11. AvidXchange $260.0M
Round: Series F
Description: Charlotte-based AvidXchange provides accounts payable and on-demand invoice management solutions. Founded by Michael Praeger in 2000, AvidXchange has now raised a total of $805.0M in total equity funding and is backed by investors that include Founders Fund, MasterCard, Bain Capital Ventures, Temasek Holdings, and TPG Sixth Street Partners.
Investors in the round: Sixth Street Partners
Funding month: January
Industry: Payments, SaaS, Software
Founders: Michael Praeger
Founding year: 2000
Location: Charlotte, North Carolina, United States
Total reported equity funding: $805.0M
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