16 years ago, Michael Praeger decided to build a software company in Charlotte, N.C. Today, that business — AvidXchange™ — is the largest software company in the Queen City and North Carolina’s most well-funded startup, with over 650 employees and more than 5,500 customers in North America.
We are beyond thrilled to announce that our CEO, Michael Praeger, is a finalist for the EY Entrepreneur Of The Year® 2016 Award in the Southeast. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance, and personal commitment to their businesses and communities.
Award winners will be announced at a black-tie gala on June 23, 2016, at the Country Music Hall of Fame and Museum in Nashville, Tennessee. From there, award winners will go on to compete for the national Entrepreneur of the Year® title.
About EY Entrepreneur Of The Year®
EY Entrepreneur Of The Year® is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement.
As the first and only truly global award of its kind, Entrepreneur Of The Year® celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national, and global awards programs in more than 145 cities in more than 60 countries.
AvidXchange™ revolutionizes the way companies pay their bills. Serving more than 5,500 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for midmarket companies spanning multiple industries including Real Estate, Financial Services, Energy, and Construction.
AvidXchange™ has been recognized as one of the 50 fastest-growing private companies in the Charlotte area for four consecutive years, ranked among Deloitte’s Fast 500 this past year, and recently was named of the top 100 technology companies in North America by Red Herring.