Intuit Ventures Launches to Accelerate Innovation for Early and Growth Stage Small Business and Consumer Fintech Companies
22 Setembro 2021 - 12:05PM
Business Wire
Intuit Ventures will invest in the success of
growing tech start-ups to deliver future innovations for consumers
and small business
Intuit Inc. (Nasdaq: INTU), the global technology platform that
makes TurboTax, QuickBooks, Mint and Credit Karma, today announced
the launch of Intuit Ventures, its corporate venture capital
program. Intuit Ventures will help accelerate innovation for
businesses and consumers through the companies it invests in,
driving future innovations for consumers and small businesses. The
program will primarily invest in series B and C-stage companies
that are solving small businesses and consumers’ biggest problems,
with areas of interest including fintech, virtual expertise,
consumer finance, omni-channel commerce, AI-enabled services and
crypto/DeFi.
“Our mission of powering prosperity around the world inspires us
to solve our customers’ most important financial challenges.
Innovation both within Intuit and outside the company is critical
to achieving our mission,” said Shveta Mujumdar, Vice President of
Corporate Development and leader of Intuit Ventures at Intuit. “We
have always supported the ecosystem around us with our open
platform, and we’ve been partnering with startups on our platform
for many years. Intuit Ventures accelerates our ability to empower
entrepreneurs and the start-up community, and invest directly in
their success.”
Intuit Ventures completed its first investment in Clearco, a
high-growth series C-stage startup which offers unbiased,
non-dilutive capital to digitally-native businesses and leverages
data and insights to help them scale. Clearco strongly aligns with
Intuit Ventures’ focus on fintech and omni-channel commerce as well
as Intuit’s focus on small business success.
“When we considered investors in our latest fundraising, Intuit
stood out based on their deep expertise with small businesses and
our strategic alignment with their mission,” said Michele Romanow,
Co-founder and CEO of Clearco. “We are proud to be the newest
portfolio company of Intuit Ventures and are thrilled to have the
support of such a strong technology company.”
To learn more about Intuit Ventures, please visit
www.intuit.com/ventures.
About Intuit
Intuit is a global technology platform that helps our customers
and communities overcome their most important financial challenges.
Serving approximately 100 million customers worldwide with
TurboTax, QuickBooks, Mint and Credit Karma, we believe that
everyone should have the opportunity to prosper. We never stop
working to find new, innovative ways to make that possible. Please
visit us for the latest information about Intuit, our products and
services, and find us on social.
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version on businesswire.com: https://www.businesswire.com/news/home/20210922005246/en/
Press Contact Karen Nolan 650-490-0608
karen_nolan@intuit.com
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