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Newsroom   /   Press Release

AvidXchange Receives Mid-Size Tech Company of the Year Award from the North Carolina Tech Association

November 19, 2018

Charlotte, N.C. –  (November 19, 2018) – AvidXchange, the leading B2B payment solutions provider for midsize companies, received the Mid-Size Company of the Year Award at the North Carolina Technology Association’s (NC TECH) gala on Thursday, Nov. 15 at the Sheraton Imperial Hotel & Convention Center.

“To be recognized by NC TECH as the Mid-Size Tech Company of the Year is an honor,” said Michael Praeger, CEO & co-founder of AvidXchange. “Since launching AvidXchange in 2000, we’ve witnessed the growth of technology beyond the Research Triangle. NC TECH’s work to continue celebrating the culture of entrepreneurism and highlighting the community’s success is providing more opportunities for the next generation of creative thinkers. For this reason, AvidXchange is proud to call North Carolina our home state.”

“Since 1995, the NC TECH Awards has honored excellence and innovation throughout North Carolina, representing the best and brightest,” said Brooks Raiford, president and CEO of NC TECH.  “As a winner, AvidXchange has distinguished itself as a peer-leader and we are proud to recognize them as a 2018 NC TECH Awards winner.”

The NC TECH Awards is North Carolina’s only statewide technology awards program, recognizing companies and individuals who have characterized excellence, innovation, and leadership.  For more information on the selection process, categories, finalists, winners, and the awards gala, visit www.nctech.org/awards.


The North Carolina Technology Association (NC TECH) is a not-for-profit, membership-driven trade association and the primary voice of the technology industry in North Carolina. NC TECH’s mission is to foster growth and champion innovation in North Carolina’s tech sector, while providing a voice for the tech community through professional networks, government affairs, talent development and sector promotion. For more information, visit our website at www.nctech.org.

About AvidXchange™

AvidXchange™ simplifies the way companies pay their bills through a trusted network fostering a true buyer and supplier collaboration. Serving more than 5,500 clients throughout North America, AvidXchange automates the end-to-end payment process for midmarket companies spanning across multiple industries including Real Estate, Community Association Management,  Construction, Financial Services, Energy, and more. Headquartered in one of the top financial districts in the United States, AvidXchange has spent the last 18 years revolutionizing the FinTech space. As a result, Forbes identified AvidXchange as one of the top leading cloud companies in the world today. AvidXchange has been recognized as the top software company in North Carolina by the North Carolina Technology Association and one of the 50 fastest-growing private companies in the Charlotte area for six consecutive years. Ranked among Deloitte’s Fast 500 this past year, AvidXchange continues to remain true to its most valued competitive advantage – its people. For eight consecutive years, AvidXchange has been honored as one of the Best Places to Work in Charlotte. For more information, contact us at 800.560.9305 or [email protected].



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