# AvidXchange funding: rounds and investors

> AvidXchange has raised $225M across 2 rounds since 2015. Investors include Bain Capital Ventures, Foundry Group and TPG. Every round with its source.

Source: https://millionrounds.com/company/avidxchange (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# 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.

B2B Fintech

Funding summary Updated 26 Oct 2026

**$225M** raised across 2 rounds since 2015, from 2 sources

- **Latest round:** Growth Sept 2015
- **Led by:** Bain Capital Ventures
- **Biggest round:** $225M Series 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

**$225M** Series E

**?** Growth

- **First round:** Series E, $225M
- **Biggest round:** $225M

## The rounds

- **Sept 2015** Growth **Amount undisclosed** *2 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) Lead [Foundry Group](https://millionrounds.com/fund/foundry) Reported by Foundry Group SEC filing: $130M sold, first sale Jul 2015
- **Sept 2015** Series E **$225M** *7 new* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Foundry Group](https://millionrounds.com/fund/foundry) [TPG](https://millionrounds.com/fund/tpg) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [Keybank](https://millionrounds.com/fund/keybank) [Ron Suber](https://millionrounds.com/fund/ron-suber) From a historical funding record SEC 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.

**Series E** 2015 **Growth** 2015 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) L [Foundry Group](https://millionrounds.com/fund/foundry) [TPG](https://millionrounds.com/fund/tpg) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [Keybank](https://millionrounds.com/fund/keybank) [Ron Suber](https://millionrounds.com/fund/ron-suber)

## Everyone who backed them

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **2** rounds, led 1

[Foundry Group](https://millionrounds.com/fund/foundry) VC firm **2** rounds

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

[Nyca Partners](https://millionrounds.com/fund/nyca-partners) VC firm **1** round

[Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **1** round

[Keybank](https://millionrounds.com/fund/keybank) VC firm **1** round

[Ron Suber](https://millionrounds.com/fund/ron-suber) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=avidxchange).

## 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 Ventures](https://millionrounds.com/fund/sapphire-ventures) VC firm Per its own site

[Boathouse Capital](https://millionrounds.com/fund/boathouse-capital) Private equity Per its own site

[Sixth Street](https://millionrounds.com/fund/sixth-street) Private equity Per its own site

[Haymaker Ventures](https://millionrounds.com/fund/haymaker-ventures) VC firm Per its own site

[Catalpa Ventures Family Office](https://millionrounds.com/fund/catalpa-ventures-family-office) Family office Per its own site

[Haymaker Growth](https://millionrounds.com/fund/haymaker-growth) Investment firm Per its own site

[LaurelCrest Partners](https://millionrounds.com/fund/laurelcrest-partners) Private equity Per 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.

## Companies like AvidXchange

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
