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Intuit Analysis: $8.5B Raised

What is Intuit?

Intuit provides financial software solutions, primarily through QuickBooks, assisting businesses with accounting, invoicing, and payroll management.

HQ Country
Mountain View, United States
Employees
15362
Founded
1983
Industry
B2b Saas
Recent Funding Round
IPO
Recent Venture Round Amount
$4,500,000,000

Product Features & Capabilities

  • TurboTax for tax preparation
  • QuickBooks for accounting and payroll
  • Credit Karma for credit monitoring
  • Mailchimp for email marketing
  • TurboTax Live for personalized tax assistance.

How much Intuit raised

Angel Round - $151K

September 1984
Lead Investor: Not publicly disclosed

Series A - $12M

September 1991
Lead Investor: Kleiner Perkins, Sierra Ventures, Technology Venture Investors

Post-IPO Equity - $6.7M

January 2011
Lead Investor: Not publicly disclosed

Post-IPO Debt - $4B

September 2023
Lead Investor: Not publicly disclosed

Post-IPO Debt - $4.5B

January 2025
Lead Investor: JP Morgan Chase

Other Considerations

Serves approximately 100 million users; Offers a range of financial products; Recognized for innovation in financial technology.

Sales Tech Stack

  1. QuickBooks Online - Serves as the central accounting solution.
  2. QuickBooks Online Payroll - A payroll tool that integrates with QuickBooks.
  3. Bill.com - A leading accounts payable management tool that integrates with QuickBooks.
  4. Dext Prepare - A receipt management tool that supports integration with QuickBooks.
  5. Expensify - A tool for managing employee expense reimbursements that integrates with QuickBooks.

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Financial Overview

$8.5BTotal Raised
Angel Round$151K
September 1984
Investors: Not publicly disclosed
Series A$12M
September 1991
Investors: Kleiner Perkins, Sierra Ventures, Technology Venture Investors
Post-IPO Equity$6.7M
January 2011
Investors: Not publicly disclosed
Post-IPO Debt$4B
September 2023
Investors: Not publicly disclosed
Post-IPO Debt$4.5B
January 2025
Investors: JP Morgan Chase
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