AvidXchange Inc. (AVDX)
Company Description
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America.
The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions.
Its platform offers electronic invoice capture, workflow routing, and automated payments solutions.
The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners.
It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors.
The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

Country | United States |
IPO Date | Oct 13, 2021 |
Industry | Software - Infrastructure |
Sector | Technology |
Employees | 1,600 |
CEO | Michael Praeger |
Contact Details
Address: 1210 AvidXchange Lane Charlotte, North Carolina United States | |
Website | https://www.avidxchange.com |
Stock Details
Ticker Symbol | AVDX |
Exchange | NASDAQ |
Fiscal Year | January - December |
Reporting Currency | USD |
CIK Code | 0001858257 |
CUSIP Number | 05368X102 |
ISIN Number | US05368X1028 |
Employer ID | 00-0000000 |
SIC Code | 7372 |
Key Executives
Name | Position |
---|---|
Michael Praeger | Co-Founder, Chairman & Chief Executive Officer |
Angelic Gibson | Chief Information Officer & Senior Vice President |
Joel Wilhite CPA | Senior Vice President & Chief Financial Officer |
John Feldman | Chief Operating Officer |
Todd Cunningham | Chief People Officer & Senior Vice President |
Al McMillian Jr. | Vice President of Compliance |
Chris Tinsley | Co-Founder & Senior Technology Advisor |
Daniel Drees | President |
Ryan Stahl J.D. | Senior Vice President, General Counsel & Secretary |
Subhaash Kumar | Head of Investor Relations |
Latest SEC Filings
Date | Type | Title |
---|---|---|
Mar 18, 2025 | 4 | Filing |
Mar 04, 2025 | 4 | Filing |
Mar 04, 2025 | 4 | Filing |
Mar 04, 2025 | 4 | Filing |
Mar 04, 2025 | 4 | Filing |
Mar 04, 2025 | 4 | Filing |
Mar 04, 2025 | 4 | Filing |
Feb 28, 2025 | 10-K | Annual Report |
Feb 26, 2025 | 8-K | Current Report |
Feb 14, 2025 | SCHEDULE 13G/A | [Amend] Filing |