AvidXchange
Michael Praeger is the Co-Founder and Chief Executive Officer. Since starting AvidXchange more than 20 years ago, he has led the growth to more than 1,500 employees, 7,000+ customers, and over 700,000 suppliers nationwide.
Before establishing AvidXchange, Michael co-founded PlanetResume.com, a technology career enhancement and recruiting site that successfully completed its merger with CareerShop.com in November 1999.
Prior to that, he co-founded and served as CEO of InfoLink Partners, a software company specializing in automating tax billing and collection functions for municipalities. Michael also served as an associate with Summit Partners, Boston-based venture capital and buyout partnership with more than $1 billion under management.
Michael is currently active in the Young Presidents Organization (YPO) and serves on the advisory board of the North Carolina Technology Association (NCTA). He is also a board member of Charlotte City Center Partners, Kare Partners, and Eliminate the Digital Divide (E2D).
AvidXchange
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Provides paperless invoice management, reduces costs and increases overall client productivity via automated payment processes that are integrated with more than 45 accounting systems.