Summary

AvidXchange Inc

Founded in 2000

Description

AvidXchange is a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers. AvidXchanges software as a service based, end to end software and payment platform digitizes and automate...

Strengths

  • AvidXchange Inc has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • Since AvidXchange Inc was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average
  • The number of employees is not growing as fast as the industry average

Annual Revenue

AvidXchange Inc's annual revenue

$331979000

Based on Kona Equity data

  • Revenue per employee

    $207487

  • Annual revenue growth since founding

    $13832458

  • Revenue growth rate from first known quarter to current

    92.4%

Employee Count

1600 employees

  • Employee growth rate from first known quarter to current

    -9.1%

Executives

Joel Wilhite

Chief Financial Officer

j**@avidxchange.com

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G7 Website traffic rankings are better than the industry average

Web Analysis

  • Rank

    158 K

  • Page views per visitor

    1.6

  • Daily time

    1:17

  • Bounce Rate

    63.8 %

Location

1210 Avidxchange Ln 650
Charlotte, NC  28204

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Key Information

  • SIC: 73; 737
  • NAICS: 51; 511
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with AvidXchange Inc.

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Frequently Asked Questions

Where is AvidXchange Inc located?

AvidXchange Inc's headquarters are located at 1210 Avidxchange Ln 650 Charlotte, NC  28204.


What is AvidXchange Inc's official website?

AvidXchange Inc's official website is avidxchange.com


What is AvidXchange Inc's revenue?

AvidXchange Inc's annual revenue is $332.0 M.


What is AvidXchange Inc's SIC code?

AvidXchange Inc's SIC: 73; 737


What is AvidXchange Inc's NAICS code?

AvidXchange Inc's NAICS: 51; 511.


How many employees does AvidXchange Inc's have?

AvidXchange Inc has 1600 employees


What industry does AvidXchange Inc belong to?

AvidXchange Inc is in the industry of Computer software.

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