United States · Growth startup

Who invested in AvidXchange

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2BFintech

Funding summaryUpdated 26 Oct 2026

$225Mraised across 2 rounds since 2015, from 2 sources

Latest round
GrowthSept 2015
Led by
Bain Capital Ventures
Biggest round
$225MSeries E · Sept 2015
Investors
7 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016
$225MSeries E?Growth
First round
Series E, $225M
Sept 2015
Biggest round
$225M
Series E · Sept 2015

The rounds

  1. Sept 2015
    GrowthAmount undisclosed2 returning

    Reported by Foundry GroupSEC filing: $130M sold, first sale Jul 2015

  2. Sept 2015
    Series E$225M7 new

    From a historical funding recordSEC filing: $130M sold, first sale Jul 2015

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Bain Capital VenturesVC firm2rounds, led 1
Foundry GroupVC firm2rounds
TPGPrivate equity1round
Nyca PartnersVC firm1round
Square 1 BankInvestment firm1round
KeybankVC firm1round
Ron SuberVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 7 firms list AvidXchange as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Sapphire VenturesVC firmPer its own site
Boathouse CapitalPrivate equityPer its own site
Sixth StreetPrivate equityPer its own site
Haymaker VenturesVC firmPer its own site
Catalpa Ventures Family OfficeFamily officePer its own site
Haymaker GrowthInvestment firmPer its own site
LaurelCrest PartnersPrivate equityPer its own site

Quick answers about AvidXchange

Who invested in AvidXchange?

AvidXchange's investors include Bain Capital Ventures, Foundry Group, TPG, Nyca Partners and Square 1 Bank, and 2 more on record. Bain Capital Ventures led its latest round.

How much has AvidXchange raised?

AvidXchange has raised $225M across 2 rounds since 2015. One round did not disclose an amount, so the total is a floor.

When did AvidXchange last raise?

AvidXchange's most recent round was a Growth in Sept 2015, led by Bain Capital Ventures.

What was AvidXchange's biggest round?

AvidXchange's largest round on record is $225M (Series E), in Sept 2015.

Who backed AvidXchange first?

AvidXchange's first round on record, in Sept 2015, was backed by Bain Capital Ventures, Foundry Group and TPG and 4 others.

What stage is AvidXchange at?

AvidXchange's latest named round is a Growth, in Sept 2015.

Where is AvidXchange based?

AvidXchange is based in the United States.

Who led AvidXchange's rounds?

Bain Capital Ventures led the Growth in 2015.

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