Summary

AvidXchange

Founded in 2000

Description

AvidXchange helps middle-market businesses automate the accounts payable process to boost efficiency, accuracy and speed.

Strengths

  • AvidXchange has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • Since AvidXchange 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's annual revenue

$124900000

Based on Kona Equity data

  • Revenue per employee

    $124900

  • Annual revenue growth since founding

    $6245000

  • Revenue growth rate from first known quarter to current

    92.4%

Employee Count

1000 employees

  • Employee growth rate from first known quarter to current

    -9.1%

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 Lane 
Charlotte, NC  28206

Instant Liquidity for Entrepreneurs

Best Private Equity Acquirer

Vista Equity Partners

Kona Equity can help connect AvidXchange to Vista Equity Partners and over 5,000 other acquirers to facilitate acquisitions conversations. It's fast and easy.

Key Information

  • Name: AvidXchange
  • Category: Computer software
  • Industry: Software company
  • SIC: 73; 737
  • NAICS: 511; 5182
  • Next step

    Visitors review