Intuit

Intuit develops a cloud-based platform that provides invoicing, accounting and billing solutions for businesses. Read more

13,321 Followers on Owler
13,321 Followers on Owler
13,321 Followers on Owler
13,321 Followers on Owler

Intuit

Intuit develops a cloud-based platform that provides invoicing, accounting and billing solutions for businesses. Read more

Sasan Goodarzi's photo - CEO of Intuit

CEO

Sasan Goodarzi

CEO Approval Rating

48/100

Founded:

1983

Status:

PublicIndependent CompanyNASDAQINTU

INTUIT TOP COMPETITORS OR ALTERNATIVES

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Sage is the top competitor of Intuit. Sage is a Public company that was founded in North Park, England in 1981. Like Intuit, Sage also operates in the Systems Software sector. Sage has 4,606 more employees vs. Intuit.

Xero is seen as one of Intuit's biggest rivals. Xero was founded in Te Aro, Wellington Region} in 2006. Like Intuit, Xero also competes in the Enterprise Software space. Compared to Intuit, Xero generates $7.3B less revenue.

FreshBooks is perceived as one of Intuit's biggest rivals. FreshBooks was founded in 2003, and is headquartered in Toronto, Ontario. Like Intuit, FreshBooks also operates in the Enterprise Software space. FreshBooks generates $7.7B less revenue vs. Intuit.

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Intuit Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$7.7B

Intuit's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 3.7B. Over the last four quarters, Intuit's revenue has decreased by 47.5%. Specifically, in Q1 2021's revenue was $1.6B; in Q4 2020, it was $1.3B; in Q3 2020, it was $1.8B; in Q2 2020, Intuit's revenue was $3B.

Intuit Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
OneSaas Pty Ltd.

Feb 2021

Source »
undisclosed
OneSaas develops an AI-based workflow automation platform that provides accounting, fulfillment and invoicing integration solutions for businesses.
QuickBooks Commerce

Aug 2020

Source »
$80M
TradeGecko develops an inventory and order management platform that offers cloud-based reporting and order management solutions for retailers.
Credit Karma, Inc.

Feb 2020

Source »
$7.1B
Credit Karma is a digital finance platform that offers credit score monitoring and reporting solutions to individuals.
Origami Logic, Inc.

May 2019

Source »
undisclosed
Origami Logic offers marketing analytics, campaign reporting, digital media optimization, and cross channel measurement solutions for enterprises.
Applatix

Jan 2018

Source »
undisclosed
Applatix offers training, support and consulting services for the development teams that builds, deploys and manages containerized applications.

These are all the companies that Intuit has acquired. Intuit has acquired 50 companies and its latest acquisition was OneSaas Pty Ltd. in Feb 2021. OneSaas develops an AI-based workflow automation platform that provides accounting, fulfillment and invoicing integration solutions for businesses.

Intuit Funding History

Since Intuit was founded in 1983, it has participated in 2 rounds of funding. In total Intuit has raised $2.0B. Intuit's last funding round was on Jun 2020 for a total of $2.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jun 2020
$2B
-
IPO
Mar 1993
--

Since Intuit was founded in 1983, it has participated in 2 rounds of funding. In total Intuit has raised $2.0B. Intuit's last funding round was on Jun 2020 for a total of $2.0B

Intuit Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Amyris is a biotechnology company that converts plant sugar into hydrogen molecules to produce nutraceutical, beauty and wellness products.
$60M
Dec 05, 2018
Equity
Sep 27, 2010
TownSquareds is a free online network for local businesses and professionals within the same neighborhood to connect, communicate and collaborate.
$11.1M
Aug 01, 2016
Series B
-
Clinkle develops mobile payment applications.
$25M
Jun 26, 2013
Seed
-
PlumChoice is a consulting agency that offers cloud onboarding, migration, Internet of Things, administrative and technical help desk services.
$8.6M
Apr 26, 2012
Equity
Nov 01, 2018

These are all the companies that Intuit has invested in. Intuit has invested 50 companies and its latest investment was OneSaas Pty Ltd. in Feb 2021. OneSaas develops an AI-based workflow automation platform that provides accounting, fulfillment and invoicing integration solutions for businesses.

Intuit News

April 8, 2021Benzinga

Scantranx Announces Intuit QuickBooks Integration for Its Cloud-Based Retail POS Software

Scantranx joins Intuit Developer Platform to support small business growth. Fredericton, Canada, Apri... See more »
April 6, 2021EnterpriseTimes

Intuit partners with Practice Ignition for tax products

Intuit ProConnect has announced a new partnership with Practice Ignition (PI). Intuit ProConnect help... See more »
March 24, 2021MarketScreener

Correction to Intuit Heard on the Street Article on March 20

(marketscreener.com) Intuit raised its fiscal 2021 projection on Dec. 7. "Intuit Needs Good Karma" at... See more »
March 20, 2021MarketScreener

Needs Good Karma -- Heard on the Street

(marketscreener.com) By Dan Gallagher Once again, an extension of tax season will tweak Intuit's busi... See more »
March 20, 2021CTech

"We are at times referred to as the best-kept secret in the tech industry"

Intuit serves more than 50 million people and has 11,000 global employees, and yet Israelis probably ... See more »
March 15, 2021Enterprise IT World

Saurabh Saxena appointed as Intuit's India site leader

Intuit has appointed Saurabh Saxena as the new Intuit site leader for India. Saurabh will lead the In... See more »
March 10, 2021Employee Benefit News

Intuit adds e-signature capabilities to QBO Advanced

In a remote world, e-signature capabilities have become a must - not just for saving time, but for ge... See more »

Intuit Blogs

April 21, 2021Intuit Blog

Our Climate-Positive Commitment

Our mission to power prosperity around the world includes taking care of our planet. We're moving tow... See more »
April 20, 2021Intuit Blog

Our Workplace of the Future Strategy

It's been a year of change and resiliency. One that altered our roles as employees, parents, and memb... See more »
April 15, 2021Intuit Blog

19 QuickBooks Customers Who Are Supporting a More Sustainable Future

At Intuit, we're committed to providing better access to sustainable solutions which are traditionall... See more »
April 15, 2021Intuit Blog

Patience, perseverance and positivity during Ramadan

Like last year, many of the world's 1.6 billion Muslims who observe Ramadan will be doing so in a ver... See more »
April 9, 2021Intuit Blog

Innovating Through Uncertain Times: 5 Tips from Intuit Co-founder, Scott Cook

As a tech community, how can we collectively accelerate financial prosperity solutions and play a gre... See more »
April 8, 2021Intuit Blog

Top 10 Frequently Asked Questions About Working as a Remote Tax Professional

As we talk to people who are interested in joining Intuit as a TurboTax Live expert, we hear many com... See more »
April 8, 2021Intuit Blog

Debunking 8 Myths of Professional Tax Preparation as a Career or a Job to Earn Extra Income

When you think of helping people prepare their taxes online, you probably have some preconceptions ab... See more »

Intuit Press Releases

February 25, 2021StreetInsider

Intuit CFO Michelle Clatterbuck to Present at Morgan Stanley Technology Virtual Conference

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Michelle Clatterbuck, chief financial officer of Intuit (Nas... See more »
February 23, 2021Business Wire

Intuit Reports Second Quarter Results and Reiterates Full Year Guidance; Small Business Online Ecosystem Revenue Grew 22 Percent

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks, Cr... See more »
February 3, 2021Business Wire

TurboTax Launches 2021 Integrated Marketing Communication Program to Empower and Educate the Latino Community this Tax Season

SAN DIEGO--(BUSINESS WIRE)--TurboTax, from Intuit Inc. (Nasdaq: INTU), the leader in online tax prepa... See more »
February 1, 2021MarketersMedia

QuickBooks Integrated Financial KPI Monitoring Collaboration Platform Launched

A new financial data management and company growth platform has been launched, called Path by Simplex... See more »
January 4, 2021Business Wire

New Intuit TurboTax Live Brand Campaign Brings Tax Experts "Straight To You"

SAN DIEGO--(BUSINESS WIRE)--Today, TurboTax, the nation's leading online tax preparation service from... See more »
December 10, 2020Business Wire

Intuit TurboTax Live Renews Presenting Sponsorship of NFL AFC & NFC Championship Games; Adds NFL AFC & NFC Divisional Round Presenting Sponsorship

SAN DIEGO & NEW YORK--(BUSINESS WIRE)--The National Football League (NFL) and Intuit Inc (Nasdaq: INT... See more »
December 2, 2020Business Wire

Intuit TurboTax Launches Fully Assisted Tax Preparation Solution With New TurboTax Live Full Service

SAN DIEGO--(BUSINESS WIRE)--TurboTax, from Intuit Inc. (Nasdaq: INTU), the leader in online tax prepa... See more »

Intuit Videos

November 14, 2019Intuit Vimeo Channel

"CDI D4D Premliminary Animation v3" on VIMEO

Cast: Intuit Labs... See more »
August 1, 2019Intuit Vimeo Channel

"Why we do Follow Me Homes - Customer Empathy" on VIMEO

Cast: Intuit Labs... See more »
February 23, 2019Intuit Youtube Channel

"I Am Mosaic" on YOUTUBE

December 19, 2018Intuit Youtube Channel

"We Are Intuit" on YOUTUBE

September 27, 2018Intuit Vimeo Channel

"Catalant Fast Experiment Lesson" on VIMEO

Cast: Intuit Labs... See more »
September 18, 2018Intuit Vimeo Channel

"How to Establish Good LOFAs KJ" on VIMEO

Cast: Intuit Labs... See more »
September 18, 2018Intuit Vimeo Channel

"Narrowing The LOFAs" on VIMEO

Cast: Intuit Labs... See more »

Social Media

Intuit Headquarters

2700 Coast Avenue

Mountain View, California94043

650-944-6000

Driving Directions »

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Intuit Summary

ABOUT

Overview

Intuit (NASDAQ: INTU) is an American company founded in Palo Alto, California, and headquartered at 2632 Marine Way, Mountain View, California (CA).The company was founded by Scott Cook and Tom Proulx in 1983, on the gamble that personal computers wou...

CEO

Intuit's CEO, Sasan Goodarzi, currently has an approval rating of 48%. Intuit's primary competitors are Sage, Xero & FreshBooks.

Website

intuit.com

Frequently Asked Questions about Intuit

  1. When was Intuit founded?

    Intuit was founded in 1983
  2. Who is Intuit's CEO?

    Intuit's CEO is Sasan Goodarzi
  3. How much revenue does Intuit generate?

    Intuit generates $7.7B in revenue
  4. How much funding does Intuit have?

    Intuit has historically raised $2B in funding
  5. Where is Intuit's headquarters?

    Intuit's headquarters is in Mountain View California, USA
  1. How many employees does Intuit have?

    Intuit has 7,900 employees
  2. What sector does Intuit operate in?

    Intuit is in Systems Software, IT Services, Enterprise Software
  3. Who are Intuit's competitors?

    Intuit's top competitors are Sage, Xero, FreshBooks
  4. Who has Intuit invested in?

    Intuit's has invested in companies such as Amyris, Townsquared, Clinkle