AvidXchange Holdings, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael Praeger
- Full Time Employees
- 1,600
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 1210 AvidXchange Lane Charlotte NC United States of America 28206
- IPO Date
- Oct 13, 2021
- CIK
- 0001858257
- Website
- avidxchange.com
- Similar Companies
- Business
- AvidXchange Holdings, Inc. (Nasdaq: AVDX) provides accounts payable (AP) automation software and payment solutions for middle-market businesses and their suppliers in North America. Founded in 2000 and headquartered in Charlotte, North Carolina, the company offers a SaaS-based platform that digitizes invoice capture via optical character recognition, automates workflow routing and approvals, and enables electronic payments; the AvidPay Network for two-sided buyer-supplier transactions supporting virtual credit cards, enhanced ACH via AvidPay Direct, and check printing/mailing; and the AvidXchange Supplier Hub, which delivers cash flow insights, in-network invoicing tools, and early payment options. Its solutions integrate with over 220 accounting and ERP systems including NetSuite, QuickBooks, and Sage Intacct, serving industries such as real estate, construction, financial services, healthcare, education, hospitality, media, community associations, and social services through direct sales, channel partnerships, and technology integrations. In 2024, AvidXchange processed 19.3 million transactions, $242 billion in spend under management, and paid 1.3 million unique suppliers via its network over the prior five years. In May 2025, the company agreed to a $2.2 billion acquisition by TPG in partnership with Corpay, under which stockholders will receive $10.00 per share in cash and Corpay will take a 33% equity stake for approximately $500 million, with the transaction expected to close in Q4 2025 subject to approvals; this follows prior acquisitions including FastPay, Core Associates for construction via TimberScan, BankTEL Systems for financial institutions, Ariett in 2017, and Piracle in 2015 that expanded its vertical capabilities and procure-to-pay features.
AvidXchange Completes Workday Integration
AvidXchange Announces Embedded Supplier Payment Automation Solution for the AppFolio Performance Platform
Acumatica Selects AvidXchange to Power Payment Automation for Customers
AvidXchange Empowers ERP Partners with Accounts Payable as a Service
New Study Reveals the “New Normal” in Finance: Economic Pressures Push Middle Market Teams Toward Faster Digital and AI
TPG & Corpay Complete Acquisition of AvidXchange
AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline
AVIDXCHANGE HOLDINGS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvidXchange Holdings, Inc. - AVDX
AvidXchange and Ministry Brands Announce Exclusive Partnership
AvidXchange Announces Second-Quarter 2025 Financial Results
New AvidXchange Report Shows Finance Teams More Prepared Than in 2020—But Still Investing to Weather Uncertainty
AVDX Alert: Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of AvidXchange Holdings, Inc. in the U.S. District Court for the Southern District of New York
AVDX Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of AvidXchange Holdings to TPG Global and Corpay
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of AvidXchange Holdings, Inc. (Nasdaq – AVDX)
AvidXchange Holdings, Inc. (AVDX) Flat As Market Sinks: What You Should Know
AVIDXCHANGE SHAREHOLDER NOTICE: Kaskela Law LLC Announces Investigation into Fairness of AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Shareholder Buyout and Encourages Investors to Contact the Firm
AVIDXCHANGE BUYOUT INVESTIGATION: Kaskela Law LLC Announces Investigation into AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm - Does $10.00 Per Share Represent Sufficient Value?
AVDX STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm
Media Agencies Under Pressure, Turning to AI to Strengthen Financial Health and Cash Flow, AvidXchange Survey Reveals
AVIDXCHANGE HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvidXchange Holdings, Inc. - AVDX