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AvidXchange Holdings, Inc. engages in the provision of accounts payable (AP) automation software and payment solutions. Its cloud-based, software and payment platform digitizes and automates the AP workflows for middle market businesses and their suppliers. The firm provides solutions and services throughout North America spanning multiple industries including real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media. Its business roots back to the year 2000, when AvidXchange, Inc. was founded. The company was formed on January 27, 2021 as a holding company and is headquartered in Charlotte, NC.
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