Intuit Analysis: $8.5B Raised
What is Intuit?
Intuit provides financial software solutions, primarily through QuickBooks, assisting businesses with accounting, invoicing, and payroll management.
Employees
15362
Founded
1983
Industry
B2b Saas
Latest Funding Round
IPO
Latest Funding Round Size
Post-IPO Debt
Parent Company Website
Public Company Status
Public
Recent Venture Round Amount
$4,500,000,000
Use Clay
No
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.
Use Cases
File personal taxes efficiently with TurboTax; Manage small business finances with QuickBooks; Monitor credit scores using Credit Karma; Automate email marketing campaigns with Mailchimp; Access live tax assistance through TurboTax Live.
How much Intuit raised
Angel Round - $151K
September 1984Lead Investor: Not publicly disclosed
Series A - $12M
September 1991Lead Investor: Kleiner Perkins, Sierra Ventures, Technology Venture Investors
Post-IPO Equity - $6.7M
January 2011Lead Investor: Not publicly disclosed
Post-IPO Debt - $4B
September 2023Lead Investor: Not publicly disclosed
Post-IPO Debt - $4.5B
January 2025Lead 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
The sales technology stack used by Intuit includes several key tools and software that enhance their sales operations. These tools are:
- QuickBooks Online - Serves as the central accounting solution.
- QuickBooks Online Payroll - A payroll tool that integrates with QuickBooks.
- Bill.com - A leading accounts payable management tool that integrates with QuickBooks.
- Dext Prepare - A receipt management tool that supports integration with QuickBooks.
- Expensify - A tool for managing employee expense reimbursements that integrates with QuickBooks.
These tools collectively help streamline operations and improve efficiency in sales and accounting processes.