Charlotte, North Carolina-based provider of accounts payable and payment automation solutions AvidXchange has raised $300m in private equity funding, including a $100 growth equity investment from Caisse de dépôt et placement du Québec. Serving over 5,500 midsize businesses in North America, AvidXchange’s solutions enable clients to automate and streamline their B2B invoice and payment processes, increasing control over, visibility into, and better management of cash flow.