Michael Praeger is the co-founder and CEO of AvidXchange, a leading technology company focused on automating invoice and payment processes for mid-market businesses. With his extensive background in entrepreneurship and finance, Praeger has successfully led AvidXchange to serve over 8,800 customers and establish a network of more than 965,000 suppliers nationwide.
Who is the CEO of AvidXchange?
Before co-founding AvidXchange, Michael Praeger gained valuable experience in entrepreneurship and finance through various ventures. He co-founded PlanetResume.com, a technology career enhancement and recruiting site, which later merged with CareerShop.com. Additionally, he co-founded and served as CEO of InfoLink Partners, a software company focused on automating tax billing and collection for municipalities. Praeger also worked as an associate with Summit Partners, a venture capital and buyout partnership.
His active participation in organizations such as the Young Presidents Organization (YPO) and his advisory role in the North Carolina Technology Association (NCTA) further demonstrate his commitment to innovation and community engagement.
Work History
- AvidXchange, Inc. - Co-Founder, Chairman, and Chief Executive Officer (April 2000 - Present)
- PlanetResume.com - Principal and Co-Founder (January 1997 - January 1999)
Education History
Michael Praeger holds a B.S.B.A. in Finance from Georgetown University, where he gained a strong foundation in financial principles and practices. This educational background has played a significant role in his successful entrepreneurial ventures and leadership in the fintech industry.
When did Michael Praeger join AvidXchange?
Michael Praeger co-founded AvidXchange in April 2000 and has been serving as its Chief Executive Officer since then. As the CEO and co-founder, he has played a crucial role in the company's growth and success for over two decades.