COMPANY INFO
Intuit Inc. is an American multinational business software company founded in 1983 by Scott Cook and Tom Proulx. It specializes in financial software products such as TurboTax, QuickBooks, Credit Karma, and Mailchimp, serving individuals and small businesses, with approximately 18,800 employees as of 2024, headquartered in Mountain View, California, and operating in the enterprise software industry. Its website is intuit.com.
Intuit Inc. is an American multinational business software company founded in 1983 by Scott Cook and Tom Proulx. Specializing in enterprise software, Intuit is best known for its suite of financial products, including TurboTax, QuickBooks, Credit Karma, and Mailchimp. Headquartered in Mountain View, California, Intuit Inc. employs approximately 18,800 people worldwide as of 2024 and serves both individuals and small businesses with a focus on simplifying financial management and taxation.
Over its corporate history, Intuit Inc. funding has comprised a series of financing rounds that have helped the company establish and grow its leadership in financial and business software. With a total of $49.6 million raised across nine funding rounds, Intuit's funding strategy has included both seed investments and strategic grants, underpinning its expansion and innovation initiatives. Prominent milestones include early seed rounds that fueled development of key products and a notable grant provided by the European Union. The diverse mix of Intuit Inc. investors—including venture capital firms and grant organizations—reflects a strategic approach focused on both capital growth and fostering innovation.
This grant round, led by the European Union, provided Intuit Inc. with prize money aimed at supporting innovation and specific project development within the company.
This seed funding round allowed Intuit Inc. to accelerate product development and expand market reach for its flagship business and financial software solutions.
One of the company’s early seed rounds, this funding supported Intuit’s foundational growth and the initial scaling of its digital finance offerings.
The European Union awarded Intuit Inc. a grant as prize money, supporting innovation-oriented projects and further affirming the company’s influence in financial technology advancements.
Menlo Ventures is a leading venture capital firm known for investing in early- and growth-stage technology companies. As an Intuit Inc. investor, Menlo Ventures played a crucial role in backing the company during its formative years and funding expansion activities.
Morgenthaler is a prominent venture capital and private equity firm with a history of supporting technology innovators. As one of the key Intuit Inc. investors, Morgenthaler contributed to the company’s early rounds, helping position Intuit as an enterprise software leader.
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