Press Releases

Charlotte, N.C., (February 3, 2016) AvidXchange, leading FinTech provider of Accounts Payable and Payment Automation, is North Carolina’s most well-funded startup and #14 in the nation, according to venture capital database, CB Insights. Tech.Co presented the results in a recent article. “It’s thrilling to see what was once an aggressively

Charlotte, N.C., (January 26, 2016) AvidXchange, leading FinTech provider of Accounts Payable and Payment Automation, is pleased to announce the addition of Nigel Morris to its 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

Charlotte, N.C., (January 14, 2016) AvidXchange was joined by Mayor Jennifer Roberts at a press conference today to announce that it will become the exclusive and sole sponsor of the NC Music Factory effective March 1, 2016. As part of the sponsorship, the complex name will change to AvidXchange Music

Charlotte, N.C., (December 11, 2015) AvidXchange™ attended the awards dinner hosted by The Charlotte Business Journal at the Charlotte Convention Center, where they were recognized as one of the 50 fastest-growing private companies in the Charlotte area for the 5th year in a row.  AvidXchange experienced impressive revenue growth in

Charlotte, N.C., (November 20, 2015) AvidXchange™, a leading provider of AP and payment automation solutions, was named as the #4 Large Company to work for in Charlotte by the Charlotte Business Journal at the Best Places to Work awards dinner Thursday at the Charlotte Convention Center. The Charlotte Business Journal

Charlotte, N.C., (November 16, 2015) AvidXchange™, a leading provider of AP and payment automation solutions, is pleased to announce that they ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America for the second year

Charlotte, N.C., (September 23, 2015) KeyBank (NYSE:KEY) today announced a strategic partnership and minority investment in AvidXchange, a world class leader in accounts payable automation solutions.  This collaboration marks the most recent in a series of partnerships with emerging FinTech providers, solidifying Key’s commitment to deliver innovative products and services

Charlotte, N.C., (September 14, 2015) AvidXchange, a leading FinTech provider of Accounts Payable and Payment Automation, announced today that it has completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank, and TPG Special Situations Partners. The

CHARLOTTE, N.C., (August 4, 2015) AvidXchange, a leading provider of accounts payable automation solutions for midsize companies, is pleased to announce its partnership with Viewpoint Construction Software, a provider of innovative construction-specific software solutions to the global construction and capital project industries. AvidXchange and Viewpoint have formed a strategic partnership

CHARLOTTE, N.C., (June 17, 2015) AvidXchange, leading provider of accounts payable and payment automation solutions for midsize companies, today announced that the acquisition of Strongroom Solutions has been completed. The merger, originally announced last month, will provide AvidXchange’s clients in the real estate space with a more comprehensive solution for

Charlotte, N.C. (November 20, 2014) – AvidXchange, Inc. (“AvidXchange”), a provider of accounts payable (AP) and payment automation solutions for businesses, announced today that it completed its acquisition of Piracle, Inc. (“Piracle”), a company that has offered payment management tools for more than 20 years to over 5,000 customers. AvidXchange’s

Charlotte, NC (September 15, 2014) – Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that AvidXchange will expand its headquarters operations in Charlotte. The company plans to create 603 jobs in Mecklenburg County by the end of 2018 and invest more than $21.4 million. “AvidXchange is