News and Analysis

AvidXchange gathers $260 mln

Charlotte, North Carolina-based AvidXchange, a provider of accounts payable and payment automation solutions for the middle market, has raised $260 million in funding.

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Charlotte, North Carolina-based AvidXchange, a provider of accounts payable and payment automation solutions for the middle market, has raised $260 million in funding. The investors included TPG Sixth Street Partners. AvidXchange is backed by Caisse de dépôt et placement du Québec.

Source: Press Release