🔓 Unlock the full profile of Michael Praeger (Avidxchange, Inc.), including verified contact details, financial insights, and professional associations.
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Email: mic*****@avi******.com
Mobile: 96478*****
Estimated Net Worth 💰 : ₹0 – ₹500+ Cr (approx. $0 – $60M)
Key Insights You Should Know About This Individual
- Michael Praeger is the Co-Founder, Chairman, and Chief Executive Officer of AvidXchange, Inc., a company founded in April 2000 that focuses on automating the accounts payable process for businesses.
- Under Michael Praeger's leadership, AvidXchange has grown significantly, achieving a market cap of $2.0B and becoming a publicly traded company on NASDAQ under the symbol AVDX.
- AvidXchange has played a crucial role in simplifying financial processes through technology, making it easier for organizations to manage invoices and payments efficiently.
- Prior to AvidXchange, Michael Praeger co-founded PlanetResume.com in 1997, showcasing a consistent commitment to innovative business solutions.
- The company has seen substantial growth in headcount, with a 54% increase over the past two years, reflecting AvidXchange's expanding influence in the financial technology sector.
- AvidXchange has established a strong online presence, including a readily accessible website and social media platforms, enhancing customer engagement and brand recognition.
- Michael Praeger has navigated the challenges of scaling a startup into a publicly traded company, demonstrating resilience and strategic vision in a competitive industry.
- As a leader, Michael Praeger has been recognized for fostering a culture of innovation and teamwork within AvidXchange, contributing to the company's success and reputation in the marketplace.