TechCrunch

Intuit launches venture arm to invest in startups with innovation for small businesses, consumers

Intuit, the business and financial tools company best known for its TurboTax software, made news last week for its acquisition of Mailchimp, and is now announcing a corporate venture capital arm, Intuit Ventures, to identify growth opportunities and trends beneficial for its key customers — small businesses and consumers. The company is the latest to get into corporate venture, joining a group that includes WorkDay, Salesforce and Zoom. CEO Sasan Goodarzi spoke exclusively with TechCrunch about the new venture, which will focus its initial investments in areas including fintech, e-commerce infrastructure, platforms and enablement, virtual experts/digital advice, AI/ML and cryptocurrency/DeFi.

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