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Dan Drees

Dan Drees

AvidXchange Eyes Double Unicorn Status With $260M Equity Funding Round

AvidXchange Eyes Double Unicorn Status With $260M Equity Funding Round

Charlotte-based fintech unicorn AvidXchange has announced it has raised $260 million in equity capital as part of the company's latest financing round. TPG Sixth Street Partners, an AvidXchange investor since 2015, led participation in the round. When the company announced the round’s launch in December 2019,

AvidXchange

Southern Payments Unicorn Brings In Chief Growth Officer From Fiserv to “Double Revenue”

Payments technology platform AvidXchange, one of the few southeastern companies valued at over a billion dollars, has pulled in a Chief Growth Officer with 25+ years experience growing fintech revenue streams and sales. Dan Drees, most recently of Fiserv, will be responsible for the go-to market of AvidXchange’s