AvidXchange Holdings Inc (NAS:AVDX)
$ 12.3 0.23 (1.91%) Market Cap: 2.54 Bil Enterprise Value: 2.24 Bil PE Ratio: 0 PB Ratio: 3.79 GF Score: 38/100
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Avidxchange Holdings Inc at Citi FinTech Conference Transcript

Nov 14, 2022 / 08:45PM GMT
Release Date Price: $8.89 (-2.20%)
Unidentified Analyst

Good afternoon, everyone. Thank you for joining us. My name is Andrew Schmidt. I'm Citi's Fintech research team. I have a focus on fintech software, particularly B2B payments and software. So it's my pleasure today to have AvidXchange.

With us, we have CEO and Co-Founder, Mike Praeger; and CFO, Joel Wilhite. Thank you both for joining us.

Michael Praeger

Yes. Thanks for having us, you bet.

Unidentified Analyst

Hopefully, good day so far?

Michael Praeger

It's been jampacked.

Questions & Answers

Unidentified Analyst

It's great, keep you busy. So as we like to start many of this session, maybe we can start with a brief level set in terms of just the platform in terms of how it's evolved over time, the pain point to solve over time. And then maybe we can work in there also how you differentiate versus other platforms?

Michael Praeger

Great. So first of all, AvidXchange, headquartered

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