AvidXchange files to go public - NewsBreak

AvidXchange Inc., an accounts payable automation software company, plans to go public, according to a filing with the Securities and Exchange Commission on Friday. The Charlotte, N.C.-based company said it plans to raise up to $100 million, but that figure is often used as a placeholder and is updated in subsequent filings. Goldman Sachs, JP Morgan, B. of A. Securities, and Barclays are listed among the underwriters for the offering.