Tech Company Financing Transactions

AvidXchange Funding Round

Lone Pine Capital, MasterCard and Neuberger Berman Private Equity Funds participated in a $128 million capital raise for AvidXchange. The round was announced by the company on 4/24/2020.

Transaction Overview

Company Name
AvidXchange
Announced On
4/24/2020
Transaction Type
Venture Equity
Amount
$128,000,000
Round
Undisclosed
Investors

Lone Pine Capital (David Craver)

MasterCard

Neuberger Berman Private Equity Funds (Charles Kantor)

Pivot Investment Partners (Dinkar Jetley)

Schonfeld Strategic Advisors

Sixth Street Partners

Proceeds Purpose
AvidXchange will use the new capital to support strategic growth initiatives and continued innovation, helping both buyers and suppliers automate their AP and payments processes.

Company Information

Company Status
Publicly-held
Industry
FinTech
Mailing Address
1210 AvidXchange Ln.
Charlotte, NC 28206
USA
Phone
(800) 560-9305
Website
www.avidxchange.com
Email Address
[email protected]
Overview
AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses.
Profile
AvidXchange LinkedIn Company Profile
Social Media
AvidXchange Company Twitter Account
Company News
AvidXchange News
Facebook
AvidXchange on Facebook
YouTube
AvidXchange on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Praeger
  Michael Praeger LinkedIn Profile  Michael Praeger Twitter Account  Michael Praeger News  Michael Praeger on Facebook
Chief Financial Officer
Joel Wilhite
  Joel Wilhite LinkedIn Profile  Joel Wilhite Twitter Account  Joel Wilhite News  Joel Wilhite on Facebook
Chief Information Officer
Angelic Gibson
  Angelic Gibson LinkedIn Profile  Angelic Gibson Twitter Account  Angelic Gibson News  Angelic Gibson on Facebook
Chief Information Officer
Christina Quaine
  Christina Quaine LinkedIn Profile  Christina Quaine Twitter Account  Christina Quaine News  Christina Quaine on Facebook
Chief Technical Officer
Chris Tinsley
  Chris Tinsley LinkedIn Profile  Chris Tinsley Twitter Account  Chris Tinsley News  Chris Tinsley on Facebook
Vice President
Heather Caudill
  Heather Caudill LinkedIn Profile  Heather Caudill Twitter Account  Heather Caudill News  Heather Caudill on Facebook
Vice President
Paul Kelly
  Paul Kelly LinkedIn Profile  Paul Kelly Twitter Account  Paul Kelly News  Paul Kelly on Facebook
Vice President
Denise Leleux
  Denise Leleux LinkedIn Profile  Denise Leleux Twitter Account  Denise Leleux News  Denise Leleux on Facebook
Vice President
Al McMillian
  Al McMillian LinkedIn Profile  Al McMillian Twitter Account  Al McMillian News  Al McMillian on Facebook
VP - Bus. Development
Shishir Desai
  Shishir Desai LinkedIn Profile  Shishir Desai Twitter Account  Shishir Desai News  Shishir Desai on Facebook
VP - Bus. Development
Serdar Dincaslan
  Serdar Dincaslan LinkedIn Profile  Serdar Dincaslan Twitter Account  Serdar Dincaslan News  Serdar Dincaslan on Facebook
VP - Bus. Development
Daniel Drees
  Daniel Drees LinkedIn Profile  Daniel Drees Twitter Account  Daniel Drees News  Daniel Drees on Facebook
VP - Customer Service
Stavros Liakakos
  Stavros Liakakos LinkedIn Profile  Stavros Liakakos Twitter Account  Stavros Liakakos News  Stavros Liakakos on Facebook
VP - Finance
Martin Smith
  Martin Smith LinkedIn Profile  Martin Smith Twitter Account  Martin Smith News  Martin Smith on Facebook
VP - General Counsel
Ryan Stahl
  Ryan Stahl LinkedIn Profile  Ryan Stahl Twitter Account  Ryan Stahl News  Ryan Stahl on Facebook
VP - Human Resources
Todd Cunningham
  Todd Cunningham LinkedIn Profile  Todd Cunningham Twitter Account  Todd Cunningham News  Todd Cunningham on Facebook
VP - Marketing
Jess Antle
  Jess Antle LinkedIn Profile  Jess Antle Twitter Account  Jess Antle News  Jess Antle on Facebook
VP - Operations
Timothy Johnson
  Timothy Johnson LinkedIn Profile  Timothy Johnson Twitter Account  Timothy Johnson News  Timothy Johnson on Facebook
VP - Operations
Timothy Ramsey
  Timothy Ramsey LinkedIn Profile  Timothy Ramsey Twitter Account  Timothy Ramsey News  Timothy Ramsey on Facebook
VP - Product Management
Justin Nelson
  Justin Nelson LinkedIn Profile  Justin Nelson Twitter Account  Justin Nelson News  Justin Nelson on Facebook
VP - Sales
Thomas Spencer
  Thomas Spencer LinkedIn Profile  Thomas Spencer Twitter Account  Thomas Spencer News  Thomas Spencer on Facebook
VP - Sales
Michael Travis
  Michael Travis LinkedIn Profile  Michael Travis Twitter Account  Michael Travis News  Michael Travis on Facebook

 

 

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