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Intuit Starts Venture Capital Program

Thursday, Sep 23 2021
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Intuit has launched Intuit Ventures, a venture capital program. The maker of TurboTax and QuickBooks said this week, the program will primarily invest in series B- and C-stage companies.

Intuit did not disclose the size of the fund available or the amount in invested in its first effort, Clearco, which it described as “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.”

The software company said investments will be made in areas such as fintech, virtual expertise, consumer finance, omni-channel commerce, AI-enabled services and crypto/DeFi.

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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