CHARLOTTE – AvidXchange is already a “unicorn” with a value topping $1 billion. And the Charlotte-based fintech firm is worth even more today.
According to an SEC filing, AvidXchange has closed on $130 million in new funding.
Sources told Reuters in December that AvidXchange is seeking to raise “at least 300 million dollars” from investors.
The fast-growing firm is in the process of doubling the size of its headquarters in Charlotte. The Reuters report follows two other recently disclosed financial transactions reported by the company.