, N.C., July 12, 2021 /PRNewswire/ -- AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced that FastPay, a leading provider of payments automation solutions for the media industry, is joining AvidXchange. Th ...
Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
---|---|---|---|---|
#1 | $451.8M | 1800 | 1% | N/A |
#2 | $445.2M | 1817 | 6% | N/A |
#3 | $866.7M | 1876 | 8% | N/A |
#4 | $777.9M | 2058 | 45% | N/A |
#5 | N/A | 2060 | N/A | N/A |
AvidXchange Funding
Date | Amount | Round | Lead Investors | Reference |
---|---|---|---|---|
2003-04-07 | $2.0M | Lead Investor: Multi | Article | |
2015-09-15 | $225.0M | Undisclosed | Bain Capital Ventures | Article |
2016-10-28 | $3.5M | Undisclosed | Article | |
2016-11-30 | $18.0M | Undisclosed | Fifth Third Capital | Article |
2017-06-09 | $100.0M | Undisclosed | CDPQ | Article |
2017-11-30 | $2.5M | Undisclosed | Article |