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Michael Praeger
CEO, Avidxchange
Michael Praeger
CEO, Avidxchange

Michael founded AvidXchange, a software company that helps middle market firms manage their accounts payable, 20 years ago. He has built the company and AvidXchange now has over 1,600 employees, 8,800 middle-market customers and 965,000 suppliers, managing $215 billion in annual spending..

In October 2021, he took the company public.

Corporate social responsibility is a big deal for him.. In 2005 he founded the AvidXchange Foundation to improve the lives of children and families in the areas where AvidXchange has offices.

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