Home/Companies/AvidXchange vs DriveWealth

Company pair · Fintech

AvidXchange vs DriveWealth: Valuation, Funding, Trajectory

Fintech AvidXchange acquired DriveWealth private US-headquartered No Canborsa market

AvidXchange vs DriveWealth: two of the better-known names in fintech, compared side by side.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

AvidXchangeACQUIRED · US

DriveWealthPRIVATE · US

Last valuation$2.2B$2.85B

Basis Acquisition Post-money

As ofJun 2025Aug 2021

Founded20092012

Employees≈1,765≈370

On CanborsaNo marketNo market

At a glance

$2.2B

AvidXchangeAcquisition, Take-private acquisition by TPG and Corpay · Jun 2025

$2.85B

DriveWealthPost-money, funding round · Aug 2021

An acquisition mark and a going-concern print stay on separate scales

Gap

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

AvidXchange vs DriveWealth — side by side

Field

AvidXchangeACQUIRED · FOUNDED 2009

DriveWealthPRIVATE · FOUNDED 2012

Last valuation

$2.2B Acquisition

$2.85B Post-money

Valuation date

5 Jun 2025

20 Aug 2021

Valuation basis

Acquisition

Post-money

Latest round

Take-private acquisition by TPG and Corpay

Funding round

Round lead

TPG, Corpay

Insight Partners, Accel

Named investors

SoftBank Insight Partners Accel

Founded

2009

2012

Employees (est.)

≈1,765

≈370

Sector & HQ

Fintech / Software · 🇺🇸 US

Financial technology (B2B brokerage-as-a-service / embedded investing infrastructure) · 🇺🇸 US

Status & market

Acquired — no Canborsa market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $2.2B for AvidXchange (acquisition, Jun 2025) and $2.85B for DriveWealth (post-money, Aug 2021).

AvidXchange

$2.2BAcquisition · Jun 2025

DriveWealth

$2.85BPost-money · Aug 2021

AVIDXCHANGE · $2.2B · JUN 2025DRIVEWEALTH · $2.85B · AUG 2021

AvidXchange vs DriveWealth · what each company discloses

What each company discloses, and what it leaves out

AvidXchangeACQUIREDFintech · US · 2009

+Last disclosed mark $2.2B — acquisition, Jun 2025.

+Founded 2009 .

+≈1,765 employees.

+Latest round: Take-private acquisition by TPG and Corpay, $2.2B raised, led by TPG.

DriveWealthPRIVATEFintech · US · 2012

+Last disclosed mark $2.85B — post-money, Aug 2021.

+Founded 2012 .

+≈370 employees.

Verdict

Verdict

The $2.2B tells you…

The price set for the company in an acquisition.

An acquisition price is set in a negotiated transaction on its own date.

It stays fixed from that date onward.

The $2.85B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

The size of that round is undisclosed.

A dated print: it moves only when a newer round is announced.

A acquisition print and a post-money print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are AvidXchange and DriveWealth in the same sector?›

AvidXchange's sector is Fintech / Software; DriveWealth's sector is Financial technology (B2B brokerage-as-a-service / embedded investing infrastructure).

How do AvidXchange and DriveWealth compare in valuation?›

AvidXchange is valued at $2.2B, and DriveWealth at $2.9B.

Where are AvidXchange and DriveWealth headquartered?›

AvidXchange is based in Charlotte, North Carolina, and DriveWealth is based in New York, New York.

How many employees do AvidXchange and DriveWealth have?›

AvidXchange employs around 1,765 people; DriveWealth employs around 370.

What countries are AvidXchange and DriveWealth from?›

AvidXchange is headquartered in United States, and DriveWealth in United States.