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Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Accounting & Finance Software
intuit.com

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Investments

16

Portfolio Exits

13

Partners & Customers

10

Service Providers

3

About Intuit

Intuit is a provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; and consumers and accounting professionals. Its flagship products and services, including QuickBooks, Quicken, and TurboTax, simplify small business management and payroll processing, personal finance, and tax preparation, and filing. ProSeries and Lacerte are Intuit's leading tax preparation offerings for professional accountants.

Intuit Headquarter Location

2700 Coast Ave.

Mountain View, California, 94043,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Intuit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Intuit in 6 Expert Collections, including HR Tech.

H

HR Tech

65 items

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

S

SMB Fintech

1,145 items

G

Gig Economy Value Chain

155 items

Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry

U

US-based SMB Fintech Companies

354 items

Intuit Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Intuit Rank

Latest Intuit News

Intuit intros Money by QuickBooks for small businesses

Oct 22, 2021

Photo: provided Oct. 22, 2021 Intuit has announced Money By QuickBooks mobile app to allow small businesses, freelancers and entrepreneurs the ability to accept payments. The app features debit card and bill payment capabilities and can accept business cash with same-day deposit at no extra fee through the app or through the QuickBooks Visa business debit card, according to a press release. Features of the app include: Compatibility with debit, credit and ACH transfer payments, without customers needing the app. Funds are FDIC insured. Users can schedule and pay bills. Users can access 19,000 Allpoint ATMs with the QuickBooks Visa business debit card. "The pandemic has driven the number of small business starts to historic highs, and we have a unique opportunity to expand the reach of our financial services expertise to even more new entrepreneurs," Rob Daniel, director of product management for Intuit QuickBooks Money Offerings, said in the release. "These small businesses tell us they want fintech to help them feel in control of their money and cash flow, whether that's getting paid quickly or having greater visibility into their finances. Money by QuickBooks does just that and puts these tools right in the hands of small businesses allowing them to lay the foundation for growth and success." KEEP UP WITH ATM AND DIGITAL BANKING NEWS AND TRENDS Sign up now for the ATM Marketplace newsletter and get the top stories delivered straight to your inbox. SUBSCRIBE NOW

Intuit Investments

16 Investments

Intuit has made 16 investments. Their latest investment was in Clearco as part of their Series C - II on July 7, 2021.

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Intuit Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/8/2021

Series C - II

Clearco

$215M

Yes

4

4/22/2020

Grant

Virtual Enterprises International

$1M

Yes

1

8/2/2016

Series B

Townsquared

$11.05M

Yes

10

11/18/2014

Series C - II

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$99M

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10

6/27/2013

Seed VC

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$99M

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10

Date

7/8/2021

4/22/2020

8/2/2016

11/18/2014

6/27/2013

Round

Series C - II

Grant

Series B

Series C - II

Seed VC

Company

Clearco

Virtual Enterprises International

Townsquared

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Amount

$215M

$1M

$11.05M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

4

1

10

10

10

Intuit Portfolio Exits

13 Portfolio Exits

Intuit has 13 portfolio exits. Their latest portfolio exit was Revel Systems on February 06, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/6/2017

Acq - Fin

2

3/4/2016

Divestiture

2

3/4/2016

Divestiture

1

00/00/0000

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10

00/00/0000

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$991

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10

Date

2/6/2017

3/4/2016

3/4/2016

00/00/0000

00/00/0000

Exit

Acq - Fin

Divestiture

Divestiture

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Companies

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Valuation

$991

Acquirer

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Sources

2

2

1

10

10

Intuit Acquisitions

60 Acquisitions

Intuit acquired 60 companies. Their latest acquisition was MailChimp on September 13, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/13/2021

$991

Acquired

38

2/2/2021

Acquired

6

8/4/2020

Series B

$991

$17.16M

Acquired

5

7/1/2020

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$99M

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10

2/24/2020

Secondary Market

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$991

$99M

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10

Date

9/13/2021

2/2/2021

8/4/2020

7/1/2020

2/24/2020

Investment Stage

Series B

Secondary Market

Companies

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Valuation

$991

$991

$991

Total Funding

$17.16M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

38

6

5

10

10

Intuit Partners & Customers

10 Partners and customers

Intuit has 10 strategic partners and customers. Intuit recently partnered with Codat on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/14/2021

Partner

Codat

United Kingdom

08:44 ET Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance

This partnership will bring about a new wave of Open Finance for SMB 's and speed app development for QuickBooks .

5

9/24/2021

Partner

Anita Borg Institute

United States

Intuit partners with AnitaB.org for tech immersion program

Eleven women made up the first cohort of the partnership between AnitaB.org and Intuit .

1

9/14/2021

Licensee

Weave

United States

10:00 ET Weave Launches Integration With QuickBooks Online

`` Integrating Weave 's services with QuickBooks Online brings efficiency and value to millions of QuickBooks Online ' small business customers , expanding the impact our all-in-one customer communications and engagement platform can have on the small business owners who are the backbone of our economy , '' said Weave CEO Roy Banks .

1

8/18/2021

Partner

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10

7/17/2021

Partner

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10

Date

10/14/2021

9/24/2021

9/14/2021

8/18/2021

7/17/2021

Type

Partner

Partner

Licensee

Partner

Partner

Business Partner

Codat

Anita Borg Institute

Weave

Country

United Kingdom

United States

United States

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News Snippet

08:44 ET Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance

This partnership will bring about a new wave of Open Finance for SMB 's and speed app development for QuickBooks .

Intuit partners with AnitaB.org for tech immersion program

Eleven women made up the first cohort of the partnership between AnitaB.org and Intuit .

10:00 ET Weave Launches Integration With QuickBooks Online

`` Integrating Weave 's services with QuickBooks Online brings efficiency and value to millions of QuickBooks Online ' small business customers , expanding the impact our all-in-one customer communications and engagement platform can have on the small business owners who are the backbone of our economy , '' said Weave CEO Roy Banks .

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Sources

5

1

1

10

10

Intuit Service Providers

4 Service Providers

Intuit has 4 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Merchant Bank

Financial Advisor

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Service Provider

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Associated Rounds

Acquired

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Provider Type

Merchant Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

Intuit Team

41 Team Members

Intuit has 41 team members, including current Chief Executive Officer, Scott D Cook.

Name

Work History

Title

Status

Scott D Cook

Chief Executive Officer

Current

Christine Martino

Chief Operating Officer

Current

Alex Chriss

Executive Vice President

Current

Raymond G Stern

Senior Vice President

Current

JEAN FEDERIGHI

Owner

Current

Name

Scott D Cook

Christine Martino

Alex Chriss

Raymond G Stern

JEAN FEDERIGHI

Work History

Title

Chief Executive Officer

Chief Operating Officer

Executive Vice President

Senior Vice President

Owner

Status

Current

Current

Current

Current

Current

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