Fundz

Avid Xchange, Inc. reported raising $130 Million in an initial SEC Form D filing, from an offering of $130 Million

PRIVATEOct 15, 2019

Amount Raised

$130 Million

$130 Million sold, per SEC Form D (first sale Oct 15, 2019)

Round Type

Venture

CharlotteProfessional ServicesSoftware

Quick answer

AvidXchange raised $130 Million in a funding round, dated October 15, 2019. AvidXchange is based in Charlotte, North Carolina, United States.

How much did AvidXchange raise?
AvidXchange raised $130 Million in a funding round on October 15, 2019.
What does AvidXchange do?
AvidXchange is a leading provider of accounts payable automation software and payment solutions.
Where is AvidXchange based and how big is it?
AvidXchange is based in Charlotte, North Carolina, United States. Fundz records about 1,797 employees.
Who are the decision-makers at AvidXchange?
Fundz holds 1 contact at AvidXchange. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Software around the same time

Companies in the same sectors as AvidXchange that raised within 45 days of this round, from Fundz verified event records.

  • Weave raised $70M on November 4, 2019.
  • nCino raised $80M on October 1, 2019.
  • SecZetta, Inc. raised $10M on September 23, 2019.
  • CyberCube raised $15M on November 27, 2019.
  • HighByte raised $200K (Pre-Seed) on November 27, 2019.
  • CyberCube raised $35M on November 27, 2019.

Who to call at AvidXchange, and when

A new round usually means AvidXchange is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day AvidXchange raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AvidXchange, from your own LinkedIn network

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Company Information

Company

AvidXchange

Location

Charlotte, North Carolina, United States

About

AvidXchange is a leading provider of accounts payable automation software and payment solutions. The company serves over 8,500 middle market businesses, offering tools that enhance efficiency and control over AP processes. AvidXchange has established itself as a distinct leader in the AP automation industry. It focuses on providing integrated payment solutions to help clients streamline operations.

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Related People

1 contact
Verified contacts158 people are listed at AvidXchange. We don't have their email yet.See plans and pricing
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ML-powered predictions for AvidXchange's next move

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AvidXchange raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.