CEO and Co-Founder
Michael Praeger is the Co-Founder and Chief Executive Officer of AvidXchange, the leading provider of on-demand accounts payable and payment automation solutions. Since founding AvidXchange, Michael has led the company to secure the coveted title of Global Unicorn by CB Insights three years in a row, with a $1 billion-plus valuation by investors, 5,500 customers and 500,000 suppliers nationwide.
An expert on fintech, payments innovation, entrepreneurism and leadership, Michael has been an active participant and speaker at various industry conferences, including the 2018 Collision Conference and Money20/20. A Forbes contributor with appearances in Authority Magazine, Business Insider, Inc., and The Wall Street Journal, he is considered a thought leader in developing creative solutions for mid-sized companies to grow their businesses, increase revenue and drive efficiencies.
Before establishing AvidXchange, Michael was Co-Founder of PlanetResume.com, a technology career enhancement and recruiting site that successfully completed its merger with CareerShop.com in November 1999. Prior to that, he was Co-Founder and CEO of InfoLink Partners, a software company specializing in automating the tax billing and collection functions for municipalities. Michael also served as an Associate with Summit Partners, a 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 E2D.
Michael received a B.S.B.A. in Finance from Georgetown University and is a graduate of the “Birthing of Giants” executive entrepreneurship program at MIT.
Michael Praeger is the Co-Founder and Chief Executive Officer of AvidXchange, the leading provider o