AvidXchange
NewAI-powered AP and payments built on over 25 years of expertise.
#28 of 37 in Expense Management8,000 customers (per avidxchange.com)
Data collected ·ChatGPT, Perplexity, Google AI Mode·coverage 100%·next run
- AvidXchange ranks #28 of 37 in Expense Management with an AI visibility score of 0 (SlateIndex, Nov 2, 2026).
- AvidXchange is most visible on ChatGPT (0) and least on Perplexity (0).
- AI engines name AvidXchange in 0 of the 30 Expense Management buyer prompts SlateIndex tracks.
About
Company details for AvidXchange
AvidXchange provides AI-powered accounts payable software that automates invoice capture, approvals, and payments for mid-market businesses. It connects to a customer's existing ERP or accounting system and gives access to a large supplier payment network. ERPs and accounting platforms can also offer its AP workflows through a managed Accounts Payable as a Service model. It ranks #28 of 37 in Expense Management on SlateIndex and has a visibility score of 0 in the latest weekly run.
Founded in 2000 and headquartered in Charlotte, NC, the company employs 1,001–5,000 people. It has raised about $1140M. Its differentiator: aI built on more than 25 years of AP data and expertise, combined with one of the industry's largest supplier payment networks.
- Website
- avidxchange.com
- Categories
- Expense Management
- Company size
- 1,001–5,000 employees
- Headquarters
- Charlotte, NC
- Founded
- 2000
- Company type
- Private, private equity-owned
- Funding
- Series F · $1140M raised
- Customers
- 8,000 · per avidxchange.com/about
- Integrations
- 240+ native
- Compliance
- PCI DSS, NIST, Licensed money transmitter, SOC 1 Type 2, SOC 2 Type 2
- Support
- Implementation and ongoing support from a dedicated team of experts, Payment specialists for supplier support, Phone: 800.560.9305
Read from linkedin.com, g2.com, avidxchange.com, trust.avidxchange.com, multiples.vc, cbinsights.com · refreshed Nov 2, 2026.
AI visibility
Latest weekly run · Nov 2 · next run Nov 9
Visibility score trend
Weekly runs over the last 60 days, with up to 7 competitors. Click a name to hide or show its line.
Changes appear after the second weekly run in Expense Management. Ramp leads the category at 62.5%.
Media
Website and product screenshots for AvidXchange
AI mentions & citations
Recent answers that name AvidXchange
No mentions in the latest run.
Products & features
What AvidXchange sells
AvidXchange AP Automation
AI-powered accounts payable software that captures invoices, routes approvals, flags duplicates, and processes payments.
Accounts Payable as a Service
A fully managed AP infrastructure that ERPs and accounting systems embed into their own platforms.
AvidPay Network and Supplier Hub
Payment options for suppliers, including virtual card, AvidPay Direct, and mailed checks.
Target market & buyers
Mid-market businesses and their finance teams, plus ERP and accounting platforms that embed AP services.
Notable customers include Founders 3 Management Company.
| Industry | Primary use case |
|---|---|
| Real estate and property management | Automating invoice processing and supplier payments across a large property portfolio, replacing weekly check runs. |
| Community association management | Moving payments off checks to electronic supplier payments. |
Funding & recent developments
Funding
| Round | Year | Amount |
|---|---|---|
| Series A | 2014 | $10M |
| Series F (led by Mastercard) | 2017 | $300M |
| Equity round (TPG and Sixth Street among backers) | 2020 | $260M |
| Series F expansion (round total $388M) | 2020 | — |
| Series F | 2020 | $66M |
| Latest known round | Total raised |
|---|---|
| Series F | $1140M |
Recent developments
- Jun 2026CompanyWade Fairey joins as chief operating officer
Wade Fairey joined AvidXchange as chief operating officer.
- Mar 2026ProductAccounts Payable as a Service launched inside AppFolio
AvidXchange launched embedded supplier payment automation within the AppFolio Performance Platform.
- Jan 2026PartnershipAcumatica payment automation partnership
Acumatica named AvidXchange its payment automation partner.
- May 2025CompanyTPG take-private
TPG took AvidXchange private, reported at $2.2B.
Cite as: SlateIndex, “AvidXchange AI visibility profile”, https://slateindex.ai/brand/avidxchange, data of Nov 2, 2026. Licence: CC BY 4.0.