Intuit Ventures
UnclaimedAt a Glance
- Check Size
- $2M – $10M
- Stage
- Series A, Series B+
- Sectors
- Fintech, AI, SaaS +1
- Founded
- 2021
- HQ
- Mountain View, CA
About Intuit Ventures
Intuit Ventures is the corporate venture capital program of Intuit, the Mountain View, California maker of TurboTax, Credit Karma, QuickBooks and Mailchimp. Intuit launched it on September 22, 2021, with Clearco, the e-commerce financing company, as its first portfolio company. Anton Hanebrink, Intuit's Chief Corporate Strategy and Development Officer, led the launch according to a 2026 proxy statement, and the program sits within Intuit's corporate strategy and development organization.
The unit invests in startups solving the biggest problems of small businesses and consumers. A 2023 Intuit post on how the program was scaling described Series A through C investing in companies with product-market fit, non-lead checks of $2 million to $10 million, and a target of 8 to 12 new investments a year across B2B fintech, consumer fintech, intelligent apps for small businesses, commerce, enabling technology and crypto and blockchain. Portfolio companies named in Intuit's own posts include Clearco, Drata, Vestwell, Forage, Ownwell, Wildfire and DOSS.
Its distinctive pitch is distribution and data. Intuit says portfolio companies gain access to an ecosystem of about 10 million small businesses and 93 million consumers, plus partnership introductions across Intuit product teams. Its investment notes tie each deal to an Intuit product: the Forage Series B post connected SNAP and EBT online payments to Intuit's consumer audience, and the Ownwell Series B post connected property tax appeals to Intuit's mission of powering prosperity. The program continued investing in 2026, joining Ownwell's Series B in February and Forage's $40 million Series B in June.
Investment Thesis
“Intuit Ventures says it invests in world-class startups that are powering prosperity for consumers and businesses. At launch, Intuit listed fintech, virtual expertise, consumer finance, omni-channel commerce, AI-enabled services and crypto and DeFi as areas of interest, and said innovation both inside and outside the company is critical to its mission. The 2023 update refined this into B2B fintech, consumer fintech, intelligent apps for small businesses, commerce and enabling technology. The unit targets companies that already have product-market fit and can benefit from Intuit's platform, customer base and product expertise, rather than very early bets.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Key Team (4)
Anton Hanebrink
Chief Corporate Strategy and Development Officer, Intuit
Selina Troesch
Principal
Tanvi Lal
Investor
Shveta Mujumdar
Vice President, Corporate Development (as of 2021)
Fund History
Intuit has not disclosed a dollar commitment for Intuit Ventures, which invests from Intuit's balance sheet. Its first investment, Clearco, was announced with the September 2021 launch. By October 2023 the team said it aimed to make 8 to 12 investments a year with non-lead checks of $2 million to $10 million. Activity continued in 2026 with Series B participations in Ownwell (February) and Forage (June). The 2023 update also described two new investments, Drata and Vestwell, and said the team operates as an independent corporate venture fund inside Intuit. No Form D filings under the Intuit Ventures name were located.
Frequently Asked Questions
What stage does Intuit Ventures invest at?
Intuit Ventures primarily invests at the Series A, Series B+ stages. This means they focus on companies that are scaling their go-to-market after proving product-market fit.
Where is Intuit Ventures located?
Intuit Ventures is headquartered in Mountain View, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Intuit Ventures focus on?
Intuit Ventures focuses on investments in Fintech, AI, SaaS, Consumer. Their portfolio reflects deep expertise and networks within these sectors.
What is Intuit Ventures's typical check size?
Intuit Ventures's typical investment check size ranges from $2M to $10M. Actual amounts may vary based on the stage, sector, and specific opportunity.
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