We’re pleased to announce the addition of Nigel Morris to AvidXchange’s™ board of directors. Nigel Morris is the managing partner of QED Investors, a direct investment fund focused on high-growth companies that leverage the power of data strategies.
In addition to his work with QED, Nigel works in an advisory capacity with General Atlantic Partners and Oliver Wyman Consulting. He serves on the board of numerous for-profit companies, including Red Ventures, GreenSky, CAN Capital, Media Math and Prosper. Nigel also co-founded Capital One Financial Services in 1994, where he served as President and Chief Operating Officer for 10 years.
“With our $225 million minority growth financing last fall and our aggressive hiring plans and corporate campus expansion, it is a pivotal time for our company to align with leadership that has thrived in high-growth environments that can help us to maximize our investment and continue to propel our growth exponentially and efficiently. What better time to welcome to our board a seasoned expert who focuses on high-growth companies,” states Michael Praeger, CEO and Co-Founder of AvidXchange™.
“Nigel’s tremendous experience in scaling high growth fintech companies and helping build our team of human capital will blend perfectly with AvidXchange’s™ DNA and goals; the potential is endless,” added Praeger.
“We are delighted to join Mike and his team on the board of AvidXchange™,” commented Nigel Morris. They’re perfectly positioned to take this industry by storm with a combination of the talent they’ve assembled, the product they’ve built and their unrelenting focus on delivering value to their customers.”
AvidXchange™ — A Fast 500 Company
Inc. magazine has recognized AvidXchange™ as one of the fastest-growing private companies in the United States for the fifth consecutive year. In addition to our Inc. 5000 ranking, AvidXchange™ is part of Deloitte’s Technology Fast 500™! For the second year in a row, we’ve ranked among the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
We pride ourselves on creating a work environment that facilitates personal growth, inspires innovation, and results in the leading AP automation solution for the mid-market.