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Summary*

AvidXchange, founded in 2000 and headquartered in Charlotte, North Carolina, is a leading provider of accounts payable automation software and payment solutions for middle market businesses. The company offers a comprehensive suite of products designed to streamline invoice processing, automate bill payments, and provide purchase order matching, enhancing financial operations for various sectors including real estate, construction, financial services, and healthcare.

Since its inception, AvidXchange has demonstrated significant growth, having raised a total of $1.16 billion in funding. This substantial financial backing highlights the company's strong position in the market and its potential for future expansion. AvidXchange's innovative solutions have garnered attention from investors and industry experts alike, positioning it as a notable player in the financial technology sector.

As of now, there is no official information available regarding AvidXchange's IPO prospects. The company has not made any public announcements about plans to go public, and we have not found any credible reports or rumors suggesting an imminent IPO. It's important to note that the decision to pursue an initial public offering involves various factors, including market conditions, company readiness, and strategic objectives.

Investors interested in AvidXchange should keep in mind that private companies may choose to remain private for various reasons, and the absence of IPO news does not necessarily reflect on the company's performance or potential. As always, it's advisable to conduct thorough research and consider multiple sources of information when evaluating investment opportunities in private companies.

How to invest in AvidXchange

While AvidXchange's IPO prospects remain uncertain, investors eager to gain exposure to innovative fintech companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the financial technology sector. Our platform allows you to diversify your portfolio with lower minimum investments in promising companies like AvidXchange, potentially benefiting from their growth before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.