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AvidXchange™ Closes Strategic Investment Round

Jen Ittenbach
November 28, 2016

CHARLOTTE, N.C. (Nov. 28, 2016)AvidXchange™, leading FinTech provider of Accounts Payable and Payment Automation, announced today that it has added another set of strategic Investors in its recent $18 million strategic investment round.  This investment was led by Fifth Third Capital, a subsidiary of Fifth Third Bancorp, with participation from Pivot Investment Partners. Financial Technology Partners (FT Partners)

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AvidXchange™ Wins Charlotte Business Journal’s Best Places to Work Award for the Eighth Consecutive Year

Jen Ittenbach
November 18, 2016

CHARLOTTE, N.C., (Nov. 18, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, was named as the #3 Extra Large Company to work for in Charlotte by the Charlotte Business Journal at the awards dinner Thursday. The Charlotte Business Journal selects the winners based on a combination of criteria that span from community involvement

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AvidXchange™ Ranked Number 268th Fastest Growing Company in North America on Deloitte’s 2016 Technology Fast 500™

Adam Frazier
November 17, 2016

CHARLOTTE, N.C., (Nov. 16, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, today announced that it ranked 268 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. A key criteria for designation is percentage fiscal year revenue growth

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AvidXchange™ Receives Top Midsize Technology Company Award from the North Carolina Technology Association

Adam Frazier
November 11, 2016

CHARLOTTE, N.C., (November 11, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, received the Top Midsize Technology Award at the North Carolina Technology Association’s (NCTA) gala last night at the Raleigh Convention Center. The NC Tech Awards is North Carolina’s largest and most prestigious statewide technology awards program. AvidXchange has been an NC

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AvidXchange CEO, Michael Praeger, to Speak at Money 20/20

Adam Frazier
October 24, 2016

CHARLOTTE, N.C., (Oct. 24, 2016) – AvidXchange™ CEO and Co-Founder, Michael Praeger, will join other CEOs as part of Money20/20’s “Building a Billion-Dollar Financial Services Company: When Startups Grow Up” on October 24, 2016 in Las Vegas, NV. All the FinTech CEOs on the panel have turned a business plan into a successful company, raised significant venture funding, and

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AvidXchange™ Announced as Platinum Sponsor of MRI’s International User Conference for the Sixth Consecutive Year

Adam Frazier
October 12, 2016

Charlotte, NC (October 12, 2016) AvidXchange™, leading provider of AP and Payment Automation, is proud to announce Platinum sponsorship of MRI’s 2016 International User Conference. AvidXchange has been a sponsor of MRI’s IUC since 2002, and is the exclusive Platinum Sponsor for the sixth consecutive year. The conference is taking place October 23 – 26,

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AvidXchange™ is Named to 2016 Grant Thornton North Carolina 100® for 3rd Consecutive Year

Adam Frazier
October 11, 2016

CHARLOTTE (October 11, 2016) – AvidXchange™ is named one of the largest privately-held businesses in North Carolina as recognized by the 2016 Grant Thornton North Carolina 100® (NC100) for the third consecutive year. To view the list, please visit www.GrantThornton.com/NC100. The list will appear in the October edition of Business North Carolina magazine. “We are

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AvidXchange™ is Named to First-Ever Forbes 2016 World’s Best 100 Cloud Companies

Adam Frazier
September 13, 2016

NEW YORK (Sept. 13, 2016) – AvidXchange™ is named to the first-ever Forbes 2016 Cloud 100, the definitive list of the top 100 private cloud companies in the world, developed in partnership with Bessemer Venture Partners. To view the list, please visit www.forbes.com/cloud100. The list will appear in the October 4, 2016 issue of Forbes

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AvidXchange™ Adds Strategic Leaders to Support Supplier Offerings

Adam Frazier
September 6, 2016

CHARLOTTE, N.C., (September 6, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has added two strategic leaders to support and innovate the experience and offerings for the company’s growing supplier network. Serdar Dincaslan, a seasoned financial services executive, will be joining AvidXchange as the Senior Vice President of Supplier

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AvidXchange Breaks 800-Employees with Record Year of Growth

Jen Ittenbach
August 31, 2016

CHARLOTTE, N.C., (August 31, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has exceeded 800 employees. This is a major milestone for the Charlotte startup that was nearing the 80 employee mark at the end of 2011. The company has been on a fast trajectory with just over 300

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AvidXchange™ Application Certified By Acumatica

Jen Ittenbach
August 30, 2016

Charlotte, NC— August 30, 2016 — AvidXchange™, leading provider of Accounts Payable (AP) and Payment Automation Solutions for midsize companies, today announced that its software has been recognized as an Acumatica-Certified Application (ACA). Acumatica is a comprehensive, browser-based Cloud ERP solution optimized for ease of use, adaptability, mobility, speed, and security. The ACA title highlights

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AvidXchange™ Announces Title Sponsorship of Music Factory 5K Rock ‘N Run

Jen Ittenbach
July 26, 2016

CHARLOTTE, N.C., (July 26, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, will serve as the title sponsor of the AvidXchange Music Factory 5K Rock ‘N Run on Saturday, August 13. The AvidXchange Music Factory will host the seventh annual race to promote community health and businesses in the North Corridor of Charlotte.

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