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Michael Praeger
Charlotte, North Carolina,United States
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Find Michael Praeger's PhoneWho Is Michael Praeger?
Michael Praeger is a visionary entrepreneur and the Co-Founder and Chief Executive Officer of AvidXchange, a leading provider of accounts payable (AP) and payment automation solutions. With a deep expertise in the fintech and software industries, he has successfully guided AvidXchange from a startup founded in 2000 to a publicly traded company on the Nasdaq. Michael is recognized for his leadership in transforming how mid-market businesses manage their finances, advocating for the power of automation to create efficiency and insight. He is a prominent figure in the Charlotte business community and is passionate about fostering innovation and a positive corporate culture.
How Did Michael Praeger's Career Path Shape Their Journey?
Michael Praeger's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Michael Praeger's Key Achievements?
Co-Founder & CEO of AvidXchange
Co-founded AvidXchange in 2000 and has scaled the company into a major force in the fintech industry, serving thousands of businesses across North America.
Led Successful Initial Public Offering (IPO)
Guided AvidXchange through a successful IPO in October 2021, a landmark event that valued the company at over $4 billion and cemented its position as a market leader.
Ernst & Young Entrepreneur Of The Year®
Received the prestigious Ernst & Young Entrepreneur Of The Year® award for the Southeast region, recognizing his outstanding leadership, innovation, and success in building a high-growth company.
Fintech and Community Leadership
Actively contributes to the technology and business ecosystem in Charlotte, North Carolina, helping to establish the city as a prominent fintech hub.
What's Michael Praeger's Educational Background?
B.S.B.A., Finance
Georgetown University
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Company Overview
AvidXchange, Inc.AvidXchange is a leading provider of accounts payable (AP) automation software and payment solutions designed for mid-market businesses. Its cloud-based platform automates the entire invoice-to-pay process, including invoice capture, approval workflows, and electronic payment execution. By replacing manual, paper-based systems, AvidXchange helps companies reduce operational costs, increase efficiency, and gain better financial control and visibility over their spending.
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