5. AvidXchange $128.0M
Round: Series F
Description: Charlotte-based AvidXchange provides accounts payable and on-demand invoice management solutions. Founded by Chris Tinsley and Michael Praeger in 2000, AvidXchange has now raised a total of $933.0M in total equity funding and is backed by investors that include Lone Pine Capital, MasterCard, Neuberger Berman Group, Pivot Investment Partners, Schonfeld Strategic Advisors, and Sixth Street Partners.
Investors in the round: Lone Pine Capital, MasterCard, Neuberger Berman Group, Pivot Investment Partners, Schonfeld Strategic Advisors, Sixth Street Partners
Industry: Payments, SaaS, Software, Transaction Processing
Founders: Chris Tinsley, Michael Praeger
Founding year: 2000
Location: Charlotte
Total equity funding raised: $933.0M
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