About the Company
Inuit Inc. was incorporated in 1983 by Scott Cook and Tom Proulx and is headquartered in Mountain View, California. As of 2019, 95% of its profits and earnings came from its activities within the United States.
Intuit has acquired 55 companies, 9 out of which were in the past 5 years itself. A total of 9 acquisitions were various private equity firms. The company’s largest acquisition was Credit Karma for $7.1 billion in 2020. Intuit was first enlisted as an S&P 500 component on 5th December 2000. On December 5th, 2017, the company declared its acquisition of T sheets for $340 million.
In May 2014, the company acquired Check for approximately $360 million to offer bill pay services across small business and personal finance products. Intuit’s total number of employees in 2020 stood at 10,600, marking a 12.77% increase from 2019.
Intuit stock prices trade under the ticker symbol INTU on NASDAQ. Intuit’s inventive ecosystem of financial management solutions delivers to more than 50 million customers globally.
Intuit Inc. won 11 awards in 2019. The company recently received acknowledgement as one of the top 50 best cloud services for small businesses and as one of the top 20 most reliable brands worldwide. The company was in 7th position on Business Insider’s list of Best Companies for Working Women. Intuit delivers the best financial products and services and takes pride in being good global citizens. That is why the company has received recognition on the list of America’s Most Responsible Companies. Intuit has also been acknowledged as the number one company on Fortune’s Future 50 Sustainability All-Stars list.;
Organisation | Intuit Inc |
Industry | Software—Application |
HeadQuarters | Mountain View, CA |