AvidXchange, Inc.

About AvidXchange, Inc.

AvidXchange, Inc. provides accounts-payable automation software and payment solutions for mid-market companies in North America. Its cloud-based platform digitizes invoice receipt, approval workflows, and supplier payments, integrating with over 230 accounting systems. The company serves real estate, construction, financial services, energy, and healthcare industries, processing billions in annual transactions through its AvidPay network of more than 825,000 suppliers. Headquartered in Charlotte, North Carolina, AvidXchange was founded in 2000 and went public in 2021, trading on NASDAQ under AVDX.